How to install RavandFX on MetaTrader 5

Before you start

You need:

• MetaTrader 5 for desktop on Windows, macOS, Linux or a VPS, with any broker. The MetaTrader mobile app can't run Expert Advisors.
• Your MT5 account number, demo or live. Your licence is linked to it.
• An email address for your licence key.

Step 1: Set your money management rules

1. Open the RavandFX page and click Free trial, or choose a paid plan.
2. Enter your email and your MT5 account number.
3. Pick a starting point (Cautious, Balanced or Bold), then set your rules: risk per trade, trades per day, daily profit target and daily loss limit, the pause after every trade (10 or 15 minutes) and the stop-loss lock.
4. Tick both boxes and confirm.

These rules are now locked into your licence. Making a rule stricter is allowed at any time and applies right away. Any other change is allowed once every 30 days and applies 24 hours after you ask, and you can cancel it until then. If you're not sure what numbers to choose, read the forex money management rules first.

Step 2: Copy your licence key from the email

Open the email titled "Your RavandFX licence key" and copy the key. It starts with RVD-.

Step 3: Sign in and download the EA

Go to my.ravandfx.com, sign in with your email and licence key, and click Download the EA. This page is also where you change your MT5 account, release a device or resend a lost key.

Step 4: Put the EA on your chart and paste the licence key

1. In MetaTrader 5, open File › Open Data Folder, then MQL5 › Experts.
2. Copy the downloaded RavandFX .ex5 file into the Experts folder.
3. In the Navigator, right-click Expert Advisors and choose Refresh.
4. Drag RavandFX onto the chart of the symbol you trade, for example XAUUSD.
5. Tick Allow Algo Trading, open the Inputs tab, paste your licence key into the licence key field and click OK.

These are the same steps you use to install any Expert Advisor in MT5. The only part that is specific to RavandFX is the licence key.

Step 5: Allow WebRequest

1. Open Tools › Options › Expert Advisors.
2. Tick Allow WebRequest for listed URL.
3. Add https://my.ravandfx.com and click OK.

The panel footer changes to Active, with the days left on your licence. You're done.

Check that your rules are live

The top row of the panel shows the rules you locked: risk per trade, trades used today, and your daily profit and loss against their limits. Press Buy or Sell, then Add: the entry, stop and target lines appear on the chart, and the lot size is already calculated from your risk.

Practise for a few days on a demo account first. Once the licence is active on a computer, you can also use RavandFX in the MT5 Strategy Tester on that computer to practise on historical data.

New MT5 account, computer or VPS

• New MetaTrader account: change the account number on my.ravandfx.com, up to 2 times every 30 days. Trial licences can't change account.
• New computer or VPS: open Device on my.ravandfx.com and click Release device, up to 3 times every 30 days, then attach the EA on the new MetaTrader and repeat steps 4 and 5.

Troubleshooting

What you see	What to do
The panel says "connecting…"	Check that https://my.ravandfx.com is in Tools › Options › Expert Advisors › Allow WebRequest, then click ? › Refresh licence on the panel
RavandFX isn't in the Navigator	Make sure the .ex5 file is in MQL5 › Experts, then right-click Expert Advisors › Refresh
The licence is refused	The EA runs only on the MT5 account linked to your licence. Check the account number on my.ravandfx.com
Buttons don't open trades	Turn on Algo Trading in the MetaTrader toolbar and check that the EA's icon in the top-right corner of the chart isn't grey

Still stuck? Email support@ravandfx.com with your licence key, your MT5 account number and a screenshot of the Experts tab.