Activating Paid Indicators
Please follow these instructions to install and activate our Metatrader indicators and experts:
Installation on Metatrader
- Unzip the indicator zip file
- Double click the folder “Metatrader4”
- Start Metatrader
- From Metatrader’s menu click “File->Open Data Folder”. It should open a new window.
- Double click on the folder “MQL4”. Then double click the folder named “Indicators”
- Go back to the contents of the zip folder and copy the program file (.ex4).
- Copy the file into the “Indicators” folder that you opened in step 5. You can instead place it in your own subfolder e.g. “MyIndicators”
- Now close the folder
- Go to Metatrader again and look at the Navigator panel on the main screen. If the Navigator isn’t there press Ctrl-N.
- In the Navigator, right click with the mouse on the icon labelled “Indicators” and click refresh. You should now see the newly installed program
- Click the “Create New Chart” icon – (Green plus sign) under the “File” menu to display a new chart.
- Now double click on the indicator’s icon in the Navigator pane. It should load onto the chart.
- The indicator should display a popup alert prompting you to activate.
For installation on Metatrader-5 use the program file in the Metatrader5 folder (if available) and follow the same steps. To install an expert, choose the Experts folder rather than the Indicators folder.
- The indicator will generate a 9-digit Pincode. You will need this to activate. You’ll also need the order number and billing email address.
- Copy the pincode shown in the alert window.
- The pincode is also displayed in the output log. To reveal, press CTRL-T and look for the pincode shown in the Expert’s tab.
- Go to the page https://forexop.com/tools/authorize/auth.php and enter your order details and the pincode exactly as it’s shown.
- Copy the activation key.
- Paste the key together with your email address into the indicator settings box.
- The program should now be activated.
If the tool doesn’t generate a Pincode the most likely reason is that it’s an old version. Please follow the steps in the FAQ page to update to the latest release.
Locating the Order Number
To get an activation you will need your billing email address and your order number. Important: Keep a permanent record of these as they are needed to create each activation. The billing email is the one you used on the order form when you checked out.
Where is my order number? Your order number is found on the checkout page. It’s also on the order confirmation email that was sent to you.
VPS and Strategy Tester Installations
An activation authorizes a single Metatrader installation. Each license only allows a limited number of Metatrader activations. When running on a VPS we recommend activating the tool with the account code rather than the pincode. This will authorize a specific Metatrader account rather than a Metatrader installation.
The account code is displayed in the output log (Expert’s tab) along side the pincode. If the output log isn’t visible, press CTRL-T and look for the output messages from the tool. You can launch the tool again to regenerate the output.
To create an activation code for an account, follow the steps above but enter the account code rather than the pincode. Activating with the account code is also recommended when using Metatrader 5’s strategy because the tester can also use virtual machines.
Terms and Conditions
1.1 – The Terms
By using this software you agree to the Terms and Conditions set forth on our website including the licensing agreement. In particular special attention is drawn to the following risk warnings. Please ensure you fully understand them.
1.1.1 – GENERAL RISK DISCLAIMER
ALL PERFORMANCE GIVEN IN RELATION TO OUR SOFTWARE AND/OR STRATEGIES MUST BE REGARDED AS HYPOTHETICAL. NUMEROUS FACTORS CAN INFLUENCE REAL INVESTMENT RETURNS AND THESE CANNOT BE ACCOUNTED FOR IN ANY HYPOTHETICAL SYSTEM. ALL OF THESE FACTORS CAN ADVERSELY AFFECT REAL TRADING PERFORMANCES. PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT INDICATIVE OF FUTURE RETURNS.
YOU ARE SOLELY AND EXCLUSIVELY RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, OR STRATEGY, OR ANY OTHER PRODUCT OR SERVICE IS APPROPRIATE OR SUITABLE FOR YOU BASED ON YOUR PERSONAL FINANCIAL SITUATION. BY USING THIS SITE AND/OR ANY OF OUR SOFTWARE YOU AGREE THAT FOREXOP.COM, ITS PARTNERS, AFFILIATES, EMPLOYEES AND AGENTS WILL NOT BE LIABLE FOR ANY LOSSES THAT YOU MAY INCUR AS A RESULT. YOU AGREE TO HOLD OUR COMPANY AND EMPLOYEES HARMLESS IN ANY AND ALL WAYS.
1.1.2 – U.S. GOVERNMENT REQUIRED DISCLAIMER COMMODITY FUTURES TRADING COMMISSION: FUTURES AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS. DON’T TRADE WITH MONEY YOU CAN’T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL FUTURES OR OPTIONS OR ANY OTHER FINANCIAL INSTRUMENT.
1.1.3 – CFTC RULE 4.41 HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
1.2 – Copyright Notice
THIS PRODUCT IS PROTECTED UNDER INTERNATIONAL COPYRIGHT LAW. YOU AGREE THAT YOU ARE NOT AN OWNER OF THE SOFTWARE OR ANY COPIES OF THE SOFTWARE BUT ARE A LICENSEE OF THE SOFTWARE. A SINGLE LICENCE GRANTS USER THE RIGHT TO DOWNLOAD AND USE THE SOFTWARE ON A DEVICE OF THEIR CHOICE FOR PERSONAL USE. A LICENCE DOES NOT GRANT THE USER RESALE OR DISTRIBUTION RIGHTS TO THE SOFTWARE EITHER AS A COMPLETE SYSTEM OR AS A SUBCOMPONENT. YOU AGREE THAT UNDER NO CIRCUMSTANCES WILL YOU FURTHER TRANSFER OR DISTRIBUTE THE SOFTWARE OR ANY COPIES OF THE SOFTWARE OR PROVIDE ACCESS TO THE SOFTWARE IN ANY MANNER.