Yes it is coding time!

We are going to use a simple template to explain the 4 parts of a trading robot (also called an EA or Expert Advisor in the context of MT5). Download the required file from https://www.dropbox.com/s/rsefrrmxf1dtgrw/BlackAlgoBasicTemplate_v1.00.mq5?dl=0.

In your MT5, under File, click “Open Data Folder”. Go into the MQL5 folder, there should be an Experts folder. Place the file (aka the source code aka the .mq5 file) in the Experts folder. We will show you how to do this again in the upcoming lectures.

For Mac/PlayOnMac Users: Find the MQL5/experts folder in Finder under <user>/Library/PlayOnMac/wineprefix/...