How Do You Activate a EA on MT4 for Trading?
How to Activate an EA on MT4 and MT5 Platform
Steps on How to Activate EA on MT4 and MT5 Platforms.
- Choose the Tools Menu
- Choose The Automated EAs Tab
- Click the Check Box 'Enable Automated EAs'
- Click the Check Box 'Allow Live Trading'
Method on how to activate an MT4 & MT5 EA
Options Setting on Tools Menu on MetaTrader 4 & MT5 Platform
The options setting button is used for a variety of numerous different tasks on the MetaTrader 4 and MetaTrader 5 xauusd softwares. The Option setting button is listed within tools menu in the MetaTrader 4 & MT5 as displayed below. Short-cut keys for this - 'Ctrl+O'.
Meta Trader 4 & MT5 Options Settings - EAs Automated Setup
MetaTrader 4 & MT5 Options Settings
These settings on the MetaTrader 4 and MT5 are illustrated below: the listing of various buttons are displayed as tabs as shown on the image below. As a trader to edit anything on this window just click on any of these button keys and then change settings.
EAs Tab
The Platform Automated Expert Advisors panel is displayed below:
Meta Trader 4 and MT5 Platform - Options Settings for Automated EAs Automated Trading
following options are used for Automated EAs Automated Trading:
Enable EAs - Allow for EA to be placed on chart for automated trading execution purposes
Disable experts when trading accounts have been changed - log in to a different account deactivates EAs
Disable Experts when profile has been change - When you change profiles the Expert Advisors setting for allowing trading in new profile is deactivated until you allow and manually place an Automated EA on this new opened chart.
Allow Live Trading - Give Permission to the Expert Advisor to open trades on the live market.
(Ask Manual Confirmation - no needs for this if you're using EAs, leave this one as it is shown without checking it.)
Allow DLL Import - Dynamic Link Library, which are external, unless this is required this should be left unticked. (External means that these libraries are referenced from a source external and outside your PC computer, so you should try to be careful with this one)
Confirm DLL functions calls - Exercise manual permission for each ++2& every function call, either allow it or disallow it based on your set trade parameters.
Allow External Experts imports - This is used to allow your Expert Advisor to reference some data from another EA that's in another place, away from your computer PC, (External means these Expert Advisor Robots are referenced from an external source that is outside of your Desktop Computer, so you need to be careful on this setting).
MQ5 EA Forum
The MQL5 forum is a forum where traders can find other traders and Exchange Automated EAs and Signals with each other.
Traders have to register to this MQL5 Automated EAs community forum & can then access services from their MetaTrader 4 or MT5 software directly. To get details on how to access and register in this community forum, sign in to your MT4 or MT5 software & navigate to window panel shown below and follow the instructions.
MQL5 Expert Advisor Community - MetaTrader 4 Robots & MT5 Robots\
