Forex Risk Management
Placing the Forex Indicator into MT4
With a decompressor installed, right click on the file that you have downloaded from the Best Forex Robot toolkit web page, and click "Extract Here," as shown in Figure 4.
Figure 4: Decompressing a file
A folder titled "Indicators" will appear as seen Figure 5.
Figure 5: Indicators folder
Within that folder are two files, "CheckAccount.mq4" and "CloseAllTrade.mq4," as seen in Figure 6.
Figure 6: Indicator files
Copy "CheckAccount" into the indicators folder, as shown in Figure 7. This puts the "Check Account" risk management indicator into your indicators folder in Metatrader. Also copy "CloseAllTrade" into the scripts folder, as shown in Figure 8. Both the indicators and scripts folder are within the expert's folder.
Figure 7: Moving "CheckAccount" to indicators folder
Figure 8: Move "CloseAllTrade" to scripts folder
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