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If you have chosen to install an indicator you will have to go inside the MQL4 >> Indicators folder. If you’re trying to install an expert advisor, you will have to go inside another special location the MQL4 >> Experts folder and copy / paste your EA file into the adequate folder.
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It needs to be green. Once you make sure that the auto trading button is on, you can drag one of the EAs from your navigator windows onto your price chart on MT4. Expert Advisors are trading algorithms designed for MT4 and MT5. EA are made to trade alone once installed on Meta Trader Platform. Simply said EA is trading Robot for Meta Trader.
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