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Help with installing EA

  • #1
  • First Post: Edited Aug 20, 2012 3:00am Aug 19, 2012 2:20pm | Edited Aug 20, 2012 3:00am
So today I planned to get an EA working on my platform (MT4). I chose this one. I could get it in the right directory but it doesn't seem to work. So I looked for changes and found them but still couldn't get it to work .


Is anyone more experienced with EA's and installing them (and getting them to work!), at this point (I'm still a beginner) I just want to learn what is wrong and what is right.

Any comments? Questions? Let me know !!
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #2
  • Aug 19, 2012 4:21pm Aug 19, 2012 4:21pm
There are many reasons why an EA may not work and you haven't given us enough info to figure it out. The first thing to check is if you have EAs enabled for MT4. That is under the Options choice of the Tools menu. Make sure you have the appropriate boxes checked. Once you verify that, check that the EA is enabled by going the Properties and ensuring the appropriate boxes are checked. By now, the smiley face should appear on the upper right hand corner of your chart.

If it still doesn't work, you will have to supply more details.
  • #3
  • Aug 19, 2012 4:36pm Aug 19, 2012 4:36pm
Make sure that the "expert advisors" box is clicked on the 2nd menu on your mt4 chart. If it isn't it will have a red box; it should have a green box and white arrow if EAs are enabled.
  • #4
  • Aug 20, 2012 9:47am Aug 20, 2012 9:47am
I'm sorry, you were right.

I wanted to try out this EA: http://www.autotradingfx.com/softwares/scalpnetv13

I got it installed in my directory and activated it on my MT4 but it didn't do anything. The EA advisor button is activated.
So I checked back and in the notes there was further instruction you had to change the EA. But reading through this comment I couldn't find the part in the script that had to be changed. Now I wonder whether this was a real old EA or that I missed something.
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #5
  • Aug 20, 2012 10:24am Aug 20, 2012 10:24am
The EA is not set up foe an ECN broker.
If you are using one check the Experts Tab in Terminal and see if there are errors there.
If there are the code would need modifying.

M.

PS. Is that a picture of you? Whoa! Gorgeous :-)
If you think I'm mad, I must be mad
  • #6
  • Aug 22, 2012 2:54am Aug 22, 2012 2:54am
This is a basic example and assumes that you know how to copy the EA you plan to use to your EA folder within the MT4 Program folder.

I don't use this particular EA as I am able to program EA's myself, this is just for demonstration of setup purposes only. (Don't get any crazy ideas.)

Warning: Never live trade ANY EA with real money until you have tested it on demo for at least several months and fully know how to operate it and what various settings do within the console of the EA (Programmed Functions).
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  • #7
  • Aug 22, 2012 4:10am Aug 22, 2012 4:10am
Thanks! I will give it a try!
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #8
  • Aug 23, 2012 9:31am Aug 23, 2012 9:31am
All right, I got it to work!

BUT, it takes really small profits, like 5 or 6 pips. Is there a way to change that?

What code/language is the script?

So, I understand now that I have to put in an order and the EA will take it from there is that correct? I like that idea a lot to be honest, makes trading so much easier. I need to be able to control the script.

Can you change EA for each graph, by renaming them for instance?
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #9
  • Aug 23, 2012 10:02am Aug 23, 2012 10:02am
Quoting pip_seeker
[size=3]I don't use this particular EA as I am able to program EA's myself
So where can I find some of your EA's? You make me curious.
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #10
  • Aug 23, 2012 3:41pm Aug 23, 2012 3:41pm
Quoting pipsel
All right, I got it to work!

BUT, it takes really small profits, like 5 or 6 pips. Is there a way to change that?
Sure you can change the world if you want to... but it will require a little know how... maybe alot depends on what you know. There could be a setting with in the console of the EA but that depends on who programmed it.

Not all programmers code controls like that in... either lazy or they think "it's good enough".

Also you need the MQL file to make changes. The Ex4 file is the compiled version of the MQL file. If you have the MQL file you can open it in the compiler. Becareful that information will make you dangerous lol. AND don't think for one minute this mission will end in anything good... programming is nothing done fast. Even more so if you never had any programming class. But if you look at code every day... play with it and want to learn it... then go for it. I self taught myself Meta Trader 3 and eventually picked up MT4. [MT3 is no longer used BTW.]

Just to give you an idea MT3 had very little documentation... it's russian software ok and I'm not russian not even close lol. So alot of trial by error learning that softy. Let me tell I spent many, many nights trying to figure crap out... looking at other people's code... googling my hiney off etc. Not easy but it can be done if you put your mind to it.

Quoting pipsel
What code/language is the script?
MQL4 Meta Quotes Language 4 if you are using MT4 that is. It's like C++ or so I've been told. It looked like chicken scratch to me when I first started working with it, time heals all wounds... if not just pour some salt on it is what I always say...

Quoting pipsel
So, I understand now that I have to put in an order and the EA will take it from there is that correct? I like that idea a lot to be honest, makes trading so much easier. I need to be able to control the script.
It depends what is programmed into the EA... if it controls orders by magic number it may not be able to handle manual trades. Depends on how it was programmed.

Best to program your own, but it takes long time, testing, fixing bugs, changes, tweaks... and sometimes you scrap the whole thing and start over.

It's not easy to get there... yeah you need to learn what the script does and how to use it. Make sure you test any EA very well before you put it on a live account.

Quoting pipsel
Can you change EA for each graph, by renaming them for instance?
Not sure what you mean by each graph? You mean each price chart?

If you are trading the EA from the same account and you want to trade multiple pairs you should be able to just open another price chart for another pair and place the EA on it.... BUT again it depends on what functionality has been programmed in. If it's not coded to handle certain pairs then it may run into problems... no way to know until you try it. Check Journal and Expert tabs for any errors or problems.
  • #11
  • Last Post: Aug 23, 2012 3:52pm Aug 23, 2012 3:52pm
Quoting pipsel
So where can I find some of your EA's? You make me curious.
I don't distribute any of my EA's any more. Sorry, and I can tell you even if you got ahold of it... it would take you forever and a day to be able to operate it successfully.... provided you had the patience to deal with it.

For one it is well over 2000 lines of code last time I checked. This isn't bragging ego inflation or any of the such, but to tell you or give a mild example of what "might" be necessary to conquer this diabolical game.

It's not easy... and I often see things in charts and then go back and add tweaks and so on. It's a never ending process. But the benefit is not having to sit in front of the computer all day long.

Anything worthwhile comes from hard work and dedication. You have to want it even at the expense you may never get there.
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