How to Install MQ5 Indicator: A Step-by-Step Guide for Forex Trading
Installing a MetaTrader (MT4 or MT5) indicator on your trading platform is a simple process. Once the .ex4 or .ex5 file that you downloaded is located on your computer, simply open your MT4 or MT5 platform and click on “File”, then “Open Data Folder”. This will open the folder where all the files for your MT4/MT5 platform is stored. Then simply drag and drop (copy/paste) the indicator .ex4/.ex5 file into the “Indicators” folder. Restart your MetaTrader platform and the indicator should now be installed. Once restarted, open the “Navigator” window if it’s not already open and you should see the indicator under “Indicators”. You can then attach the indicator to any chart on your platform and start using it.