The main and indisputable advantage of Forex Expert Advisors or robots is the ability to control the situation in the marketplace 24 hours a day.

Expert Advisors are a cross functional tool for working on the Forex market for a beginner as well as for a professional.

Using an advisor, you no longer need to doubt: whether you made the right decision or whether you chose the right strategy.

A robot solves all these issues. In addition, watching the calm and methodical work of an advisor, you can master your trading skills.

Learn the details on how to install an Expert Advisor below:

1. Download an Expert Advisor that you want to install in any folder. In this case, it is the EA eRSI. In the Downloads folder, you will see the file eRSI.ex4. This is the Advisor. You can also download an Advisor from the Exness website.

2. Go to the MetaTrader 4 platform to the menu “File” — “Open Data Folder”

3. Go to the folder “MQL4”

4. Copy the Advisor file to the folder “Experts”

5. When all the files are copied, you are at no fail required to restart the platform.

An Advisor should appear in the list of advisors in the “Navigator” sector.

6. In the menu of the platform, go to “Tools” — “Options”

7. Select the tab “Expert Advisors” and tick all the box, as shown below.

8. In the “Market Watch” panel, select the currency pair you are interested in (for example, the pair EUR/USD).

Next, click on it with the right mouse button and select “Chart Window”

9. When the chart of the currency pair is opened (that you chose), drag an Advisor from the window “Navigator” with the left mouse button on the chart.