How to connect MetaTrader 4

1. Get a key in the dashboard

1. In the dashboard open «Accounts» → «+ Connect account» → the «MT4/MT5» tab and pick the «MetaTrader 4» platform.
2. Click «Get key». The server creates the account and issues a key — it is shown once, so copy it right away.
3. Click «↓ Download advisor» there as well — this is Davinchu Trade Monitor for MetaTrader 4, an .ex4 file.

You do not enter the account number, broker or server: the advisor sends them from the terminal itself. Any forex or CFD broker on MetaTrader 4 works, including prop firms.

2. Install the advisor in the terminal

1. In MetaTrader 4: «File» → «Open Data Folder» → MQL4 → Experts. Copy the advisor file there. It appears in the «Navigator» under «Expert Advisors»; if you do not see it, restart the terminal.
2. «Tools» → «Options» → the «Expert Advisors» tab → tick «Allow WebRequest for listed URL» and add https://app.davinchu.com — with the https:// scheme.
3. Drag the advisor onto any chart. On the «Inputs» tab paste the key into the «Ключ из кабинета Davinchu» (dashboard key) parameter and click «OK». You can also keep the key in MQL4/Files/davinchu_key.txt — then turn on the «Читать ключ из MQL4/Files/davinchu_key.txt» (read the key from file) parameter.

The monitor needs neither AutoTrading nor DLLs: it only reads account data and sends it to the dashboard.

3. Open the full account history

MetaTrader 4 gives advisors the history that is loaded into the «Account History» tab of the «Terminal» window. To get all your old trades into Davinchu, right-click that tab and choose «All History». New trades arrive with any period selected.

4. Check that the account is connected

• The connection window waits up to a minute and a half for the first sync and shows «Connected» — «Data is flowing — the account is now in your list.»
• On the chart the advisor shows «Кабинет: подключён» («Dashboard: connected») and the time of the last sync.
• In the «Accounts» table the account status is «active».

What arrives in Davinchu

• Trade history — closed positions with prices, volume, profit, swap, commission, magic, SL/TP and open and close times. Every 15 minutes the advisor re-checks the history and sends whatever closed without it — for example while the terminal was off.
• Every new trade — the advisor checks orders every second, and the data goes to the dashboard every few seconds.
• Account state — balance, equity, free margin, margin level, floating profit and open positions.
• Deposits and withdrawals — the last 32 operations in the account history and every new one.

This feeds account analytics, the trading journal and monitoring. For an MT4 account the dashboard itself sends the trade opened and closed messages — how to set up notifications is covered in «How to connect Telegram».

After connecting

• The advisor works while the terminal is open. If the terminal is closed, the advisor is removed from the chart, the VPS or computer shuts down or the internet drops, you get «Account connection lost» after about 10 minutes and «Account connection restored» when it is back. To run around the clock, keep the terminal on a VPS.
• Account «Settings» → the «Connection» tab — broker, server and account number from the terminal and the «Get key» button: a new key disables the old one at once.
• In the strategy tester the advisor sends nothing, so it does not get in the way of tests.

The T-Manager risk manager for MetaTrader 4 is in development; for MetaTrader 5 it already sizes positions from risk and closes new entries at the limits — see «MT5 risk manager». How the platforms differ in general is in «MT4 or MT5».

If it did not work

The advisor's messages are in the «Terminal» window on the «Experts» tab. One account — one monitor: do not run a second copy on the same account. A MetaTrader 5 account connects the same way — see its own guide.

Plan

A MetaTrader account takes a slot in your plan's account limit: Free — 2, Plus — 5, Pro — 15, Elite — 50; an extra account is $2 a month on any plan. More on the pricing page.