How to set up automated trading (EA) with XM

In this article.XMThis section explains how to set up automated trading (EA) with

How to set up automated trading (EA) with XM

Double-click the MT4 icon to launch it.

Double-click the MT4 icon in the programme list to start it.

Select [File] and click in the order [Open data folder].

Select File on the top menu bar of MT4 and click on Open Data Folder, in that order.

Select MQL4.

Select MQL4.

Select Experts.

Select MQL4 and then select Experts.

EA files in Experts.

Go with [ex.4 file or mql file] in Experts.

Once here, [restart] or [update] your MT4.

[Select View, then Navigator.]

Once restarted, select View and click on Navigator.

[Click on 'Navigator' and check the 'Expert Advisor' field.

[Click on 'Navigator' and check the 'Expert Advisor' field.

If the EA you want to use is displayed, the EA installation is complete.

[Select Tools and click Options.

[Select Tools and click Options.

Setting up an expert adviser.

Open the Expert Advisor tab and tick four places.

Check the four places and click [ok].

Click on the [Automated trading] icon at the top of MT4.

Click on the [Automated trading] icon at the top of MT4.

 

As shown in the image below, the EA is ready to operate if a green arrow appears in the automated trading section.

This completes the setup of the automated trading (EA) with XM.

Can XM's automated trading (EA) really win?

There are many people making money running EAs with XM. So, if we say whether you can win or not, you can definitely consider that you can win.

Twitter reviews of actual XM EA traders.

Trade results for the week
Discretionary +114,434
Ambition system + ¥26,983.
Atomic system alpha + ¥27,033.

This week, automated trading earnings were 13.51 TP4T per month.

I am still operating at XM. The reason why I am not subject to regulation is because I trade discretionary on an automated trading account? I think so.# Ambition system# Atomic System alpha. pic.twitter.com/yc0H3KN9tf

- Shojibass (@shojibass) July 14, 2019

Since the beginning of March, EAs (automated forex trading) have been tested on demo accounts...

22,987 positive from a margin start of 100,000 yen... approx monthly interest rate of 20%...

By the way, with free distribution to... because of...
It's a XM affiliate, so I think it's healthier than the hype...

This has been a turbulent month with the FOMC and our departure from the EU... but this is a great result if you leave it completely alone... pic.twitter.com/VEg06qHf2f

- Kaiji @Kaiji@specializes in aiming for a big turnaround, God of the markets... bless me..! (@tsukatsukabox) March 30, 2019

https://twitter.com/piyo_trader/status/1040184279311953921?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1040184279311953921%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffinalcashback.com%2Freview%2Fxm-auto%2F

The fact is that discretionary trading can make a lot more money.

However, it is important to always keep an eye on the charts and not neglect chart analysis. Even with automated trading, it is difficult to win by leaving it completely alone.

summary

This article explains how to set up an automated trading (EA) system with XM.