If your EA is not working, troubleshoot by ensuring that the following options are selected (as highlighted earlier):
“Autotrading” option should be showing green color
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- “Allow live trading”
- “Long & Short” positions should be selected
- “Allow DLL imports” options should be selected
- “Allow import of external experts” usually optional
Most of these options are disabled by default. For example, Autotrading is disabled by default for your own safety. If you were a newbie and accidentally run an EA, it could lead to massive damage to your account.
Therefore, the feature is disabled (showing red color) to safeguard traders from such costly mistakes.
Furthermore, if the “Allow live trading” option is not enabled, the EA will not be able to trade on its own You can always go back to adjust EA settings by clicking on the smiley face and a pop-up window will appear.