IMPORT AN INDICATOR/STRATEGY

how do i import an ex4 or mq4 indicator or custom strategy into metatrader.

I am totally beginning to adjust myself to this new platform, and intuitively I can't seem to find the process thru HELP.

Thanks,

Liz

IMPORTING OF INDICATORS

.mq4 is the readable source code
.ex4 is the compiled code and is unreadable

1) Copy and Paste either form of the indicator into the " …\experts\indicators " folder where you installed MT4.

For example, if you downloaded the installer from Strategybuilderfx.com, you'll paste the indicator in the folder:

C:\Program Files\StrategyBuilderFX 4\experts\indicators

Or if you downloaded it from metaquotes.net, you'll paste it here:

C:\Program Files\MetaTrader 4\experts\indicators

2) If MT4 is currently open, close it.

3) Now, Re-Open MT4.
When MT4 starts up it will compile and activate the indicator.

You can also use the MetaQuotes Language Editor to view the source code ( .mq4 ) and compile the indicator without restarting MT4. Just be sure that the indicator is saved to the “ …\experts\indicators “ folder then compile.

A custom strategy or Expert Advisor ( EA ) has the same file types ( .mq4 and .ex4 ). An EA is imported and compiled in the same manner as an indicator except that it is placed in the “ …\experts “ folder.