💾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

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📁 File Installation

Step 1: Download BananaEA Package

Single Zip File: Download the latest BananaEA.zip from customer portal

Download from: Customer Portal

Zip Contents (MQL4 folder structure):

File	Folder	Description
BananaEA.ex4	MQL4/Experts/	Main Expert Advisor
iTradeAIMSLib.ex4	MQL4/Libraries/	Required dependency (MUST be installed)
BananaBacktestLicense_202601.ex4	MQL4/Libraries/	6-Month License (Valid until June 30, 2026)
BEA4-DAXH1-A.set	MQL4/Presets/	DAX H1 preset configuration
BEA4-DAXM5-Main.set	MQL4/Presets/	DAX M5 preset configuration

🎉 Extended License System: Backtest license now lasts 6 MONTHS instead of 1 month! Next update required: July 2026 (83% less maintenance)

⚠️ Note: Preset filenames may vary in future updates. Always check the latest files in your customer portal.

💡 Optimization Sets: Download the latest professional optimization sets from https://my.itradeaims.net/latest-optimization-sets/

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Step 2: Locate MT4 Data Folder

1. Open MetaTrader 4

2. Click File → Open Data Folder

3. This opens your MT4 installation directory

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Step 3: Extract and Copy Files

Quick Installation:

1. Extract the downloaded BananaEA.zip file

2. Copy the entire MQL4 folder from the zip

3. Paste into your MT4 Terminal folder (from Step 2)

4. Click "Yes to All" when Windows asks to merge/replace files

What Gets Installed:

• ✅ BananaEA.ex4 → Experts folder

• ✅ iTradeAIMSLib.ex4 → Libraries folder

• ✅ BananaBacktestLicense_202601.ex4 → Libraries folder (6-month license!)

• ✅ Preset files → Presets folder

⚠️ Critical: Without iTradeAIMSLib.ex4 in the Libraries folder, the EA will not initialize and may show errors.

Manual Installation (if preferred):

• Copy .set files → MQL4/Presets/

• Copy templates → MQL4/Templates/

• Copy images → MQL4/Images/

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Step 4: Restart MetaTrader 4

1. Close MT4 completely

2. Re-open MT4

3. BananaEA should now appear under Navigator → Expert Advisors

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Step 5: Attach EA to Chart

1. In Navigator, expand Expert Advisors

2. Double-click BananaEA, or drag it onto your chart

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⚙️ 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

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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.

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📊 Trading Configuration

Configure your preferred trading parameters or load a professional preset (see next section).

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📈 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-DAX-M5-TOPDOG-PRIME.set

   • or BananaEA-DAX-M5.set

All parameters will load automatically.

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✅ Step 9: Activate Trading Mode (FIRST TIME USERS)

✨ NEW Safety Feature (v4.4.4)

BananaEA starts in PAUSED mode for your protection. This means YOU control when trading begins.

Safety First: The EA will monitor markets and display signals, but won't open any trades until you activate it.

To Start Trading:

1. Locate the TC button on your dashboard (top-left by default)

2. Click once: PAUSED → AUTO (trading enabled) ✅

3. EA is now active and will detect signals and open trades

TC Button Three-State System:

Understanding the Button States:

• 🔴 PAUSED (Red button): EA monitoring only, no trades opened

• 🟢 AUTO (Green button): Full automated trading enabled

• 🔵 MANAGE (Blue button): Managing existing trades only, no new entries

Button Cycling: Click repeatedly to cycle through states:

PAUSED → AUTO → MANAGE → PAUSED → AUTO → ...

Strategy Tester Note: When running backtests, the EA automatically detects Strategy Tester mode and bypasses PAUSED mode. Your backtests will run normally without manual activation.

Learn more about three-state control →

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✅ You're Ready to Trade!

BananaEA is now fully installed and configured. Click the TC button to activate trading!

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🔁 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