MetaTrader 5 · Setup guide
MetaTrader 5Indicator & EA Guide
New to MetaTrader 5 (MT5)? This quick guide shows how to install and run a custom indicator or Expert Advisor (EA) — the steps are the same for every KenKem MT5 product. Watch the short video below, and read the official MetaQuotes walkthrough for the full details: How to use MetaTrader 5 →
📈Install an indicator
- In MT5, open File → Open Data Folder, then go to
MQL5/Indicatorsand copy the indicator's.ex5file there. - Restart MT5, or right-click the Navigator → Indicators list and choose Refresh.
- Open the chart you want, then drag the indicator from the Navigator onto it (or double-click it).
- Adjust the inputs, then click OK. You can click Save to store your own settings as a
.setfile and Load them again later.
🤖Install an Expert Advisor
- In MT5, open File → Open Data Folder, then go to
MQL5/Expertsand copy the EA's.ex5file there. - Restart MT5, or right-click Navigator → Expert Advisors → Refresh.
- Drag the EA onto a chart. In the dialog's Common tab, tick Allow Algo Trading; in Inputs, keep the defaults or set your own parameters and click Save to store them as a
.setfile (then Load to reuse them later). - Enable the global Algo Trading button in the toolbar. A small smiling face on the chart means the EA is live.
To test an EA before going live, use View → Strategy Tester with Every tick based on real ticks for the most realistic modelling.
📚Read & watch more
For the full, official instructions on installing and using indicators and Expert Advisors, read the MetaQuotes guide: mql5.com/en/articles/994.
The video above is part of a step-by-step MetaTrader 5 tutorial playlist.