Verified Support
Dec 22, 2020
Olymp Trade Customer Care's response Hello, dear Anuj Bhattar!
Thank you for contacting us. It is great that you appreciate a vast range of opportunities for the personal work of traders. We are glad to know that you use all the instruments and informational resources to conduct a detailed market analysis.
We understand your desire to save time and let off the control to earn money passively. But we do not allow using automated trading on the Olymp Trade Forex and FTT. There is always a risk of potential technology failures, which brings the necessity to monitor any automated system by a professional trader with comprehensive knowledge and extensive trading experience.
However, you can use Expert Advisors on the Olymp Trade MetaTrader 4. To use the trade Advisor in an MT4 terminal, you will need to download and unzip your Advisor.
1. To install it, open the trading terminal, hover over to “File” and choose the “Open data catalog” directory. In the window that emerges, open the “MQL4” folder, and then the “Experts” folder.
2. Then, open the advisor where you downloaded it, and then drag its contents to the “Experts” folder in your trade terminal.
3. Relaunch the trading terminal. Afterward, in the upper bar, click on the “View” icon and select the “Navigator” folder.
4. In the left-hand tab, click on the plus symbol next to the “Expert Advisors” item. A list of advisors will appear, including the one that you have loaded. Drag it on to the chart using the mouse. In the window that pops up, select the settings for the Advisor.
After all these steps, the EA should be successfully installed and ready. Please, do ask questions if they occur.
Best regards, Olymp Trade team.
Thank you for reaching out. We are glad that you are pleased with the trading conditions of the Olymp Trade platform. It is wonderful that you have discovered the broad scale of possibilities that the market provides. We are also happy to know that the availability of a demo account and informative educational materials helps you to act elaborately and safely.
We strive to encourage our traders to grow and improve their trading skills, which is why we provide bonuses regardless of the level of involvement in the market. We believe that bonuses help our traders to achieve their goals faster and trade more effectively. Our Status System provides traders with an opportunity to upgrade the account level, which allows big market participants to achieve additional privileges. For example, Expert Status can get risk-free trades for Fixed Time Trades mode and up to 20% discount on the position opening fee in the Forex mode.
Best regards, Olymp Trade team.