AlgoTP installation guide for MT4

12 June 2023
7 min read

Welcome to the installation guide for AlgoTP. We are thrilled to see you get into the future of AI-driven trading. Our step-by-step guide will make the installation process as simple and smooth as possible. Let's get started!

1. Get Your MT4 Platform Ready

If you already have the MT4 platform installed, great! Just open it up. Otherwise, you can download and create an account with one of our regulated brokers:

2. Close All Charts

Before proceeding, make sure all charts in your MT4 platform are closed. 

3. Select AUDNZD Instruments 

On your MT4 platform, locate the “Market Watch” and perform a right-click action. In the opened drop-down menu, select “Symbols.” A new window will pop up and provide the list of available options. Choose "AUDNZD”.

4. Open the Chart Window

Right-click on the instrument and choose "Chart Window" from the drop-down menu. Alternatively, drag the instrument directly to the charts area.

5. Set Your Time Frame 

Locate the time frame options above the chart window. To set the time frame, click, for example, on “M15." It will set the duration to 15 minutes. To change the time frame, just click on the different option.

6. Download AlgoTP

Go back to your email and find the AlgoTP file we sent you. Download the file to your computer.

7. Load AlgoTP to MT4

Сlick on the “File” tab in the toolbar and select the “Open Data” folder from the drop-down menu. In the unfolded window, open the “MQL4” folder and choose the “Expert' file.

Next, copy the “AlgoTP” file into this folder. After successfully copying the file, restart your MT4 account to ensure the changes are applied and AlgoTP is fully integrated.

8. Activate AlgoTP

Drag and drop the AlgoTP file onto your chart to activate it.

9. Allow Algo Trading

A pop-up box will appear. Click 'OK”

10. Check Algo Trading Indicator

To verify the status of the Algo Trading indicator, click on the Algo Trading indicator on the toolbar at the upper section of your MT4 platform. It will be green if AlgoTP is operational and prepared for use. However, the indicator should be red if you utilize a Virtual Private Server (VPS).

Essential Guidelines

To ensure the optimal use of our service, please mind the following guidelines:

  1. Always-On PC: For the best experience, we recommend keeping your PC turned on 24/7.
  2. Reliable Internet Connection: A stable and robust internet connection is necessary for seamless performance.
  3. Virtual Private Server (VPS) Option:  Remember, a VPS can make automated trading more reliable and improve performance. The use of VPS is highly recommended. 

Not sure how to rent a VPS? We've got you covered! Just watch the video tutorial on VPS rental here.

If you encounter any issues or have additional questions, don't hesitate to contact our dedicated support team at We're here to help you!


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