2. Installation

In this chapter you will learn how to install the MetaTrader 5 software and the EA.

2.1. MetaTrader 5

Basically, 3 steps are necessary:

  1. Download MetaTrader: Download Link

  2. Run the installation with a double click on mt5setup.exe

  3. Open the program and enter the ICMarkets (or your broker) account details. The third step can be little bit confusing since ICMarkets offers many regulatory servers. Below, you can find a summary of the steps in one image.

../_images/account_details_entering.png

2.2. Installing AI for Gold

In case you purchased AI for Gold from the MQl market:

Please use the MQL5 market to install AI for Gold in your terminal.

  1. Open the market

  2. Open the AI for Gold Product

  3. Click on Download

Finally, you should be able to see AI for Gold EA in the list inside your “Market” group.

In case you downloaded AI for Gold from the VIP area:

  1. Open the data folder

../_images/open_data_folder.png

  1. Copy the downloaded ex5 file into the opened folder

  2. Open the navigator

../_images/open_navigator.png

  1. Right-click on “Experts” then click on “Refresh”.

../_images/ea_refresh.png

Now you are ready to use AI for Gold!

But do not hurry yet. Please have a look at the Configuration Chapter next. There you can see how to taylor the EA risk to your account and your needs.

2.3. Updating AI for Gold

  1. Download the new version from the VIP area

  2. Extract the file *.ex5 file (for example AI_for_Gold_v171_2023_10_15.ex5) into your MQL/Experts directory

  3. Repeat the steps from above and drag the new version file on your XAUUSD (or Gold) 15 Minutes chart.