Chương 1 RFX BOT TRADING INSTALLATION GUIDE
Comprehensive Step-by-Step Manual Guide on Adding and Running The RFX Revolution Trading Bot on MT4/MT5 Platforms
Part 1: Adding and Running a Bot on MetaTrader 4 (MT4)
Step 1: Locate the Bot File
Ensure you have the bot file in the .mq4 format. If it’s zipped, extract the file to access it.
Step 2: Open MT4 Platform
1. Launch the MetaTrader 4 platform.
2. Log in to your demo or live trading account.
Step 3: Access the Data Folder
1. On the MT4 toolbar, go to File > Open Data Folder.
%1. A new window will open. Navigate to the MQL4 folder.
%1. Open the Experts folder within MQL4.
Step 4: Add the Bot File
1. Copy the .mq4 bot file.” RFX REVOLUTION BOT”
2. Paste it into the Experts folder.
Step 5: Compile the Bot
1. Close the Data Folder window.
2. Return to MT4 and press F4 to open the MetaEditor.
3. In the MetaEditor, find your bot under the Experts section.
4. Open the bot file and click the Compile button (or press F7).
o If there are no errors, the compilation will succeed.
Step 6: Attach the Bot to a Chart
1. Go back to the MT4 platform.
2. In the Navigator panel (press Ctrl + N to open it), expand the Expert Advisors section.
3. Locate your bot and drag it onto a chart of your choice (e.g., EUR/USD, GBP/USD, USD/JPY, AUD/USD, USDCAD, USDCHF).
Step 7: Configure Bot Settings
1. A dialog box will appear. Go to the Inputs tab to adjust the bot’s parameters:
o Lot size
o Stop loss
o Take profit, etc. (Not recommended due to devs risk management policy)
2. Check the Common tab and ensure:
o "Allow live trading" is enabled.
o "Allow DLL imports" is enabled (if required by the bot).
Step 8: Enable Automated Trading
1. Ensure the AutoTrading button on the MT4 toolbar is green (enabled).
2. The bot will now start monitoring the market and executing trades based on its logic.
Step 9: Monitor Performance
1. Check the Experts and Journal tabs (press Ctrl + T) for bot activity and logs.
2. Monitor trades on the chart and in the Trade tab.
Part 2: Adding and Running a Bot on MetaTrader 5 (MT5)
Step 1: Locate the Bot File
Ensure you have the bot file in the .mq5 format. If it’s zipped, extract the file to access it.
Step 2: Open MT5 Platform
1. Launch the MetaTrader 5 platform.
2. Log in to your demo or live trading account.
Step 3: Access the Data Folder
1. On the MT5 toolbar, go to File > Open Data Folder.
2. A new window will open. Navigate to the MQL5 folder.
3. Open the Experts folder within MQL5.
Step 4: Add the Bot File
1. Copy the .mq5 bot file.
2. Paste it into the Experts folder.
Step 5: Compile the Bot
1. Close the Data Folder window.
2. Return to MT5 and press F4 to open the MetaEditor.
3. In the MetaEditor, find your bot under the Experts section.
4. Open the bot file and click the Compile button (or press F7).
o If there are no errors, the compilation will succeed.
Step 6: Attach the Bot to a Chart
1. Go back to the MT5 platform.
2. In the Navigator panel (press Ctrl + N to open it), expand the Expert Advisors section.
3. Locate your bot and drag it onto a chart of your choice (e.g., EUR/USD, GBP/USD).
Step 7: Configure Bot Settings
1. A dialog box will appear. Go to the Inputs tab to adjust the bot’s parameters:
o Lot size
o Stop loss
o Take profit, etc.
2. Check the Common tab and ensure:
o "Allow live trading" is enabled.
o "Allow algorithmic trading" is enabled.
Step 8: Enable Automated Trading
1. Ensure the Algo Trading button on the MT5 toolbar is green (enabled).
2. The bot will now start monitoring the market and executing trades based on its logic.
Step 9: Monitor Performance
1. Check the Experts and Journal tabs (press Ctrl + T) for bot activity and logs.
2. Monitor trades on the chart and in the Trade tab.
General Best Practices for Both MT4 and MT5
1. Demo Testing First: Always test the bot on a demo account before live trading.
2. Monitor Regularly: Check the bot’s performance to ensure it’s trading as expected.
3. Adjust Parameters: Fine-tune settings like lot size and risk management based on preference.
4. Understand Risks: Automated trading involves risk. Ensure your account has sufficient margin and risk controls.
Your trading bot is now set up and ready to trade on either MT4 or MT5. Good luck and happy trading!
Disclaimer: The RFX REVOLUTION bot is designed to help you trade with confidence, with a proven 80% winning rate over a 1-year period. However, as with any trading activity, there are risks involved. We've built robust risk management features into the bot to help minimize losses, and we encourage you to carefully consider your financial situation and risk tolerance before trading. By using the bot, you can take advantage of its potential to generate profits while also being mindful of the potential risks.
If you encounter any issues, revisit this guide or seek assistance via RFX whatsapp support line:+234 816 362 3212. Email: bot.rfx@gmail.com
