Step-by-step guide: how to install a trading bot in MetaTrader 4
Step-by-step guide
Automated trading is becoming increasingly popular among traders who want to save time and let a program execute their strategies. In MetaTrader 4 (MT4) , these programs are called Expert Advisors (EAs) or simply trading bots .
If this is your first time, don't worry: here's a step-by-step guide to installing a bot on MT4 and getting started in just a few minutes.
You can also download the complete guide with images for free, or watch the video on our YouTube channel.
Step 1: Download the trading bot (EA)
First of all, you need the bot file.
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Typically, MT4 trading bots come in .ex4 or .mq4 format.
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Once you purchase or download it, save it to your computer.
In our trading bots store , each download includes detailed instructions along with the file.
Step 2: Open the MT4 installation folder
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Open MetaTrader 4 .
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In the top menu, click File → Open Data Folder .
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A window will open with several folders.
This is where you'll place your bot.
Step 3: Copy the bot file to the correct folder
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Inside the data folder, open MQL4 → Experts .
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Copy your bot file (.ex4) into that folder.
Close the window.
Step 4: Restart MetaTrader 4
For MT4 to recognize the new bot, you need to restart the platform.
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Close and reopen MetaTrader 4.
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In the left panel, under Expert Advisors , your bot should appear.
Step 5: Configure the bot on a chart
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Open the chart of the pair or instrument you want to trade (example: XAU/USD, EUR/USD ).
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Drag your bot from the Expert Advisors panel to the chart.
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A window will open with the configuration options.
Here you can customize:
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Batch size.
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Stop loss and take profit.
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Risk management.
Step 6: Activate the trading bot
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Make sure the AutoTrading button at the top of MT4 is green.
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If the bot is working, you'll see a smiley face in the top right corner of the graph.
If you see a sad face, it means the bot is not active (make sure you have enabled “Allow auto trading” in the settings).
Additional tips
✅ Test on demo first: Before using the bot on a live account, test it on a demo account to make sure it works as you expect.
✅ Review settings: Each bot has different parameters, so check the settings carefully before operating.
✅ Keep MT4 open: Bots work as long as the platform is open and connected to the internet. → You can see the guide on what it is and how to get a VPS to avoid this.
Conclusion
Installing a trading bot in MT4 is a simple process that any trader can complete in just a few minutes. Once configured, your Forex EA will automatically open and close trades, following your defined strategy.
If you don't have a bot yet, visit our trading bot store and start automating your operations today.