NCTA.EA

EA Installation Guide

This guide is for MetaTrader 5 on a computer or VPS. Follow the steps in order.

Requirements

1. Download

  1. Log in and open Downloads.
  2. Press the download button for your EA. The link is valid for 5 minutes only; if it expires, request a new link.
  3. The 12-month licence term starts at the first download of that EA.
  4. Copy your licence key from the Licences page.

2. Place the EA file

  1. In MT5: File > Open Data Folder.
  2. Open MQL5 > Experts and place the .ex5 file here.
  3. Go back to MT5, right-click Expert Advisors in the Navigator and choose Refresh.

3. Allow connection to the licence server (required)

  1. Tools > Options > Expert Advisors.
  2. Tick Allow algorithmic trading and Allow WebRequest for listed URL.
  3. Add the address: https://ea.ncta.my
  4. Press OK.

Without this step the EA cannot verify its licence and will not open orders.

4. Attach to a chart

  1. Open an XAUUSD chart.
  2. Drag the EA from the Navigator onto the chart.
  3. On the Inputs tab, paste your licence key in the licence key field (InpNctaLicenseKey).
  4. Set the lot size and other parameters according to your risk. Start on a demo or cent account with small lots.
  5. On the Common tab, tick Allow Algo Trading, then OK.
  6. Make sure the Algo Trading button in the top MT5 bar is green.

5. Check the licence status

The panel on the chart shows the licence status. If the status is not valid:

Status Meaning Action
Valid The licence is active and bound to this account None
Unknown The server could not be reached yet Check WebRequest and your internet; the EA keeps working for up to 72 hours from the last successful check
Invalid Wrong key, unsupported broker or account limit Check the key, broker and number of accounts
Expired / Revoked The licence has expired or been revoked Renew or contact support

Accounts and limits

When a licence expires or is revoked

The EA cancels pending orders and does not open new orders. Most EAs continue to manage open positions until they close. FlipGrid and SuperFlip GavanZ close all positions and orders immediately. Renew your licence before it expires to avoid this.

Warning

An EA is a trading tool, not a guarantee of profit. Read the Risk Disclosure before using real money.