Can I use an Expert Advisor (EA)? How do I set it up?

Updated 4 months ago

Yes. Please follow the steps below:

Save your Expert Advisor in the Experts folder in the MT5 directory on your computer. This is usually found under C:\Program Files\MetaTrader5\MQL5\Experts\Advisors
Restart MT5
The Expert Advisor file should appear in the navigator window in MetaTrader
Click on it and drag it onto a chart of the symbol where you would like to use the EA
In the 'Properties' window, tick 'Allow Auto trading'
Navigate to 'Tools' -> 'Options' -> 'Expert Advisors' tab
Tick 'Allow automated trading'
Click 'OK'

You should now be able to see a symbol with a green circle in the top right-hand corner of your chart indicating that you have activated your EA correctly.

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