This is step by step, how to install MetaTrader 5 Indicators. Once you get .mq5 or .ex5 files of the indicator you need to place indicator in the right place before usage. Follow step by step how to installation.
Step 1. Make sure you have download your .mq5 or .ex5 files of the indicator.
Step 2. Go to your MetaTrader platform’s folder (usually, it’s installed C:\Program Files\MetaTrader 5).
Step 3. Enter the MQL5 folder:
Step 4. Enter Indicator Folder:
Step 5. Now create folder for indicator and place indicator in it, or just paste indicator in Indicators folder:
Step 6. If you had .ex5 file (compiled indicator) skip this step! If you had .mq5, You need to restart your MetaTrader platform for automatic compilation.
Step 7. Turn on MetaTrader 5 platform, double click on indicator to add it on chart, or grab indicator and drop it on chart. Example ParabolicSAR.
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