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Installation Steps For EA VIP

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Installation steps for Expert Advisor

Installation steps for Expert Advisor 1


Forex platform 1
MetaTrader installation steps 1
Open a Demo Account 1
Open a Live Account 1
Connecting to your broker 1
Forex broker 2
VPS (virtual private server) 2
EA installation (trading robot) 2
EA backtesting 3
Support 3

Forex platform
The first thing to do is to install a Forex platform called MetaTrader. The latest supported version is 5, although
version 4 can work as well. If you already have a Forex broker account, download it from their official website.
Otherwise go to www.metatrader5.com and download it from there. If you are planning to use VPS (virtual
private server), then you should do all these steps on that remote server.

MetaTrader installation steps


1. Run downloaded installer file (e.g. mt5setup.exe).
2. Follow wizard installation steps.
3. After installation is done, the platform should run automatically.
For help with installation, please follow this link: MetaTrader 5 Help - Platform Installation.

Open a Demo Account


If you do not have any broker’s account yet, you can create a new demo (testing) account in the trading
platform. To do that manually, click "Open an Account" in the File menu or in the context menu of the Navigator
window. Fill out the details and you should be given Login, Password (master and investor), Server and other
account details (save the account details in a safe place).
Alternatively go to your Forex broker website and create the account from there.
For more details, click on the following page: Demo Account Opening.

Open a Live Account


Opening a live account is a similar process to demo account. You can try to create a real account from the
trading platform. Alternatively, a better way, is to create it on your Forex broker’s website.
For more details, please follow: Live Account Opening steps.

Connecting to your broker


Once you have a broker account, you can connect to it within the platform by typing your Login, Password and
Server.
For more details, please follow this link: Connect to an Account.
Forex broker
In order to start trading, you need to open an account with a Forex broker. Make sure they support the
MetaTrader platform (either 4 or 5). If you do not have it yet, find one which is popular in your country and go to
their website, then create a new account.
If you are not sure which one to use, check the following review page: Best MetaTrader Brokers 2021.
When deciding you should look for low trading spreads or low commission fees.

VPS (virtual private server)


A virtual private server (VPS) is recommended when you want to run a trading robot for 24 hours and 5 days a
week. Otherwise when you shutdown your personal computer or laptop with the platform installed, or in case of
any connectivity issues, opening new trading orders is going to stop. Here are brief steps how to set it up:
1. Create a new VPS with your hosting provider (a Windows-based operating system is recommended).
2. Login to your remote server (via RDP or VNC).
3. Download and install MetaTrader platform.
4. Connect the platform to your existing Forex broker account (Login, Password and Server).
5. Download EA trading robot and place it under the Expert Advisor folder.
6. Next follow EA installation steps below.
For more details, search for: How to Setup VPS.

EA installation (trading robot)


Please follow below steps in order to install a trading robot within your installed MT (MetaTrader) platform:
1. Download the files from the Marketplace (links should be sent via e-mail).
a. For MetaTrader 4, download and use only files with .ex4 extensions in the filename.
b. For MetaTrader 5, download and use only files with .ex5 extensions in the filename.
2. Copy EA’s main file to Experts folder within your platform (detailed steps below).
a. In MT platform, click “Open Data Folder” from the “File” (top menu).
b. Using File Explorer, navigate to MQL4 or MQL5, then Experts folder.
c. Copy or move EA31337-VIP .ex4/5 file in that Experts folder.
d. In the platform Navigator’s toolbar, you should see a new EA.
3. Copy EA’s library files to Libraries folder within your platform (detailed steps below).
a. In MT platform, click “Open Data Folder” from the “File” (top menu).
b. Using File Explorer, navigate to MQL4 or MQL5, then Libraries folder.
c. Copy or move all Stg...data... .ex4/5 files in that Libraries folder.
4. Connect to your broker (if you are not already yet).
5. Enable AutoTrading.
a. AutoTrading can be enabled from the top toolbar or by hitting the Control-E shortcut.
6. Open a new Forex chart (e.g. File, New Chart, EURUSD).
7. From the platform's Navigator’s toolbar drag and drop EA file onto the newly created chart.
a. Inputs tab: Adjust EA’s Inputs parameters (make sure to update your EA License).
b. Common tab: In MT5, make sure that Allow Algo Trading is enabled.
8. After successful installation, you should comments and a new icon in the right top corner of the chart.
EA backtesting
To backtest robot using historical data, please follow the steps below:
1. Open Strategy Tester from the View top menu.
2. Select Expert Advisor which you want to test, then adjust the parameters (such as dates and spread).
a. In MetaTrader 4, go to Tools and History Center to download new historical data before a test.
b. In MetaTrader 5, historical data should be automatically downloaded from your broker server.

Support
If you need any help, use the following platforms:
- GitHub: https://github.com/EA31337/Support/issues
- Telegram discussion group: https://t.me/EA31337
- Or via Marketplace e-mail.

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