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Some benefits that many traders point out about the Metatrader platform are

lab4word

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Automating trades using scripts and expert advisors (EAs) on the MetaTrader 4 (MT4) platform can be done using the built-in MetaEditor. Here is a basic overview of how to create and use scripts and EAs on the MT4 platform:

  1. Open the MetaTrader 4 platform and click on the "File" menu. Select "Open Data Folder" to open the folder where your EAs and scripts are stored.
  2. In the "MQL4" folder, create a new folder named "Experts" to store your EAs, or "Scripts" to store your scripts.
  3. Open the MetaEditor by clicking on "View" and then "MetaEditor" from the top menu bar, or by pressing the F4 key.
  4. In the MetaEditor, you can create a new script or EA by clicking on "File" and then "New" from the top menu bar, or by pressing the Ctrl+N key.
  5. Choose the type of code you want to create: "MQL4 Expert Advisor" for EAs or "MQL4 Script" for scripts.
  6. Write the code for your script or EA using the MetaQuotes language 4 (MQL4). You can also use examples and templates provided by the MetaEditor as a starting point.
  7. Once you have finished writing your code, click on "File" and then "Save" from the top menu bar, or press the Ctrl+S key, to save it to the appropriate folder.
  8. Close the MetaEditor and open the Navigator window on the MT4 platform by clicking on "View" and then "Navigator" from the top menu bar, or by pressing the Ctrl+N key.
  9. Select "Experts" or "Scripts" in the Navigator window to find your newly created script or EA.
  10. Drag and drop your EA or Script onto a chart to start running them
 

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