To use the Ronz Auto SL-TS-TP EA on MT4, follow these general steps:
Download and Install the EA:
Place the EA file (usually ending in .ex4 or .mq4) in the Experts folder of your MT4 directory.
Restart MT4 and navigate to the Navigator panel to locate the EA under Expert Advisors.
Attach the EA to a Chart:
Open a chart (e.g., for EUR/USD) and apply the Ronz Auto SL-TS-TP EA to it.
When the EA's settings window appears, configure the Stop Loss (SL), Take Profit (TP), and Trailing Stop parameters based on your risk management preferences.
Set Parameters and Modes:
Auto SL and TP: The EA will automatically set SL and TP levels for new trades on that chart.
Hidden SL and TP: If enabled, SL and TP values will be hidden from the broker.
Profit Lock: Define the profit level at which the EA locks in part of the profits.
Trailing Stop: Choose a trailing stop method to adjust SL as the trade moves in your favor.
Â