How to Install My Indicators and RA-BOT in MetaTrader 5

This guide covers my 4 indicators (RA-TREND, RA-TREND 2, RA-SIGNAL 2, RA-LEVEL 2) and the RA-BOT assistant. They all work only on MetaTrader 5 and on Windows. The license is tied to the “account number + email” pair that you sent to the bot.

Important: the products do not work on a demo account, only on the real account you linked.

Before you start

  1. Download MetaTrader 5 from your broker’s website.
  2. Log in to your trading account with the account number and password your broker gave you.
  3. Enable the DLL permission once: Tools → Options → Expert Advisors and check “Allow DLL imports”. This way you won’t run into problems later.

Installing an indicator

  1. In MetaTrader 5, open File → Open Data Folder.
  2. Go into the MQL5 folder and then into Indicators.
  3. Copy the indicator file that the bot sent you into that folder.
  4. Close MetaTrader 5 and open it again.
  5. Open the Navigator with Ctrl+N (or View → Navigator). The indicator appears in the Indicators list.
  6. Drag the indicator onto the chart of the instrument you want. The settings window opens: check the DLL box.
  7. In the Inputs tab, enter the email you sent to the bot. Without it, the indicator will not activate. Adjust the rest of the options there as well.
  8. Click OK. Done.

Repeat the same steps with each indicator.

Installing RA-BOT

  1. Open File → Open Data Folder, go into MQL5 and then into Experts.
  2. Copy the RA-BOT file into that folder.
  3. Close MetaTrader 5 (and any open folders) and open it again.
  4. In the Navigator (Ctrl+N), find RA-BOT under Expert Advisors.
  5. Drag it onto the chart. In the settings window, check the DLL box.
  6. In Inputs, enter your email and adjust the parameters, including those of the indicators built into the bot.
  7. Turn on the Algo Trading button (algorithmic trading) in the top toolbar. If it is off, the bot will not manage positions.

How RA-BOT manages the position

In the bot’s panel you define the volume, the take profit and the control level. You can change them later in the panel or by dragging the lines on the chart. From the panel you can also launch the indicators. There are three modes:

Reversal and averaging without a stop loss can greatly increase risk. Use them with a small volume and make sure you understand how they work before trading with real money. Read the risk disclaimer.

If something doesn’t work