MetaTrader 5 Expert Advisor guides

Free guides for MetaTrader 5 EA traders: installation, brokers, VPS, backtesting, setfiles, lot size and risk, and prop firm rules.

• How to install an Expert Advisor (EA) on MetaTrader 5

  Step-by-step guide to installing a MetaTrader 5 Expert Advisor: copy the .ex5 file, load the setfile, enable Algo Trading, and fix the most common problems.

• How to choose a forex broker for an Expert Advisor

  What to check before running a MetaTrader 5 EA on a live account: EA permission, spreads, execution, symbol names, hedging, leverage and regulation.

• Do you need a VPS to run a MetaTrader 5 Expert Advisor?

  Why an EA needs MetaTrader 5 running around the clock, what a trading VPS is, how to choose one, and how to move your EA onto it.

• How to backtest an Expert Advisor in the MetaTrader 5 Strategy Tester

  Step-by-step Strategy Tester guide: choose the model, date range and deposit, read the report, and avoid the common backtesting mistakes.

• EA setfiles and input settings explained

  What a .set file is, how to load and save one, and what common Expert Advisor inputs such as lot size, magic number, stop loss and max spread mean.

• Lot size and risk management for Expert Advisors

  How to size positions for an EA: the risk-percent formula, why drawdown matters, and sensible rules for demo testing and going live.

• Using Expert Advisors with prop firm challenges: what to check

  Prop firms differ on EA rules. Learn what to verify first: allowed strategies, drawdown limits, news and holding rules, and platform requirements.

• Running an Expert Advisor on gold (XAUUSD): what to check first

  Gold behaves differently from currency pairs. Learn about contract size, spreads, volatility, news risk and symbol naming before running a MetaTrader 5 EA on XAUUSD.

• Scalping Expert Advisors explained: how they work and what they need

  What a scalping EA is, why spreads, execution speed and broker rules matter so much, and how to run one on MetaTrader 5 with a VPS.

• Fix common MetaTrader 5 Expert Advisor errors

  Why an EA does not trade or shows errors in MetaTrader 5: Algo Trading disabled, invalid stops, not enough money, market closed and unsupported filling mode.