Download the EA file to your computer, it’ll be in an EX5 or MQ5 format.
Open the MT5 platform and navigate to files on the top menu.
Click on “open file data” on the files menu.
From the file window shown, click on MQL5, then click on Experts.
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, under Expert 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.
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