How to install and use an EA in the Meta Trader 5 (MT5) Platform

How To Install, Use An Expert Advisor, Meta Trader 5 Platform, Traders Hope Smart EA

To Add An Expert Advisor:

1- Download the EA file to your computer. It will be .ex5 format.

2- Open the MT5 platform and go to “File” in the top menu.

3- Click “Open file data” on the file menu.

4- In the file window, double click on MQL5, open Experts folder then open Advisors folder.

5- Copy and paste the EA file into this folder.

6- Return to the MT5 platform and open the Navigator window.

7- Right-click on Expert Advisors and click Refresh. Installed EAs will be displayed in the list.

To Setup An Expert Advisor & Algo Trading:

1- From the navigator window, under Expert Advisors, drag the EA you are trying to use and drop it on a chart.

2- A setup pop-up window will appears, check the boxes for “allow modifications of signal settings” and “allow algo trading”.

3- Click “ok” to save the settings.

To Run An Expert Advisor:

1- Open the asset or currency pair chart where you want to use the EA then select timeframe of the chart.

2- 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.

3- The Expert Advisor Properties window will appear after dragging it to a chart.

4- To begin using the Expert Advisors on the chart, click OK.

5- 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. (Check the image below)

How to install and use an EA in the Meta Trader 5 (MT5) Platform

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