Money Honey EA Installation and Setup Guide

Follow these steps to set up the Money Honey EA for automated trading on the MetaTrader 4 (MT4) platform

Step 1: Download MetaTrader 4 (MT4)

Download MT4:To download MetaTrader 4 (MT4), click on the following link: Download MT4 and install the software after downloading.

Install MT4: When you download and install MT4, you will see this screen.

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Step 2: Set Up Your MT4 Trading Account

Open a Trading Account: Choose an MT4-compatible broker and open a trading account.

Login to MT4: Open the MT4 platform, navigate to File > Login to Trade Account, and enter your account credentials.

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After that, you can hide the default pair section.

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Step 4: Load Charts and Time Frames

Supported Symbols: Use only one of the following symbols per account to avoid performance issues:

Load Charts in MT4:

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For USDJPY: Open charts for the following time frames:

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Repeat similarly for BTCUSD and XAUUSD if those pairs are used.

Step 3: Preparing MetaTrader 4 for EA Installation

Allow DLL Imports:

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Note: If you open an account through Money Honey’s referral link, you’ll get two months of free access to Money Honey EA. After creating an account, email your MT4 account number to [email protected] to receive your license.

Step 4: Set Up the Bot

Load the EA for USDJPY: To set up the bot for USDJPY on the M5 time frame, follow these steps:

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Note: This is just an example for setting up the USDJPY pair. You can use the same process to set up other pairs, such as XAUUSD or BTCUSD, by following the appropriate time frames and EA names.

Step 5: Download Historical Data

Load Historical Data:

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Select All the options in the dropdown one by one, then click on Start.

Step 6: Copy the Tools Folder

Follow these steps to copy the Tools folder:

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Step 7: Configure the mtBreak.bat File

Follow these steps to configure the mtBreak.bat file:

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Step 8: Set Up Task Scheduler

Follow these steps to set up the Task Scheduler:

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Final Step: Enjoy Trading with Money Honey EA

Your EA is now ready to trade! Monitor the performance on your MT4 platform and make any adjustments as necessary.

Need Help?

If you face any issues during setup, contact our support team:

  • Support Hours: We respond within 24 hours. Please note, we are unavailable on weekends.