Install PipDefender is a very simple task, just follow these few steps:
- Download (e.g. on your desktop) the zip file containing the PipDefender installer.
- Close every open Metatrader (terminal.exe) program. Then...
- UnZIP the archive to recover the self extracting PipDefender installer (.exe).
- Double click on the installer to start the installation process:
- Press "Accept" to continue
- Now you have to chose the root folder of the metatrader platform where you want PipDefender installed
- Hit the "Browse..." button to chose the path. In the previous picture, for instance, it was chosen the "C:\Program Files\Metatrader" but your path could be different. Be careful to chose the right path to your Metatrader installation and note that you must choose the root Metatrader folder, not the ...\expert folder.
- Press the "Install" button to start the copy PipDefender's files in the selected path.
- Once ready relaunch Metatrader, then select from the Tools » Options menu window the expert advisor tab and set it like the next picture:
In order to test the whole installation process just drag&drop the PipDefender_client expert advisor on a graph, wait for a tick from your broker and you should see the PipDefender info panel on your screen.
PipDefender will start automatically in PAUSE mode, be careful to enable it if you have open trades... Practice on a DEMO account before trying with real money!