Installing and Activating Standard Indicators

Installing and Activating Standard Indicators

This product needs to be activated. To use it you’ll need to follow the steps described below to obtain an activation code.

Installation

1 – Installing the Software on MetaTrader

To install the software simply copy the files either to your indicators folder or experts folder respectively depending on the product type. If you don't know where MetaTrader is storing your files the easiest way to check is to click File->Open Data Folder from the Terminal window. This will open the folder where Metatrader is storing your files.

Use data folder to locate the folder
Use data folder to locate the folder © forexop

Right click the appropriate folder in the navigator window. Then click "Open Folder". This will open up the file location on your computer. Place the executable files (.ex4) into the folder under either the Experts tab or the Indicators tab (depending on the product type).

You may need to right click the refresh button in the navigator window for the new items to appear.

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2 – Activating

Step 1: To activate the product please login to Forexop.com. Go to the authorization page. The screen below shows an example list of authorization codes. Copy the authorization code from the table for the required product.

Use data folder to locate the folder
Use data folder to locate the folder © forexop

3 – Metatrader

Load the indicator onto a chart in Metatrader. In the settings box for the indicator, enter your register/billing email into the email box. Then enter the authorization code into the product key box.

Click OK to launch the indicator. If the activation was successful the indicator will start normally. If not, you will see a popup message asking for a valid authorization code.

If the product is activated, the indicator will write a license file under the Metatrader folder licenses\licence.NNNN. where NNNN is the product number. If this file is removed or altered you will need to reactivate the product.

Enter the product key
Enter the product key © forexop

Note: The strategy tester uses its own file structure. This can be found in the top level directory which is above the MQL4 folder. If you’re running in the strategy tester, place the license file in the folder tester\files\licenses. Otherwise you can enter the product key as described above to authorize.

Updates
For best results please use the latest version of the software. Check the site regularly to obtain the latest release. The version number of the product is displayed in the journal output in the experts tab.
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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.