Step 1: Find your MT5 terminal folder. #
Usually: C:\Users<USER>\AppData\Roaming\MetaQuotes\Terminal<ID>
If you have trouble finding it you can click in your MT5 Terminal File -> Open Data Folder
Step 2: Install the Expert Advisor (EA, or Algo) #
Place the .ex5 file into the Indicators folder in your MT5 directory. (….\MQL5\Experts)
Step 3: Restart MT5 or Refresh the Navigator window #
Once MT5 is restarted the EAs show now appear in the “Navigator” window of MT5
Alternatively you can right click inside the Navigator” window of MT5 and click the “Refresh” option.
Step 4: Add Desire To Trade Validation server to allow domains list #
To use the EAs you will need to allow web requests from https://www.desiretotrade.com
First, you need to open Tools>Options and click on the “Expert Advisors” tab.
Once there you need to check “Allow WebRequest from listed URL:”
And then add the https://www.desiretotrade.com URL to the list.
Step 5: Enable Automated Trading in MT5 #
Make sure that “Allow automated trading” is checked in the “Expert Advisors” tab of the options
Step 6: Verify Automated Trading Is Enabled in MT5 #
Check that your Automated trading icon is turned on (this is a quick way to check if automated trading is allowed)
If the icon shows the stop icon then you can click on it to enable automated trading.
If automated trading is allowed then the icon will look as follows
Enable Automated Trading in the Expert Advisor (EA) #
Finally, make sure that your individual EA has trading permissions by going to the EA settings and making sure that the option is checked as shown below.
Once the steps are done you should see the Blue Hat in your EA
Auto Trade Enabled (Blue Hat)
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