How to Install RSI Robot

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Arleen Green
5 years ago
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1 How to Install RSI Robot by Frank Breinling Attaching the EA (Expert Advisor) To attach an EA to a chart use the following steps. - First you need to copy the rsi_robot_7.ex4 file to the Expert folder of your Metatrader 4 installation. Windows>Program Files>Metatrader4>MQL4>Experts 1 von 8

2 the property settings (rsi_robot_7_h4_eurusd.set, rsi_robot_7_m5_audusd.set etc.) you copy to the Presets folder Now restart MT4 - In MT4 (Metatrader 4) open a chart and choose your timeframe - Make sure that the Navigation window is open. The default location of this window is below the Market Watch window on the left side of the MT4 terminal (Figure 4). If the Navigation window is not open either press Ctrl+N or from the View menu select Navigation. 2 von 8

- From the list drag-and-drop the EA to the chart - On

3 - In the Navigator window click the + sign next to Expert Advisors. The list of current EAs appear in the window. - From the list drag-and-drop the EA to the chart - On the Common tab select the checkboxes as showed below 3 von 8

4 - On the same dialog box select Inputs tab to adjust settings. You can load the set file i.e. rsi_robot_7_h4_eurusd.set - Click OK. A smiley (happy face appears on the upper right corner of the chart indicating that the EA is running and ready to take action. 4 von 8

Comments in the upper left corner must be showing when the EA is setup correct! - You may see an x sign instead of the happy face. This means that all EA s are deactivated.

5 Comments in the upper left corner must be showing when the EA is setup correct! - You may see an x sign instead of the happy face. This means that all EA s are deactivated. In this case go the Standard toolbar and press the icon Expert Advisors - If instead of the happy face you see a sad face it means that the EA is not allowed to trade live. 5 von 8

6 Note: Some brokers disable EAs by default. You need to contact your broker and ask them to activate EAs for you. Now your ready to trade. Good Luck. 6 von 8

7 The forex market is open 24 hours from Monday to Friday. You ll have to leave your computer running to not miss a trade. I recommend to rent a VPS (Virtual Private Server) A virtual private server is a very special server that is housed on the same computer along with other virtual private services, i.e., virtual. Even though they are all on the same computer, they can perform and operate quite independently from each other. With a VPS, you may install the operating system of your choice, have the ability to reboot and have complete and full control over the VPS, as if it were just a program on your computer. A VPS has its own dedicated power supply, allows flexibility, convenience and stability. You are given a certain amount of RAM, space and transfer allowance each month. What s not to love? So What Has VPS Got To Do With Forex? There are some excellent benefits in using VPS for trading instead of trading directly from your own computer: Trade Anywhere Any Time: Unless you have a laptop, let s face it, you have got to deal with trading where ever your computer is located. Possibly you just are not interested in mobile devices or maybe your broker doesn t support mobile trading. Some brokers do not have an online trading platform but does require a download. So, if you have a VPS, you may connect to your platform from literally anywhere. As long as you have a network connection, just log onto your VPS and make trades from anywhere your hotel room or even an internet cafe. Power s Down Now What? If you use automation for trading, you can keep trading even when your power goes down. As long as your automated system performs well without constant monitoring, you will continue to make money until you can get back on line when power is restored. Any Time Of Day: OK, so you do not have to be at a particular location, your system can execute trades when you are away or your computer is off. Now you know the system will continue to trade even when you are asleep! The Best Security Anywhere: VPS systems are offered by the very best companies in the world and have the very best security in the world! VPS servers are regularly checked to make sure all operations are functioning properly. 7 von 8

8 The majority of these companies guarantee a 99.9% up and running time. You will constantly revive anti- virus and other valuable tools to keep your system from ever becoming vulnerable. A Great Deal Less Slippage: Even if you personally prefer to place all your trading entries manually, your VPS will benefit your activities. A VPS can carryout your trades faster than your computer because its transmission of orders is so much faster. You will experience less delays and a great deal less slippage. As I m sure you know, slippage can cost a great deal of money, this is the best way to reduce losses and any unpredictable occurrences. Deciding To Go With VPS: These systems can be rather expensive services even if you only need the very basics such as minimum disk space, so do a little homework first. Look for companies that offer good RAM and adequate transfer allowances. Read up on reviews given toward various companies, find the best hosting and get in touch with customer service to get further information. Ask how many system resources you would actually need before making any purchases from a company. As this is a monthly payment plan, why spend more than you really have to? Not everyone will benefit from a VPS, some will benefit a great deal while others will experience limited benefits including limited slippage. Ask yourself, if you depend on automated trading, have limited resources for placing trades, such as download software or mobile devices, If you answer yes to these circumstances, VPS could possibly be a good choice for you. Mean Lion is a reliable web host for virtual private servers. Note: For operating system choose Windows NOT Linux! 8 von 8

Smart Trader Setup (v.2)

Smart Trader Setup (v.2) 1) Download: the MT4 trading platform(s) and the Smart Trader EA and save them to your desktop. 2) Setup: Double click on the gfx_mt4 icon (or FXDD), and click Run Choose installation