To add an EA to MT5:
- Download the EA file to your computer, it’ll be in an EX5 or MQ5 format.
- Open the MT5 platform and navigate tofileson the top menu.
- Click on “open file data” on the files menu.
- From the file window shown, click onMQL5, then click onExperts.
- Copy and paste the EA file into this folder.
- Navigate back to the MT5 platform, open the navigator window.
- Right-click on “ExpertAdvisors” and click on “Refresh” and the installed EA will be displayed on the list.
How to setup an Expert Advisor (EA) and Algo trading in MT5 5
- From the navigator window, underExpert Advisors, drag the EA you are trying to use and drop it on a chart.
- From the setup pop-up window, check the boxes for “allowmodificationsofsignalsettings” and “allowalgotrading”.
- Click “ok” to save the settings.
How to run a trading robot on MetaTrader 5
- Attach an Expert Advisor to a chart to get started.
- The simplest method is to double-click or drag and drop an Expert Advisor from the navigator to a chart.
- The Expert Advisor Properties window will appear after dragging it to a chart.
- To begin using the Expert Advisors on the chart, click OK.
- The name of the Expert Advisor and the icon will be displayed in the top right corner of the chart if it was successfully launched.
- If the icon is displayed, then you’ll need to run the setup again.