Installing forex robots onto the Metatrader 5 platform is an easy process and should only take 5 min of your time.
Naturally, you’ll need to have the MT5 platform installed on your computer or laptop prior to installing MT5 expert advisors (EA’s).
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Are you ready to learn how to install a forex robot in MT5?
Let’s get started…
Step 1: Copy the Expert Advisor To MT5
Open the MT5 trading platform and and click on “File” found on the top menu. Next, click on “Open Data Folder” to proceed.
Double click on “MQL5” to open the folder.
Double click on “Experts” to get access to the experts folder.
Double click on “Advisors” to get access to the advisors folder.
Copy the expert advisor (forex robot) in this folder.
Close and restart MT5.
Step 2: Add the Expert Advisor onto the MT5 chart
Open a new trading chart and drag the desired expert advisor to the chart.
You”ll find all expert advisors in the Navigator – Expert Advisors MT5 window.
Enable the “Allow Automated Trading” box and press ok to activate.
Finally, enable the AutoTrading button on the MT5 platform.
Now, you should see a green play circle in the upper right corner of the trading chart.
It simply means the MT5 robot was installed succesfully!
Congratulations, your forex robot is now up and running!