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Matrix Arrow EA MT4/5 Installation Guide

Matrix Arrow EA MT4/5 Installation Guide

✔️ Matrix Arrow Signal®: https://www.mql5.com/en/signals/1151924

✔️ Matrix Arrow EA MT4©: https://www.mql5.com/en/market/product/70812

✔️ Matrix Arrow EA MT5©: https://www.mql5.com/en/market/product/70813

* WARNING: If you want to trade the Matrix Arrow signals with your Matrix Arrow EA, you must purchase the Matrix Arrow Indicator separately! Otherwise the Matrix Arrow EA will work as a manual trade panel only!


✔️ Buy now the Matrix Arrow Indicator MT4: https://www.mql5.com/en/market/product/69726

✔️ Buy now the Matrix Arrow Indicator MT5: https://www.mql5.com/en/market/product/69725

In order to buy Matrix Arrow EA MT4/5 from MQL5.com Market you need to have a MQL5 community account. If you don’t have one, you can register here: https://www.mql5.com/en/auth_register

1. First make sure that you have the necessary funds required for your purchase in your MQL5 account, it’s always easier to pay with your MQL5 balance, than using a credit card during the buying procedure.

2. Find Matrix Arrow EA MT4/5 in the MQL5.com website and open its product page.

3. Click the Buy or Rent button to continue with your purchase.

Matrix Arrow EA MT4/5 Installation Guide

4. Choose the payment method and click the green Next button to continue with your payment.

Matrix Arrow EA MT4/5 Installation Guide

5. After your payment is completed, you will need to open your MT4/5 terminal in order to download and install your Matrix Arrow EA MT4/5.

6. When you open your MT4/5 terminal, you must make sure that you are logged into your MQL5 account with your MQL5 account login and NOT with your email, facebook or any other. For example my login is the last part of my profile url, in my case: eleanna74, the last part of: https://www.mql5.com/en/users/eleanna74 

7. So, open the MT4/5 >> Tools >> Options >> Community tab and make sure you are logged in with your MQL5 account login.

Matrix Arrow EA MT4/5 Installation Guide

8. Then go down in the Terminal window and click the Market tab (in the bottom right side of the Toolbox window in MT5). On the left side of the Market tab (upper side on the Market window in MT5), click the Purchased option and then click the blue Install button on the right side of the product you’ve just purchased.

Matrix Arrow EA MT4/5 Installation Guide

9. If you want to receive notifications about the Matrix Arrow signals, you may want to set up the email, terminal and push notifications of your MT4/5 terminal. These notifications will be sent by the Matrix Arrow Indicator MT4/5 and not from the EA.

10. So you open MT4/5 >> Tools >> Options >> Email tab and you fill in the necessary details for your email and server, in order to receive your email notifications. Below is an example of the details that are required and a list of the most popular email providers and their SMTP settings.

  • In the SMTP server field you need to put your email provider’s SMTP address, you can see most of the popular providers below.

  • In the SMTP login field you need to put your full email, for example: johnsmith@gmail.com

  • In the SMTP password field, you need to put your email’s password.

  • In the From and To fields, you need to put your full name a comma and then your email again, for example: John Smith, johnsmith@gmail.com

List of SMTP Mail Servers: https://domar.com/pages/smtp_pop3_server

Gmail: smtp.gmail.com:465

Outlook-Hotmail: smtp-mail.outlook.com:587

Yahoo: smtp.mail.yahoo.com:465

iCloud: smtp.mail.me.com:587

Mail.com: smtp.mail.com:465

Mail.ru: smtp.mail.ru:25

Zoho: smtp.zoho.com:465

Gmx.com: smtp.gmx.com:465

Matrix Arrow EA MT4/5 Installation Guide

11. In order to set up your push notifications, open the MT4/5 >> Tools >> Options >> Notifications tab and fill in your mobile device’s or tablet’s MQL5 ID number, in order to receive your push notifications to those devices. You can find these MQL5 ID codes in your MT4/5 mobile app, if you click in Settings >> Messages.

You can also find your MQL5 IDs in your MQL5 account’s profile >> settings >> security.

Matrix Arrow EA MT4/5 Installation Guide

Matrix Arrow EA MT4/5 Installation Guide

12. In order to receive Terminal alerts, you need to tick the appropriate option in MT4/5 >> Tools >> Options >> Events tab.

Matrix Arrow EA MT4/5 Installation Guide

13. You need to know that in order for the Matrix Arrow EA MT4/5 to work and trade the Matrix Arrow Indicator’s signals, you must have both products installed on your terminal. It is also highly advisable to load both Matrix Arrow Indicator MT4/5 and Matrix Arrow EA MT4/5 on your desired chart, in order to have a complete picture of your trading environment.

So, open a chart of the symbol you want and then from the left side of your MT4/5 terminal, in the Navigator window, find your purchased Matrix Arrow Indicator MT4/5 from within the Indicators >> Market folder and drag it onto the chart (or double click it).

14. The Indicator’s settings window will open. You adjust all the parameters you want and you also check the notification settings at the bottom of the Inputs tab. The default parameters of all indicators are specially optimized and are ready to be used in all kinds of market behavior.

Matrix Arrow EA MT4/5 Installation Guide

Matrix Arrow EA MT4/5 Installation Guide

A detailed description of all Matrix Arrow Indicator MT4/5 settings you can find here: https://www.mql5.com/en/blogs/post/745707

15. After you’ve completed your Matrix Arrow Indicator MT4/5 setup you click OK. Don’t forget that the default settings for all 10 indicators are especially optimized and ready to use in any instrument and timeframe. The Matrix Arrow Indicator will be now visible on your MT4/5 terminal, use your mouse to adjust the Matrix height and you are ready to use and trade with it!

Matrix Arrow EA MT4/5 Installation Guide

16. Now you can attach the Matrix Arrow EA MT4/5 on the same chart. You find the Matrix Arrow EA MT4/5 in the Market folder of your Experts folder, in the Navigator window of your MT4/5 terminal and drag it onto the chart (or double click it).

17. The Matrix Arrow EA MT4/5 window opens and in the Common tab, you tick the Allow Auto/Algo Trading and Allow Modification of Signals settings options.

Matrix Arrow EA MT4/5 Installation Guide

Matrix Arrow EA MT4/5 Installation Guide

18. Then in the Inputs tab if you want to trade with the on chart Trade Panel of the Matrix Arrow EA MT4/5, you put the first Use Panel setting to true and you change the second Used Indicator setting* to the Matrix Arrow Indicator.

* This setting is set to Moving Average by default, because otherwise the Matrix Arrow Indicator MT4/5 that must be purchased separately, was required in order for the Matrix Arrow EA MT4/5 to pass the MQL5.com Market validation and this is not technically possible.

Matrix Arrow EA MT4/5 Installation Guide

19. If you only want to trade with the on chart Trade Panel manually or automatically, you do not need to adjust any other settings. Click the OK button and you are ready to go.

20. The Matrix Arrow EA MT4/5 Trading Panel is now attached on the chart, right above your Matrix Arrow Indicator’s MT4/5 Matrix window and you can drag it to your desired location on the chart, usually on the top left corner of it. You click the Auto/Algo Trading button on your MT4/5 terminal and you can trade.

Matrix Arrow EA MT4/5 Installation Guide

21. If you want to trade manually, you select your desired timeframe and you choose the basic parameters of your future trades, in order to start trading. For example if you want to open trades of a specific fixed lot size, you type in the Fixed Lot Size field your desired lot size (for example 0.10). If you want to risk a certain percentage of your account in every trade, you tick the Risk % setting and you apply your desired risk in the field on the right (for example 2.0%). Then you can type in the Take Profit, Stop Loss, Break Even and/or Trailing Stop Loss settings that you want. Finally if you want your opened trades to close by an opposite signal, when that comes, you tick the Close by Opposite Signal option.

Matrix Arrow EA MT4/5 Installation Guide

22. Now you are ready to open your first manual trades, by simply clicking the appropriate Sell by Market or Buy by Market button. Your desired trade will open and the aspects that you have put into the Trade Panel (Stop Loss and/or Take Profit) will appear on the chart and on the Terminal/Toolbox window.

Matrix Arrow EA MT4/5 Installation Guide

23. If you want to trade automatically with your Matrix Arrow EA’s MT4/5 Trade Panel, you can simply put your desired settings and click the Full Algorithmic Trading option. If you do that, the Matrix Arrow EA MT4/5 will open a buy trade on every new blue/long arrow signal and a new sell trade on every new red/short arrow signal.

Matrix Arrow EA MT4/5 Installation Guide

WARNING: You cannot migrate the Trade Panel settings onto your MQL5 VPS. If you want to trade automatically on the cloud, using the Matrix Arrow EA MT4/5 on the MQL5 VPS, you must put Use Panel: false and adjust the inside settings of the EA, as they are presented below. Then you can click the Auto/Algo Trading button on your MT4/5 terminal and synchronize/migrate with your MQL5 VPS.

24. Now let’s come to another option. If you have a specific set of settings that you would like to trade and you do not desire to trade with the on chart Trade Panel, you attach the Matrix Arrow EA MT4/5 on the specific instrument’s chart and timeframe, then you open the Matrix Arrow EA MT4/5 window and you load the appropriate set file, by clicking the Load button on the bottom right of the EA’s window.

Matrix Arrow EA MT4/5 Installation Guide

Then click the Auto/Algo Trading button of your MT4/5 terminal and you are ready to trade 100% automatically. The small EA’s icon on the upper right corner of your chart will turn smiling/green and that means that your Matrix Arrow EA MT4/5 is trading OK.

Matrix Arrow EA MT4/5 Installation Guide

A detailed description of all Matrix Arrow EA MT4/5 settings you can find here: https://www.mql5.com/en/blogs/post/745698

25. The only thing that remains to do is to make sure that you will not suffer any power or network disruptions and that can be accomplished by employing a MQL5 VPS (virtual private server), in order to have your your Matrix Arrow EA MT4/5 and your Matrix Arrow Indicator MT4/5 trading on the cloud 24/7 around the clock.

26. If you haven’t purchased yourself a virtual server for your trading account, you right click on your account number in the Navigator window and you choose >> Register a Virtual Server.

Matrix Arrow EA MT4/5 Installation Guide

27. In the Virtual Hosting Wizard window that opens, you choose the plan that suits you and click the Next button.

Matrix Arrow EA MT4/5 Installation Guide

28. Then you complete your payment. I suggest having the necessary funds available in your MQL5 account and use the MQL5 method of payment on the left.

29. After you’ve completed your MQL5 VPS purchase, you need to synchronize your trading environment with your virtual server. You right click on the MQL5 VPS in the Navigator window and choose >> Synchronize experts, indicators.

Matrix Arrow EA MT4/5 Installation Guide

30. After a few seconds, the smiling face of your Expert Advisor will turn sad again and the Auto/Algo Trading button will be turned off. That means that your trading environment was successfully synchronized with your MQL5 VPS.

31. In order to make sure that your synchronization was successful, you need to check the MQL5 VPS Journal logs. You right click on your MQL5 VPS in the Navigator window >> Journals.

Matrix Arrow EA MT4/5 Installation Guide

32. In your MQL5 VPS’s Journals logs, you need to look for the below message:

Matrix Arrow EA MT4/5 Installation Guide

23. That means that your Matrix Arrow EA MT4/5 and your Matrix Arrow Indicator MT4/5 were successfully synchronized and now trades in the cloud environment.

24. Now you can close your MT4 terminal and computer and be assured that your Expert Advisor will trade 24/7 without any problems or interruptions.

25. The only thing you need to do every day or two, is to check your MQL5 VPS Journal, in order to make sure that everything runs smoothly.

WARNING: After you’ve synchronized your trading environment with your MQL5 VPS, you DO NOT NEED TO CLICK THE AUTO TRADING BUTTON AGAIN in your local MT4/5 terminal, because if you do, you will trade with your Expert Advisor twice and that is very dangerous!

✔️ Matrix Arrow Signal®: https://www.mql5.com/en/signals/1151924

✔️ Matrix Arrow EA MT4©: https://www.mql5.com/en/market/product/70812

✔️ Matrix Arrow EA MT5©: https://www.mql5.com/en/market/product/70813

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