Description
The “Bonnitta EA” for MT4 (MetaTrader 4) is likely a custom Expert Advisor (EA), designed to automate trading strategies. In MetaTrader 4, Expert Advisors allow for algorithmic trading, meaning trades are executed automatically based on predefined rules or presets.
If you’re looking for the Bonnitta EA with a preset, it usually refers to a pre-configured set of parameters that you can use for the EA to execute trades based on those settings.
Here are the steps to use an EA with a preset in MetaTrader 4:
1. Download the EA and Preset Files
- Expert Advisor File (Bonnitta EA): This is usually an
.ex4
file, which contains the algorithm. - Preset File: Presets often come as
.set
files and contain predefined parameters, such as stop-loss levels, take-profit levels, lot sizes, etc.
2. Install the EA in MetaTrader 4
- Open MetaTrader 4.
- In the Navigator panel, right-click on Expert Advisors and click on Open Folder.
- Copy the
Bonnitta EA.ex4
file into the Experts folder in the opened directory. - If you have a preset file (
.set
), you may need to copy it into the Presets folder inside the MetaTrader directory.
3. Load the EA on a Chart
- After placing the EA in the correct folder, restart MetaTrader 4.
- In the Navigator window, under Expert Advisors, you should see the Bonnitta EA listed.
- Drag the EA onto your chart.
4. Apply the Preset
- After dragging the EA onto your chart, the Expert Advisor settings window will appear.
- Click the Load button on the settings window to browse for the
.set
preset file. - Select the appropriate preset file and apply it.
5. Enable Auto-Trading
- Make sure the AutoTrading button at the top of the MetaTrader 4 window is activated (green).
- Ensure that the Allow Live Trading checkbox is enabled in the Expert Advisor settings window.
- Click OK to confirm the settings.
6. Monitor the EA
- The EA will now automatically start trading according to the preset configurations.
- You can monitor the trades from the Terminal window and adjust settings if necessary.
Additional Considerations:
- Ensure you backtest the EA with the preset on a demo account first to confirm its functionality and risk management before using real money.
- Be aware of any broker limitations or restrictions that might impact the performance of the EA.
If you don’t have the specific EA or preset files, you might need to search for them online or purchase them from a reputable source. Let me know if you’d like help with other details or have any further questions!
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