Forex Morning Trade System

3.2 Installing MetaTrader

If you already have an account, you should download MetaTrader software from your broker.

Alternatively, you can download MetaTrader from the page of its creator - MetaQuotes, at http://www.metaquotes.net/en/metatrader4/trading_terminal

by clicking the link Download MetaTrader 4 Terminal (5.5 Mb) on the very bottom.

After download, run mt4setup.exe. That will start the installation process and you should follow the instructions. You can simply go through by always clicking "Next" on every step.

If you need some help with installation, there is a good manual at Alpari UK website http://www.alpari.co.uk/en/trading_platforms/metatrader4/mt4_userguide/getting_started.html

Once you have installed MetaTrader, you'll need to install also the Forex Morning Trade template which contains all the indicators and the setup that this system uses, as well as system's additional indicators which are not included in the standard set of indicators.

I will show you how to install them in the next steps.

3.3 Installing the indicators

When you successfully installed MetaTrader, you can proceed to install the indicators. It is very simple, don't worry.

Both Momentum and CCI are standard indicators available in every MetaTrader, so you don't need to install them.

Forex Morning Trade System comes with one custom indicator - called FxMorningTrade. It is quite helpful indicator, as it shows us when we should trade and even what the stop loss and profit target levels are.

This indicator is available with this book (file FxMorningTrade.ex4). If for any reason you don't have this indicator, please contact me on the support email.

Before doing anything, shut down MetaTrader. The indicator file (FxMorningTrade.ex4) has to be copied to the directory /experts/indicators of your installed MetaTrader software, for example: C:/Program Files/MetaTrader4/experts/indicators.

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