💾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:

File
Folder
Description

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

  1. Open MetaTrader 4

  2. Click File → Open Data Folder

  3. This opens your MT4 installation directory MT4 Data Folder Location


Step 3: Copy EA Files

  1. Navigate to MQL4/Experts/

    • Copy BananaEA.ex4 here (overwrite if updating)

  2. 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

  1. Close MT4 completely

  2. Re-open MT4

  3. BananaEA should now appear under Navigator → Expert Advisors


Step 5: Attach EA to Chart

  1. In Navigator, expand Expert Advisors

  2. 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

  1. Download your chosen .set file(s)

  2. Copy to MQL4/Presets/ folder in your MT4 data directory

Load Optimization File in EA

  1. Open EA Properties → Inputs

  2. Click Load

  3. Select your downloaded .set file

    • e.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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