From checkout to running in minutes
No coding required. If you can install MetaTrader 5 and drag a file onto a chart, you can run the bot. Here's the whole process.
- 1
Install MetaTrader 5
Open an account with an MT5 broker (an ECN/raw-spread account with tight spreads is strongly recommended) and install the MetaTrader 5 terminal on a PC or a VPS that stays online.
- 2
Open your purchase email
After checkout, Lemon Squeezy emails you your license key and the bot download. Keep that email — it's how you re-download and how you'll activate 20PipBot.
- 3
Add the bot to MetaTrader 5
Copy the bot file into the MT5 Experts folder (Open Data Folder → MQL5 → Experts), then restart MT5 or refresh the Navigator so it appears.
- 4
Attach it to a single M5 chart
Drag the bot onto one M5 chart of a supported symbol. It scans the whole basket from there — never run more than one copy at a time, as they would all size off the same balance.
- 5
Enter your license key & allow web requests
Paste your license key into the bot's inputs. In Tools → Options → Expert Advisors, allow WebRequest for the URLs listed in the setup guide (and https://api.lemonsqueezy.com if your build validates licenses online). Enable Algo Trading.
- 6
Run on demo first
Let it run on a demo account until you're comfortable with how it behaves and how it sizes trades. Only move to a live account when you've seen enough — and only with money you can afford to lose.
Heads up: tight spreads matter enormously for 20-pip trades. A wide-spread account can turn a winning strategy into a losing one. Choose your broker carefully and verify spreads during your demo run.