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Quick fixes

The six problems traders ask us about most, and how to fix each one.

  1. The indicator or EA is not in the Navigator.

    Check that the file is in the right folder for its type and platform, then right click the Navigator and choose Refresh. The installation guide shows each step with pictures.

  2. It asks for a license key, or says the license is not active.

    Copy the key from My Purchases and paste it into the license key input. Tick Allow DLL imports in the settings window, and keep MetaTrader connected to the internet.

  3. The EA is on the chart, but it opens no trades.

    Switch on Algo Trading in the MetaTrader toolbar (AutoTrading in MT4), and tick Allow Algo Trading in the EA's settings. Then read the Experts tab in the Toolbox (Ctrl+T) for the EA's own message.

  4. The panel is blank, or it shows "Waiting for data".

    The indicator is still loading price history from your broker. Leave the chart open for a minute. If it stays blank, switch the timeframe once and back again to load more history.

  5. The license worked before, but not on a new MetaTrader account.

    Every new account number uses one activation. If all activations are used, you can buy 10 extra activations on the My Purchases page. They are not available anywhere else.

  6. Nothing appears in the MetaTrader phone app.

    The phone and tablet apps cannot run custom indicators or EAs. Run them in MetaTrader on a Windows or Mac computer, or on a VPS, and send the alerts to your phone.

Getting started

What is the difference between an indicator and an EA?#

An indicator draws signals and levels on the chart and never places a trade. An Expert Advisor (EA) opens and closes trades by itself, following its own rules.

Do I need the MT4 or the MT5 version?#

Choose the version that matches your MetaTrader. An MT4 file ends in .ex4 and runs only in MetaTrader 4. An MT5 file ends in .ex5 and runs only in MetaTrader 5.

If you bought the wrong version, you can switch it within 30 days of purchase. A switch between MT4 and MT5 counts as an exchange.

How do I install an indicator or EA?#

  1. If the download is a zip file, extract it first. MetaTrader cannot read a zip file.
  2. In MetaTrader, open File, then Open Data Folder.
  3. Copy the file into MQL5/Indicators or MQL5/Experts (MQL4 for MetaTrader 4).
  4. Right click the Navigator and choose Refresh.
  5. Drag the indicator or EA onto a chart.

The installation guide shows every step with pictures.

Will it work with my broker?#

Yes. Keenbase indicators and EAs work with any broker that offers MetaTrader. MetaTrader 5 is our main platform, and most products also come in a MetaTrader 4 version.

Where can I read how a product works and what each setting does?#

On the product's page on our website. If a setting is still unclear after that, send us a message and tell us which product and setting you mean.

License and activations

Where do I find my license key?#

On your My Purchases page, next to the product. Use the Copy button, so no character is missed.

How do I activate my license?#

  1. Attach the indicator or EA to a chart.
  2. Paste your license key into the license key input, and click OK.
  3. Keep Allow DLL imports ticked, and keep MetaTrader connected to the internet.

Activation happens by itself. You do not need to send us your MetaTrader account number.

On how many MetaTrader accounts can I use a product?#

A license for a single product comes with 10 activations. Each MetaTrader account number uses one activation, whether it is a demo account or a real account.

A Premium Membership key works on 10, 15 or 20 accounts, depending on the plan. My Purchases shows how many activations you have used.

Do I lose an activation when I change my computer or VPS?#

No. Activations are tied to MetaTrader account numbers, not to computers. You can move the same account to a new computer or VPS as often as you like.

I have used all my activations. What can I do?#

You can buy 10 extra activations for the same license key, at half the product's list price. They are available only on your My Purchases page, not anywhere else.

Extra activations are for products bought one by one, not for the Premium Membership.

Why do I need to tick Allow DLL imports?#

The license check runs over the internet through a small Windows file called a DLL. MetaTrader blocks it until you allow it.

In the settings window, tick Allow DLL imports in the Dependencies tab in MT5, or in the Common tab in MT4. To allow it for every product you attach from now on, open Tools, Options, Expert Advisors and tick it there.

Downloads and updates

How do I get the latest version of a product?#

Updates are included with your purchase. My Purchases shows the latest version of each product you own, and a list of the latest product updates.

  1. Download the new file from My Purchases.
  2. Copy it into the same folder as the old file, and replace the old file when MetaTrader asks.
  3. Restart MetaTrader.

Your license key stays the same.

Do my products expire?#

No. Products you buy one by one keep working with no end date. A Premium Membership works for as long as the membership is active.

Expert Advisors

My EA is on the chart, but it does not open trades.#

Check these in order:

  1. Algo Trading is switched on in the MetaTrader toolbar (AutoTrading in MT4).
  2. Allow Algo Trading is ticked in the EA's settings (Allow live trading in MT4).
  3. The market for that symbol is open.
  4. The Experts tab in the Toolbox (Ctrl+T) has no message from the EA.

A message about the lot size often means the risk setting is too small for your broker's minimum lot. The EA skipped the trade to protect your account. Raise the risk setting, or use the EA on a larger balance.

Do I need a VPS?#

Only if the EA must keep trading while your computer is off. An EA trades only while MetaTrader is open and connected. A VPS close to your broker's server keeps it running day and night.

How do I backtest an EA?#

Press Ctrl+R to open the Strategy Tester. Choose the EA, the symbol, the timeframe and the dates, then click Start. Test the EA on a demo account before you trade it on a real account.

What is the magic number in an EA?#

The magic number is an ID the EA gives its own trades, so it never touches trades opened by you or by another EA. You can leave the default number. If you run two EAs on the same account, give each EA a different magic number.

How much can an EA make per month?#

No one can promise that, and we do not. Results depend on the market, your broker and your settings. Test on a demo account first, and risk only money you can afford to lose.

Indicators and alerts

Can an indicator trade for me?#

No. An indicator shows signals and levels on the chart. Placing the trade is your decision, or the job of an EA.

How do I get alerts on my phone?#

  1. Install the MetaTrader app on your phone and find your MetaQuotes ID in its settings.
  2. On your computer, open Tools, Options, Notifications. Tick Enable Push Notifications, enter your MetaQuotes ID and click Test.
  3. Switch on push alerts in the indicator's input settings.

MetaTrader's own notification help has pictures of each window.

How do I get alerts by email?#

Open Tools, Options, Email, and enter your email provider's details. Then switch on email alerts in the indicator's input settings. Push alerts on your phone arrive faster, so we suggest them first. See MetaTrader's email help.

Can I use the indicators on M1 or M5 charts?#

Yes, on any timeframe you prefer. Lower timeframes such as M1 and M5 give more signals and more market noise, so expect more signals that do not work out.

What are the best input settings?#

Start with the default settings. Change one setting at a time to suit your symbol or timeframe, and compare the result. Changing many settings to fit past charts perfectly usually makes the results worse on future charts.

Orders, exchange and membership

How can I pay?#

With PayPal, or with a debit or credit card.

My payment was declined. What can I do?#

Try the other payment method. If both are declined, send us a message and we will help you complete the order.

What if the product is not the right fit for me?#

Every purchase is covered by our 30-day exchange. Within 30 days of purchase, you can exchange the product for another Keenbase Trading indicator or EA. Send us a message with your order number.

You can choose a product at the same price or lower, or pay the difference for a higher priced one. A switch between the MT4 and MT5 versions counts as an exchange too. We do not offer refunds.

Where are my receipts?#

On your My Purchases page. Every order has its own receipt link.

How do I download products with the Premium Membership?#

Your membership license key appears in My Purchases right after the payment goes through. From there you can download any indicator or EA, and the same key works in all of them.

How do I cancel the Monthly membership?#

From your My Purchases page, at any time. Your indicators and EAs keep working until the end of the month you have paid for.

Bought on MQL5

I bought a Keenbase product on the MQL5 Market. How do I update it?#

MQL5 handles the license, the activations and the updates for products bought there. Open the Market tab in your MetaTrader, find the product under Purchased, and update it from there. You do not need a license key from our website.

For questions about how the product works, you are welcome to send us a message.

About our support

For how long can I get help with a product?#

For as long as you use it. It makes no difference whether you bought it yesterday or years ago.

I asked about a free indicator and have not had a reply yet.#

Questions about free indicators are welcome. Questions from customers who bought a product are answered first, so a reply about a free indicator can take longer.

Still stuck? Send us a message.

Tell us which product you use and what is happening. A person from our team reads every message and replies by email.

or email support@keenbase-trading.com