FX AlgoTrader Indicator and EA Installation Guide.
(Google - Chrome)

Please Note: The installation guide is generic. The installation process is exactly the same for all FX AlgoTrader products so please do not be put off if the product referred to in the guide does not match the product you are trying to install.

(Update: Click for Video of installation process)

Step 1. CLOSE METATRADER

Step 2. Double click the Setup.exe icon on the download page. Note the data sheets on the right.

Step 3. You’ll see a pop up warning box. Click “Save”

You'll now see a program icon in the bottom left hand corner of the screen. Click on it to launch the installer

Step 4. The installer welcome screen will load confirming the name of the indicator or EA you are installing.

Step 5. This is the most important step of the installation – you MUST tell the installer where the MT4 installation is on your computer. It’s always in your ‘Program Files’ folder which is directly under your main hard drive letter eg C:\Program Files.   The name of your Metatrader installation folder will depend on which broker you use.Eg. ODL Securities install Metatrader in a folder called “ODL Metatrader 4” and it’s path is c:\Program Files\ODL Metatrader 4. If you use Alpari look for a folder called "Alpari - US or UK- Metatrader 4" in the Program Files folder. Most FX brokers prefix the Metatrader installation with their name so start by looking for your broker's name if you're not sure . For an alternative way to find your MT4 path information please see Appendix A

Step 6. Click “Browse” and navigate to your Metatrader folder. Tip – find your ‘Program Files’ folder first and then click on the icon next to ‘Program Files’. This will open up all the sub folders and files in your ‘Program Files’ folder.

Step 7. Find your MT4 folder, click on it and click OK.

Step 8. Check the path data is the top folder for your MT4 installation. If the path has /indicators or /expert advisors on the end. Delete it and only leave the top level folder. Then click “Next”

Step 9. The installer will ask you if you want to install in your MT4 folder – click “Yes”

Step 10. The 'Ready to Install' screen is displayed. Click “Install”

Step 11. Click “Finish” to complete installation. The installer will auto load Metatrader with the indicators or EAs auto loaded on a EURUSD hourly chart using the default FX Algotrader template.

Appendix A. File Path Identification Method

An alternative way to find the path information for your MT4 program is to right click on the desktop icon as shown in the screenshot below

Then click properties

Now Right click in the target box and copy the path.

Then paste it into the installer (press CTRL + V) and remove the "terminal.exe" string from the end. (Terminal.exe is the main executable file for MT4)