Getting Started
Getting started
What you receive after purchase, what you need to run an Algo Market Labs® system, and how to prepare a clean first deployment.
4 min read
What you receive#
After a successful payment, an order confirmation email is sent to the address used at checkout, with the license key and the download link; both are also shown on the confirmation page.
- License key: a unique key bound to your license. It is entered in the EA input InpLicenseKey and activated on up to 2 MT5 accounts (demo or live).
- Expert Advisor archive (.zip): the compiled system (.ex5) and its default presets (.set), downloadable with the link in the confirmation email.
- Documentation: installation, configuration and risk management guides (this documentation center).
Requirements#
| Component | Requirement |
|---|---|
| Platform | MetaTrader 5 desktop terminal, build 4000 or later |
| Operating system | Windows 10 / 11 (64-bit) or a Windows VPS |
| macOS | Supported through the MT5 build for macOS provided by MetaQuotes or your broker, or by running the terminal on a Windows VPS |
| Broker account | Any MetaTrader 5 broker; raw-spread / ECN account recommended |
| Capital | Depends on the system and the risk setting: about 500 USD for NOVA (default setting, 2% risk); with a higher risk than the default setting, 500 USD for APEX (Dynamic profile), 2,000 USD for QUANTIS (4% risk), 3,000 USD for VECTOR X1 (level 5). Amounts obtained with the minimum positions of our test account. See Risk management > Capital and minimum position |
| Internet access | Required for the license check (HTTPS) and for trading |
Recommended setup#
- Windows VPS located close to your broker's trade server, so the terminal runs 24/5 with low latency and without dependency on your personal computer.
- Raw-spread or ECN account, to keep transaction costs low relative to the average trade.
- A dedicated MT5 terminal installation per broker account, to keep logs, profiles and presets separate.
- Sufficient free margin for the instruments you trade; index and cryptocurrency contracts often have higher margin requirements than FX majors.
First-run checklist#
- 1
Install the terminal
Install MT5 from your broker and log in to a demo account first.
- 2
Install the EA
Copy the .ex5 file into MQL5\Experts as described in the Installation guide.
- 3
Allow the license server
Add the license server URL to the WebRequest list in Tools > Options > Expert Advisors.
- 4
Attach and configure
Attach the EA to its recommended chart (NOVA: ETHUSD, H4; APEX: NAS100, M5 recommended; QUANTIS: BTCUSD, H4; VECTOR X1: XAUUSD, H4), enter your license key and choose the risk setting that fits your capital (capital table in Risk management). For APEX on a 500 to 1,000 USD account, the default Standard profile skips 20% of the signals at 1,000 USD and almost all of them at 500 USD; the Dynamic profile (InpRiskProfile = 2) takes them, with twice the exposure and the risk.
- 5
Verify initialization
Confirm in the Experts tab that the license is reported as valid and that no errors are logged.
- 6
Observe
Let the system run on demo for several weeks before considering a live account.
Start on a demo account#
Always run a new system, a new configuration or a new broker on a demo account first. This validates the installation, the license activation, symbol names, contract specifications and session times before any capital is at risk.