How to make an Auto Trading system with Telegram and Meta Trader part 2

Tiến Mạnh Bùi
4 min readJun 1, 2022

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Part2 — Download and install RedFox Copier to Meta Trader

Part1 — Connect and setup Auto Forward Telegram

As a forex trader, you must have known Meta Trader 4. MetaTrader 4 is a free-of-charge Forex trading platform. It offers wide technical analysis options, flexible trading system, algorithmic and mobile trading.

Now I will show you how to install RedFox copier EA and setup it.

In this article we use MT4 Exness broker. You can register it at MT4 Enxess

First, You need open MT4. Next in the tab below please select Market and search RedFox. We will see 2 version Free and Pro as below or you too can download it from website mql5.

Version Free: https://www.mql5.com/en/market/product/70538

Version Pro: https://www.mql5.com/en/market/product/71929

In this article we use the free version. You can use version Pro support trading auto with many feature good than free.

Great. An easy way to download it by clicking Download and waiting download done.

Next. We need connect Telegram to MT4 with 2 step

1. CREATE AND ADD BOT TELEGRAM

  1. Open your Telegram APP and search for “BotFather” and open windown chat

2. Type /start and click/type /newbot to create a new bot. Enter your bot name and send

Congratulations! You have created your Telegram bot.

3. Save your bot API token (e.g. 5531860140:AAHJMPpiX305lBAAJqJ6NG5nRMK6KLVwo_8)

Then go back to your channel and add the bot you just created

In your channel, add your bot and set it as “Administrator” so that your bot can receive messages from your channel

Click to Administrators
Next click to Add Administrator
Click add bot to channel and Save

Congratulations! You have created your channel and add bot success. Close back channel

See more at: https://copier-docs.redfox-capital.com/guides/create-a-bot-and-api-token-from-telegram

2. CONFIG REDFOX COPIER

Open application MT4. Select Tools -> Options

2. Click to tab Expert Advisors

3. Tick Allow automated trading and Allow WebRequest for listed URL

4. At Allow WebRequest enter url https://api.telegram.org

5. Click OK

Options Config

6. Open any a chart

7. Click the right mouse pointer to the EA select Attach a chart

8. Use API Token From Create a bot and API Token From TELEGRAM fill to Telegram Token

9. Done. You can config strategy bot then click OK

EA success

10. Congratulations! You have active EA success.

Testing

DONE. System worked 😍

Resources used:

Free Forex Signal From RedFox

Auto Forward Telegram Docs

Setup RedFox Copier Telegram

RedFox Tools for MT4

Broker Recommend

Thank you for reading. Have a great time

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