AlgoWayWS-MT5 — Setup Guide (MT5)

This page is a setup guide. It covers only what you need to get AlgoWayWS-MT5 installed and connected: Auto Installer vs Manual install, the required MT5 settings Allow algorithmic trading and Allow DLL imports, and EA activation.

Contents


📺 Video Tutorial: How to Connect TradingView to MetaTrader 5

1) Option A — Auto Installer (recommended)

Download the installer from here https://algoway.trade/downloads/AlgoWayWS-MT5-Setup.exe

2.1 Close MT5 before installing

MetaTrader must be closed, otherwise files can be locked.

Close MetaTrader 5 before installation
Installer will block until MT5 is closed.
2.2 Portable question (most users click “No”)

If you do not intentionally use MT5 portable mode — click No. Portable mode is for advanced users running MT5 from a custom folder.

is it portable
2.3 Install → Finish

Proceed with the installation and finish the setup.

MT5 Portable question Ready to Install
Finish screen confirms where files were installed/exported.

3) Option B — Manual install

What gets installed

The setup installs 4 files into your MT5 Data Folder:

  • MQL5\Experts\AlgoWayWS-MT5.ex5
  • MQL5\Include\asyncwinhttp.mqh
  • MQL5\Include\asyncwebsocket.mqh
  • MQL5\Libraries\asyncwinhttpwebsockets.dll

For manual installation download https://algoway.trade/downloads/EA_payload.zip


Use manual install only if you cannot run the installer. You will copy the same files into the MT5 Data Folder.

3.1 Open MT5 Data Folder
  • MT5 → FileOpen Data Folder
  • Open the MQL5 directory
3.2 Copy files into correct subfolders

Copy each file into its exact folder:

  • ExpertsAlgoWayWS-MT5.ex5
  • Includeasyncwinhttp.mqh, asyncwebsocket.mqh
  • Librariesasyncwinhttpwebsockets.dll
Experts folder Include folder Libraries folder

4) Required MT5 options

Before using the EA, open: MT5 → Tools → Options → Expert Advisors

4.1 Enable required options
  • Enable: Allow algorithmic trading
  • Enable: Allow DLL imports
  • Click OK
MT5 Options

5) Activate the EA in MT5

5.1 Attach EA to a chart
  1. Open any chart.
  2. Navigator → Expert Advisors → drag AlgoWayWS-MT5 onto the chart.
EA Inputs
5.2 Enter your webhook UUID

In Inputs, fill Your Algoway Webhook here with your webhook UUID, then click OK.

MQL5 folder structure
5.3 Confirm connection
  • Check the Experts tab for connection logs.
  • On the chart, the EA label/status should indicate Connected.

6) Where to find full EA documentation

Open Data Folder

This setup page intentionally does not duplicate the main EA documentation. For full options (risk, trailing, mapping, sessions, etc.), use:

Important Info — Required Microsoft Visual C++ Runtime

Required before installing AlgoWayWS-MT5: install Microsoft Visual C++ Redistributable (VC++ v14). If it is not installed, the EA/DLL can fail to load and errors will appear in the MT5 Experts log.
Note: The latest supported VC++ v14 package supports Windows 10/11 and Windows Server 2016/2019/2022/2025. On Windows 7 this installer may not run.