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MT4 Education

MetaTrader 4 is an industry leading trading platform with superior charting, automation, and order execution capabilities. Download MetaTrader 4 and get started.

MetaTrader Tutorial Videos

- Overview of MetaTrader

- Chart Analysis

- Placing Orders
  in MetaTrader 4

- How to Load a Trading
  Robot into MT4

Forex Basics

Download Metatrader 4

Forex Basics

Introduction to Metatrader 4

Forex Basics

Chart Analysis

- Opening a Chart

- Chart Types

- Loading an Indicator

Forex Basics

Placing Orders using MT4

- Opening a Position

- Closing a Position

Forex Basics

How to load an EA

- Downloading an EA

- Loading the EA onto the
  MetaTrader 4 platform

- Applying the EA to Your
  Trading

- Loading Multiple EAs
  onto MetaTrader 4

Forex Basics

How to Pick an Expert Advisor

- The Cold Hard Statistics
  - Part 1

- The Cold Hard Statistics
  - Part 2

- An Emotional Standpoint

- The Importance of
  Risk Management

How to load an EA

Loading Multiple EAs onto MetaTrader 4

It is also possible to load a second Expert Advisor onto another chart. You can have several robots trading on different currency pairs, or even the same currency pair; as long as you follow these procedures.

Now that you have followed the previous instructions for loading an EA onto a chart you should have a single EA running on a single chart. To load a second EA you must first open a second chart window. It is important to note here that you cannot run multiple EAs on the same chart.

Opening a second chart can be done by clicking on the currency pair that you are interested in and dragging it onto the chart window. You should now see at the bottom of the chart window two tabs indicating the two currency pairs you have selected to view. See below for a visual representation of this.

To view both of these charts at the same time simply minimize each one and size them to fit within the chart window. Below is an example of this.

Since the first EA should be running on your original chart (as discussed previously), all you have to do now is load on the second EA. To do this simply click the EA in the Navigator window and drag it onto the new chart. This should be done the same way you loaded the first trading robot.

A pop menu will now show up on your screen. Under the common tab make sure to select “Allow live trading.” Once this is complete click the inputs tab to view the different inputs pertaining to your EA.

Make sure that the inputs are all in accordance with what the EA developer has recommended for optimal performance.

It is important to note here that each EA has a Magic Number, which can be found in the input section under the term “MAGICNUM”. Make sure that the Magic Number for each of the EAs are different from one another or else the trading robots will not trade appropriately. By simply clicking in the magic number field you will be able to override the number that is currently there.

Once you have placed your EA on the chart and verified that the inputs are all correct click “OK”. You’ll now see the name of the EA and a in the top right corner of the chart window. If you see a it means that you have not put the inputs in correctly, which can be fixed by clicking on the .

You should now have multiple EAs running on different charts. You can follow this procedure to load as many EAs onto as many charts as you would like.

Your multiple EAs are now set up!

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