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Algorithmic Integration (EAs)

An Expert Advisor is algorithmic software written in MQL4 or MQL5 that attaches to your platform to monitor the markets and execute trades automatically based on your programmed parameters.
Open MetaTrader, go to 'File', and select 'Open Data Folder'. Open the 'MQL4' (or 'MQL5') folder, then open the 'Experts' folder. Paste your compiled EA file (.ex4 or .ex5) into this folder. Restart the platform. The EA will now appear in your 'Navigator' panel.
Ensure the target chart is open and set to your desired timeframe. Drag and drop the EA from the 'Navigator' window onto the chart. Configure your risk parameters in the pop-⁠up window and click 'OK'.
This indicates the EA does not have permission to execute orders. Click the 'Auto Trading' button on the top toolbar so it shows a green play icon. Press Ctrl+O, go to the 'Expert Advisors' tab, and check 'Allow Automated Trading'. Right-⁠click the chart running the EA, select 'Properties', and ensure 'Allow Live Trading' is checked.