Installation Instructions

Step 1

Install COT Update

Install the COT Update application. Simply use the installer’s default settings — there is no need to change the installation folder.

Step 2

Locate your MetaTrader Data Folder

Locate your MetaTrader data folder. To do this, open MetaTrader and select File menu – Open Data Folder:

This will open your MetaTrader data folder in Windows File Explorer:

Make a note of the folder location, or copy it to your clipboard from File Explorer:

Step 3

Install the COT Indicators

EXE Installer

Install the COT Indicators to the MetaTrader data folder that you located above:

Do NOT attempt to install the indicators directly to the /MQL4/Indicators folder! Select the top-level folder that contains the MQL4 folder, and the installer will find the /MQL4/Indicators folder automatically.

ZIP Installer

Alternately, you can download the COT Indicators in a ZIP file, and unzip the contents directly to your /MQL4/Indicators folder. Use this method if you’re having trouble using the EXE installer above.

Repeat steps 2 and 3 for each MetaTrader installation on your computer that you’d like to use the indicators in.

Step 4

Setup COT Update

Open the COT Update program. You will be prompted to enter your serial number or start a 14-day trial. The setup wizard will appear. You can use the default values provided by the wizard if you’re not sure.

After the setup wizard is finished, the COT data will be downloaded automatically. Your indicators are now functional!


If you have any questions about the configuration or usage of the COT Indicator Suite, please read the documentation. You can open the documentation from COT Update by selecting Help menu – Documentation. You can also find the documentation in your Windows Start menu under the COT Update 2 folder.