BCB Elevate Trading

Smart Trader Plus

Smart Trader Plus setup guide

From registration to the EA running on your chart in about 15 minutes.

Test on any broker's demo account.

Your license

Before you start

  1. 1

    Prepare your MT5 account

    ~3 min

    Your license is linked to one MT5 account. Note these two details — you need them at checkout.

    1. Open MT5 and click File → Login to Trade Account.
    2. Write down your MT5 account ID (the Login number, e.g. 10001234).
    3. Write down the exact Server name (e.g. Exness-MT5Trial8). Copy it letter for letter.
    Free demoUse an MT5 demo/trial account from any broker.
    You'll know it worked when…You have your account ID and exact server name written down.
    Common mistakeTypos in the server name. If the server you register differs from your MT5 server, the license check fails.
  2. 2

    Register your license at checkout

    ~3 min

    On the pricing page, pick your plan and enter the MT5 details from the previous step.

    1. Open the pricing page and choose your plan.
    2. Enter your MT5 account ID and the exact server name.
    3. Submit the form. Paid plans are activated once your payment is confirmed.
    You'll know it worked when…You see “Registration Complete”, and the license card at the top of this page shows your plan after you sign in.
    Common mistakeRegistering a demo account on a live plan (or the other way round) — the server will refuse it.
    Open pricing page
  3. 3

    Download and install the EA file

    ~3 min

    Download the EA from your license card, then put it in MT5's Experts folder.

    1. Download SmartTraderPlus.ex5 using the button in “Your license”.
    2. In MT5 click File → Open Data Folder.
    3. Open MQL5, then Experts.
    4. Paste SmartTraderPlus.ex5 into the Experts folder.
    5. Back in MT5, right-click Expert Advisors in the Navigator and click Refresh.

    Your license

    You'll know it worked when…The EA appears under Expert Advisors in the Navigator (press Ctrl+N if the Navigator is hidden).
    Common mistakePasting the file into MQL5 instead of MQL5 → Experts, or forgetting to Refresh.
  4. 4

    Allow the license connection (WebRequest)

    ~2 min

    Smart Trader Plus checks your license over the internet, so MT5 must be allowed to talk to our website.

    1. In MT5 click Tools → Options (or press Ctrl+O).
    2. Open the Expert Advisors tab.
    3. Tick “Allow WebRequest for listed URL”.
    4. Double-click the green + and add this exact address:
    5. Click OK.
    You'll know it worked when…The address is in the list with the box ticked.
    Common mistakeA typo in the address or a missing https:// — the EA then shows “Please allow WebRequest” and won't start.
  5. 5

    Attach the EA to your chart

    ~2 min

    Load the EA onto the chart you want it to trade.

    1. Open the chart you want to trade.
    2. In the Navigator, open Expert Advisors and drag SmartTraderPlus onto the chart.
    3. In the window that opens, go to the Common tab and tick “Allow Algo Trading”. Click OK.
    4. Make sure the Algo Trading button in the toolbar is green.
    5. First run only: the “SMART TRADER PLUS INITIALIZATION” screen asks for your Virtual Capital. Type the capital to trade with (a number above 0) and click SAVE & START TRADING.
    You'll know it worked when…The Smart Trader Plus dashboard shows “System Ready. Waiting for signals.” and the ON button is green.
    Common mistakeAlgo Trading switched off in the toolbar — the corner shows a sad face and nothing trades.

What the dashboard shows

Tap any number or button to see what it means.

Smart Trader Plus Fully Automated v7.83ON

Profit

PNL+$0.00
Today+$0.00
Max Win0
Max Hit RR1:3.0
Est Lot0.84

Risk

Risk-$0.00
Max DD-$128.30
Today DD-$0.00
Free Mrgn$9,971.74
Spread$0.16

Recovery

Live RRN/A
Next $$210.04
Active-
Cycle Loss$100.04
Mrgn OKYES
Open Risk ProfileCLOSE ALL STP TRADESALERTRSTON / OFF
ON / OFFON re-checks your license first. OFF during recovery asks for confirmation, because stopping leaves the loss unrecovered.
  • ON / OFF: ON re-checks your license first. OFF during recovery asks for confirmation, because stopping leaves the loss unrecovered.
  • Cycle Loss: Loss in the current recovery cycle. Recovery trades aim to win this back plus the target.
  • Next $: In Exact Dollar mode, how much the next recovery trade aims to make.
  • Max DD: Deepest drawdown recorded since you started.
  • Mrgn OK: YES = enough free margin for the next recovery lot.
  • RST (reset): Ends the recovery and returns to normal trading. The cycle loss is NOT recovered — use with care.
  • Close all: Closes Smart Trader Plus's trades on this chart.

How your license works

Built so a website problem never stops your trading, and a trade or recovery is never abandoned.

  • Your license is checked when the EA starts and every 4 hours after that.
  • If our server is down, the EA keeps trading and retries after 1, 5 and 15 minutes, then hourly — no popups.
  • After a restart it can start without the server for up to 3 days after your license was last confirmed.
  • If your license ends (or the server is down for 24 hours), the EA never abandons an open trade or recovery — it finishes it first, then stops.
  • Backtesting in the MT5 Strategy Tester is disabled.
  • If your license ends during recovery (SL1, SL2…), it keeps recovering (SL3, SL4…) until the cycle completes, opens no new cycle, then stops.
  • After that, press ON — it re-checks the license before trading again.

Troubleshooting

Find what you're seeing, then follow the fix.

“Please allow WebRequest” / error 4060 or 4014

Why: MT5 is not allowed to contact the license server.

  1. Tools → Options → Expert Advisors.
  2. Tick “Allow WebRequest for listed URL” and add https://www.bcbelevatetrading.com exactly.
  3. Click OK, then remove and re-attach the EA.
Watch the step →
“License check failed” / “License inactive” on startup

Why: The MT5 account or server on the chart doesn't match your registration, the plan isn't confirmed yet, or the license has ended.

  1. Check File → Login to Trade Account: account ID and server must match what you registered.
  2. Open My products to see your plan status.
  3. If everything matches, send us a screenshot of the Experts tab.
Watch the step →
Sad face / greyed hat in the chart corner

Why: Algo trading is switched off.

  1. Click the Algo Trading button in the toolbar so it turns green.
  2. Right-click the chart → Expert list → Properties → Common → tick “Allow Algo Trading”.
Watch the step →
The EA is not in the Navigator

Why: The file is in the wrong folder or the list wasn't refreshed.

  1. File → Open Data Folder → MQL5 → Experts: the .ex5 file must be here.
  2. Right-click Expert Advisors in the Navigator → Refresh.
Watch the step →
“License server unreachable” in the Experts tab

Why: Our website or your internet was briefly unavailable.

  1. Nothing to do — the EA keeps trading and retries automatically.
  2. If it lasts more than a day, check your VPS internet connection and contact us.
“FATAL: SET VIRTUAL CAPITAL IN INPUTS!”

Why: Virtual Capital is 0.

  1. Click the ON button to open the setup screen.
  2. Enter your trading capital and click Save.
Watch the step →
Orange status “License inactive – completing recovery (SL2)”

Why: Your license is inactive while a recovery cycle is open.

  1. Nothing is abandoned: recovery continues until the cycle completes, then the EA stops.
  2. Renew your plan, then press ON.
Pressing ON shows “License inactive. Contact Support.”

Why: ON checks your license first and it isn't active.

  1. Check your plan in My products.
  2. Contact us if it shows active.

Questions

What is Virtual Capital?

The capital Smart Trader Plus sizes its risk from. Set it on the first-run setup screen.

Does it trade over the weekend?

Trades stay open over the weekend; there is no Friday auto-close in v7.83.

Can I stop it during recovery?

Yes, but you'll get a warning: stopping leaves the cycle loss unrecovered.

Can I backtest it?

No. Backtesting is disabled; use the free demo plan.

Related guides

VPS setupAccount & broker

Still stuck?

Send us a message with a screenshot of your MT5 Experts tab and we'll sort it out.

WhatsApp support Contact page