Secrets of MetaTrader Lesson 3: Installing Indicators

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This is lesson 3 in a series of video tutorials dedicated to the metatrader 4 forex trading platform. In this series we explore the less commonly known features of the platform, and teach various tricks and tips to make your life as a trader easier. This particular video discusses the process of installing new indicators by hand into metatrader 4, without having to search for the correct installation folder. This is a very handy technique for people who have more than one installation of metatrader 4 (ie: with different brokers). See more FX Instructor videos and articles at www.fxinstructor.com.

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10 Responses to “Secrets of MetaTrader Lesson 3: Installing Indicators”

  1. sharp24579 says:

    Thanks again, you understood me right

  2. FXInstructor says:

    Hi Batty, you don’t “open” an EX4 file. You shouldn’t need to double-click on it ever. All you need to do is put it into your MT4′s ExpertsIndicators folder. So if you installed MT4 inside C:Program FilesMetaTrader 4, just dump all your indicator EX4 files into C:Program FilesMetaTrader 4ExpertsIndicators and restart the platform. Indicators are accessible via Insert -> Indicators -> Custom menu, or from the Navigator’s Custom Indicators list.

  3. FXInstructor says:

    Sorry, not entirely clear about your question:

    If you mean installing MT4 from 2 different brokers so you have 2 separate installs, 1 from each broker – that’s definitely doable. Just install them normally, making sure they don’t overwrite each other (different installation paths).

    If you mean installing MT4 TWICE from 2 brokers (as in 2 x 2 = 4 installations total), make sure you pick different paths for each. One problem though is that the shortcut icons would probably get overwritten.

  4. sharp24579 says:

    Thanks for the answer,
    Is it possible to upload twice the MT4 software from 2 different brokers in parallel…?

  5. batty8100 says:

    how do you open an .ex4 file

  6. FXInstructor says:

    Because many brokers support MT4 (and their versions of MT4 usually have different names), it doesn’t really care if other instances are installed, as long a you install them all in different folders (ie: one for each broker).

  7. sharp24579 says:

    How is it possible to have 4 different installations…?

  8. tuantheland says:

    great, thank much for the post

  9. warlowl says:

    how do you get 4?

  10. 7pasos says:

    Great video colection, great job

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