I have the problem where no matter what drive I install MT4 the data folder is always located on the main drive (C: in my case). This is terrible since my C drive is almost full! I can't store history files so I cannot backtest. There needs to be a way to relocate the data folder to another drive and mt4's reference to it.
Is there a way?
(Re-) Install your mt4 on a different hd and start it (see honest_knave) in portable mode.
Then almost everything is on the new hd in the new folder
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