How to Install Templates in MT4 and MT5 Metatrader Forex Charts

How to Install Templates in MT4 and MT5 Metatrader Forex Charts

Hi I’m Scott Shubert and today I’m
going to show you how to download and install templates for metatrader4 and
metatrader5 so let’s get started right now okay so this is another one of the
videos that is suitable for absolute beginners because those are the people
who often ask how do i download a template or a an indicator install it in
meditative form and here fine and because there is no question that is too
stupid and there is no level of being too close to being a beginner because
everyone has to start somewhere so because also I get so many questions
about people asking me how to do this and people having difficulty with it
that I thought I would just take another up-to-date video on how to do this step
so the first thing you would do is you would go to a website where you want to
download a template so what is a template by the way let’s go back to
metatrader4 and if i right click on the screen and then choose template i have a
whole bunch of templates from the past that have been added in here and so
let’s just say I choose one of these other templates and then I get all this
stuff on here like that which would really help so you can completely set up
and customize your charts exactly the way you want with the indicators you
want the the colors the background whether you want to see the gridlines
and all this stuff how your candles are these are hollow candles this is a
colored stochastics this is a poly fit man and you know all these things that
were put on here by a friend of mine we’re saved as a template so you can set
these things up and you can go template save template you can also go template
load template or if one is already loaded there you can just come over here
and just grab one of these things just right clicking on the chart and then
something that is added in there you just that that is already in your
templates you can get easily just by going templates and then here’s one
called cool indicators so I just go over there and there they are so especially
when people are new to trading they’re often want to get someone else’s
template rather than try to figure out how to set up their own and even if you
do have experienced a lot of experience you may want to use someone else’s
template in fact I have proprietary templates on here good examples of
things that you can buy from someone selling some kind of a course thing and
that can be installed as a template so over here
when you’re downloading a template you want to right-click on the link and
choose Save Link As and it could say something different um based on the type
of browser that you’re using this is one of the problems that people have is
they’re using some weird browser that no one ever heard of or if they were using
something other than Google Chrome you can use something other than Google
Chrome but a lot of people contact me and say this is not working because when
I download the file it says dot HTML and I’m like no it’s not dot HTML your
browser forced you to change the file type who the hell would want a browser
that would do that that’s the first thing I would tell them is to get rid of
that browser but anyway people have problems with browsers just use Google
Chrome just use Google Chrome if having a problem or an issue with that
that may be the first thing to check and then the next thing would be don’t left
click on it and instead right click and choose Save Link As and if your browser
has a different thing other than Save Link As you need to find out what it is
because I can’t tell you necessarily what all of them are but one time I did
put all the major ones on there Save Link As save target as
I think used to be what Mozilla Firefox was using anyway you need to figure that
out and that’s another thing that I often recommend to people if you don’t
know how to download a file from the internet find someone in your local area
who can help you to do that so a lot of people have gotten you know someone in
their local area to show them how do you download a file if you’re if you’re that
level of computer savviness where you don’t know how to download a
file find someone in your area who can show you how rather than you know
emailing me and say it’s not working or something like that because you know
this is the first step you got to do is learn how to download files if you can’t
make it through that step you’re gonna be you kind of have some difficulty so
you right-click on that you choose Save Link As and then in the next step a
window would come up after you choose Save Link As and then you need to choose
the place where you want to save the file
so many people just choose save link assets just go save they just go click
right here and they don’t know where it went
then they can’t find it so instead of doing that choose the actual place where
you want to save so I made a folder here called empty for indicators and you
might want to make one that says in T for templates but there you download the
file and notice that right here it says dot TPL here’s this here’s the next
problem that people have is that they download this and then they click on it
and try to open it and get some message and they don’t know what program to open
it with and that’s the next step is that you don’t open it you don’t click on it
after you download this file do not click on it do not try to open it so
save that file and then go back to that same location and then find the one that
you just downloaded in and then right click on that and choose copy so that
will keep this file in this folder so that you can install it in other
metatrader4 platforms later so then you have a folder where you’re going to put
all of your mt4 indicators all of your mt4 templates all
of your mt5 indicators all of your NT 5 templates and then keep them separate
because they don’t work they’re they’re not cross-platform compatible they only
work in metatrader4 or in mandatory 5 so then after you choose copy then you go
to your metatrader4 and go file open data folder and right there in mq l4 and
right there is the folder called templates there you can paste that file
into that folder and then restart your mandatory for and then you’ll be able to
go right there and right click on the chart with
template and choose the one that you just put in there it’s the same thing
for metatrader5 you go file open data folder profiles mql5 profiles templates so it’s a little bit different file path
or the folder in meditator 5 not too hard to figure out where that is but it
may not be obvious the first time you go in there check around sometimes you can
check and see where where your other templates are located in PL 5 profiles
templates so that’s how you install templates in Medicare 4 and in
metatrader5 so again I hope that this solves that mysterious question how do
you install templates in metatrader4 and metatrader5 it’s always fun to put
templates and indicators on your charts but if you want to find out what really
works and trading go to trading mastermind com you

One Comments

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    January 2, 2019

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