Getting Started with Automated Trading: MT5 Setup & EA Installation Guide
ByTamer FX
March 13, 2026
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Automated trading lets you trade 24/7 without human intervention using an Expert Advisor (EA). This guide walks you through the entire process from MT5 installation to EA activation.
Setup Steps
Step 1
Broker Account
MT5-compatible broker
Step 2
MT5 Install
Download platform
Step 3
EA Upload
.ex5 file
Step 4
License
Activation
Ready!
Trading
Auto-starts
Step 1: Open a Broker Account
Broker Selection Criteria
- MT5 Support: Your broker must support the MetaTrader 5 platform
- Hedge Account: Select "Hedging" account type (not Netting!)
- Low Spread: Prefer ECN or Raw Spread account types
- 1:100+ Leverage: Sufficient leverage needed for EA's SPM system
- VPS Support: VPS recommended for 24/7 operation
Step 2: MT5 Installation
Download MT5
Download and install MT5 from your broker's website or MetaQuotes.
Login to Your Account
File → Login to Trade Account → Enter broker server, account number and password.
Enable Algorithmic Trading
Tools → Options → Expert Advisors → Check "Allow Algorithmic Trading".
Enable DLL Imports
On the same page, check "Allow DLL imports" (required for some EAs).
Step 3: EA Upload
EA File Placement
Open MQL5 Folder
In MT5: File → Open Data Folder → MQL5 → Experts
Copy EA File
Paste ByTamerFX.ex5 into the Experts folder.
Refresh MT5
Right-click on Expert Advisors in Navigator panel → Refresh
Drag EA to Chart
Find ByTamerFX in Navigator, drag it to any symbol chart.
Step 4: License Activation
Enter Your License Key
Format: BYTM-FXddmm-YYYY-TAseq-TYPE
Automatic Verification
EA validates your license with bytamer.com server
Trading Begins!
EA starts analyzing markets and opening trades automatically
VPS Recommendation
24/7 Uptime
Low Latency
Uninterrupted
PC Can Be Off
Ready to start? Get your ByTamer FX license, follow this guide, and start automated trading in 10 minutes. Need help? Reach us on Telegram Support.