Projection Indicator Setup Guide
This guide will help you subscribe, activate, install, and set up the Projection Indicator in MetaTrader 5 step by step.
Even if you are new to MT5, you can follow this guide carefully.
Before you begin
Phase 1: Subscription, Verification, and Activation
Choose Your Plan
First, go to the pricing page on our website. You will see the available plans for the Projection Indicator. Choose the plan that suits you best, then complete the subscription process.
Open Pricing PageFill in the Verification Form
After subscribing, you must fill out the verification form. This step is very important because we use this information to activate your license for the correct MT5 account.
Make sure all details are correct. If the MT5 Account ID is wrong, the indicator may not work on your account.
Complete the Payment
After submitting the form, complete your payment. Once the payment is finished, you will receive a Transaction ID. Copy that Transaction ID and paste it into the activation field on the form or payment page.
This helps our team match your payment with your order.
Wait for Activation
After your form and payment are received, our team will verify your details and activate your license.
Activation usually takes: Around 10 minutes to 1 hour during business hours.
Once your license is activated, you can continue to the download step.
Phase 2: Downloading and Installing the Indicator
Check Your License Status
Go to the top navigation area on the website and check your license status. When your license becomes active, a download link for the .ex5 file will appear.
The .ex5 file is the indicator file you need to install in MetaTrader 5.
Open the MT5 Data Folder
Now open MetaTrader 5 on your computer. Then follow these steps:
- Click File
- Click Open Data Folder
This will open the main MT5 data directory on your computer.
Go to the Indicators Folder
Inside the data folder, follow this path: MQL5 → Indicators. This is the folder where MT5 stores indicator files.
Copy the .ex5 File
Take the downloaded .ex5 file and paste it directly into the Indicators folder. Do not place it in the wrong folder.
Restart MetaTrader 5
After pasting the file, close MetaTrader 5 completely and open it again. This is important because MT5 needs to refresh and load the new indicator.
After restart, the Projection Indicator should appear in the Navigator panel under Indicators.
Phase 3: Chart Setup and Platform Configuration
Open the Correct Chart
Open an XAUUSD (Gold) chart in MetaTrader 5. Then set the chart timeframe to M5 (5 Minutes).
This means each candle on the chart represents 5 minutes of price movement.
Add the Indicator to the Chart
Now open the Navigator panel in MT5. Find the Projection Indicator and drag it onto your Gold chart. You can also double-click the indicator name if needed.
After adding it, the indicator should begin working on the chart.
Enable Required MT5 Settings
Some platform settings must be turned on so the indicator can work properly. Go to: Tools → Options → Expert Advisors.
These settings are necessary for the indicator to run and verify the license correctly.
Add the WebRequest URL
Because the indicator needs to verify your license online, you must add the website URL to the WebRequest list. Add this URL:
https://script.google.comWithout this step, the indicator may not activate properly.
Phase 4: Mobile Alerts Setup (Optional)
Set Up Mobile Notifications
If you want to receive alerts on your phone, you can connect your MT5 mobile app. First, open the MetaTrader 5 mobile app on your phone and find your MetaQuotes ID in the app settings.
Then open desktop MT5 and go to: Tools → Options → Notifications and paste your MetaQuotes ID.
After that, enable notifications so you can receive alerts on your phone.
This is optional, but it is useful if you want to stay updated while away from your computer.
Important Notes
Still having issues?
If the indicator is not working as expected after following the steps, please reach out to our technical support team for direct assistance.
