💾Banana EA Installation Guide
Step-by-Step Installation Guide Learn how to install BananaEA properly and start trading in under 15 minutes.
🚀 Before You Begin
Make sure you have the following ready:
✅ MetaTrader 4 (MT4) installed and working ✅ Active broker account with MT4 access ✅ Valid BananaEA License Key (provided with purchase) ✅ AutoTrading enabled in MT4 → Tools → Options → Expert Advisors
📁 File Installation
Step 1: Download Files
You should have received the following files:
BananaEA.ex4
MQL4/Experts/
Main Expert Advisor
iTradeAIMSLib.ex4
MQL4/Libraries/
Required dependency (MUST be installed)
BananaBacktestLicense_202510.ex4
MQL4/Libraries/
Backtesting license (required for Strategy Tester)
⚠️ Monthly Update Required: The backtesting license file (
BananaBacktestLicense_YYYYMM.ex4
) updates monthly and must be re-downloaded from your customer dashboard at https://my.itradeaims.net/. Without the current month's file, backtesting will not function.
💡 Essential: After installation, download the latest professional optimization sets from https://my.itradeaims.net/latest-optimization-sets/
Step 2: Locate MT4 Data Folder
Open MetaTrader 4
Click File → Open Data Folder
This opens your MT4 installation directory
Step 3: Copy EA Files
Navigate to
MQL4/Experts/
Copy BananaEA.ex4 here (overwrite if updating)
Navigate to
MQL4/Libraries/
Copy iTradeAIMSLib.ex4 here (overwrite if updating)
Copy BananaBacktestLicense_202510.ex4 here (required for backtesting)
⚠️ Critical: Without
iTradeAIMSLib.ex4
in the Libraries folder, the EA will not initialize and may show errors.
Optional Files:
Copy
.set
files →MQL4/Presets/
Copy templates →
MQL4/Templates/
Copy images →
MQL4/Images/
Step 4: Restart MetaTrader 4
Close MT4 completely
Re-open MT4
BananaEA should now appear under Navigator → Expert Advisors
Step 5: Attach EA to Chart
In Navigator, expand Expert Advisors
Double-click BananaEA, or drag it onto your chart
⚙️ Configure Initial Settings
When the EA Properties dialog opens:
Common Tab
✅ Check Allow live trading ✅ Check Allow DLL imports ✅ Check Allow import of external experts
Inputs Tab – License & Configuration
🔐 License Configuration (Required)
LicenseKey: [Enter your license key here]
Example License Key Format: 3bb80d54-6299-6ce9-0b63-356fb6dfc989
⚠️ Your license must match your MT4 account for the EA to function.
📊 Trading Configuration
Configure your preferred trading parameters or load a professional preset (see next section).
📈 Step 8: Install Optimization Files (ESSENTIAL)
Professional configuration files are updated weekly for current market conditions.
Download the Latest Files
👉 https://my.itradeaims.net/latest-optimization-sets/
Installation Process
Download your chosen
.set
file(s)Copy to
MQL4/Presets/
folder in your MT4 data directory
Load Optimization File in EA
Open EA Properties → Inputs
Click Load
Select your downloaded
.set
filee.g.
AZLN_BananaEA-V3.11.0-DAX-M5-TOPDOG-PRIME.set
or
BananaEA-DAX-M5.set
All parameters will load automatically.
✅ You’re Ready to Trade!
BananaEA is now fully installed and configured. Start MT4 AutoTrading and enjoy intelligent trade execution.
🔁 Important Notes on Optimization Files
✅ Check weekly for updated optimization sets
✅ Optimizations adapt to current market conditions
✅ Symbol-specific options available for different instruments
✅ Always demo-test before going live
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