Installation guide
How to install Speedmax Algo V1.0
Watch the 3-minute video or download the illustrated PDF guide: 16 steps with real screenshots, from download to a running robot on your MetaTrader 5.
Before you start: depositing less than $1,000?
Open a Cent account, not a standard account. On a cent account your balance shows in cents ($100 shows as 10,000), so the robot can size every gold trade at a sensible risk. On a small standard account even the smallest gold lot (0.01) can risk far too much. With $1,000 or more a standard or ECN account is fine.
Most brokers offer Cent accounts: ask for one when you open your MT5 account. This is not financial advice.
Open a Cent account, not a standard account. On a cent account your balance shows in cents ($100 shows as 10,000), so the robot can size every gold trade at a sensible risk. On a small standard account even the smallest gold lot (0.01) can risk far too much. With $1,000 or more a standard or ECN account is fine.
Most brokers offer Cent accounts: ask for one when you open your MT5 account. This is not financial advice.
TradingView indicator (6-month and Lifetime plans)
Your 6-month or Lifetime plan also includes the SpeedMax TradingView indicator: BUY/SELL signals, stop loss, trailing stop, a results dashboard and alerts on your XAUUSD 30-minute chart.
The TradingView link and a 2-minute install video are emailed to you straight after payment, in the email titled "Your SpeedMax TradingView indicator". Can't find it? Reply to your purchase email and we will resend it.
The 16 steps at a glance
- Download the robot click
Download .ex5 fileon the download page or in your email. - Check the download
SPEEDMAX ALGO.ex5is saved in your Downloads folder. Don’t double-click it. - Open MetaTrader 5
File→Open Data Folder. - Open
MQL5. - Open
Expertsand keep the window open. - Copy the robot Downloads → select SPEEDMAX ALGO →
Ctrl + C. - Paste it back in
MQL5 → ExpertswithCtrl + V. - Refresh in MT5 open the Navigator (
Ctrl + N), right-click Expert Advisors →Refresh. - Find it SPEEDMAX ALGO is listed under Expert Advisors.
- Open a gold chart
Ctrl + M→ right-clickXAUUSD→Chart Window(some brokers call it GOLD or XAUUSD.m). - Switch to
M30. - Drag SPEEDMAX ALGO onto the gold chart.
- Common tab: tick
Allow Algo Trading. - Inputs tab: paste your licence key into
LICENCE KEY, press Enter, clickOK. - Switch
Algo Tradingon (green). The blue hat top-right means the robot is attached. - Check the board: balance, risk, trades, the six windows and Licence: ACTIVE.
You need a licence key to run the robot. Without a valid key Speedmax Algo will not trade on a live or demo account and will not run in the Strategy Tester. Your key arrives in your purchase email. One key activates one MT5 account. Get your licence key →
Stuck? Reply to your purchase confirmation email, or write to support@speedmaxalgo.com, and a human will help you.