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PrismAlgo Support Center

Get connected. Keep it running.

Every setup step, license answer and MT5 message in one place, and a direct line to the team when you need one.

Or contact the teamWe reply within 24 hours, with priority for Complete and Lifetime VIP.

Quick start

Set it up once. Then let it run.

Four steps from your download to Connected. Keep MT5 online and the cloud does the rest.

  1. 01

    Get your files and key

    In the Member Zone, download the current package, find your license key and authorize your MT5 account number.

  2. 02

    Into the right folders

    In MT5, choose File → Open Data Folder. The EA goes in MQL5 → Experts, and the PrismConnectV2 connector in MQL5 → Libraries.

  3. 03

    Allow it to trade

    Tick the imports box in Tools → Options → Expert Advisors and in the EA’s Dependencies tab (My Licenses in your Member Zone shows both), then switch on Algo Trading.

  4. 04

    One chart runs it all

    Attach PrismAlgo to one EURUSD chart on the H4 timeframe and paste your license key. Connected on the panel’s bottom line means PrismAlgo can reach the cloud.

Connected, but no trades yet? Check these five.

  • Algo Trading is on, in the toolbar and in the EA
  • The imports box is ticked in both places
  • This MT5 account number is authorized
  • It’s a hedging account, not netting or FIFO
  • The markets you want are switched on

All five fine? The cloud trades only when conditions line up, and the Experts tab names the reason for any skipped entry. Read the full answer

01 · 8 answers

Installation. Two files, one chart.

The right files, in the right MT5 terminal.

PrismAlgo.ex5
MQL5\Experts
PrismConnectV2 connector
MQL5\Libraries

Stuck on a step? Ask the team

Where do I put the PrismAlgo files?

In the MT5 terminal you will actually use, choose File → Open Data Folder. Put the PrismAlgo EX5 file in MQL5 → Experts and the PrismConnectV2 connector file in MQL5 → Libraries, not in Experts.

If you have several MT5 installations, use Open Data Folder from this terminal rather than guessing its folder.

Refresh the Navigator or restart MT5, then attach the EA.

How do I let PrismAlgo connect to the cloud?

Tick the imports box in both places: Tools → Options → Expert Advisors in MT5, and the Dependencies tab of the EA properties when attaching PrismAlgo. My Licenses in your Member Zone shows both once you sign in.

PrismAlgo connects to the cloud through its PrismConnectV2 connector file, which must also be in this terminal’s MQL5 → Libraries folder.

How do I enable Algo Trading?

Enable the Algo Trading button in the MT5 toolbar and allow algorithmic trading in the EA properties. The terminal permission and the EA permission both need to allow trading.

If attachment still fails, read the Experts tab for the actual error.

Which chart and timeframe should I use?

Attach PrismAlgo to one EURUSD chart on the H4 timeframe. Keep it simple: one chart, EURUSD, H4.

That one chart runs every market you have switched on, so you don’t need an EA on every pair or a second PrismAlgo in the same terminal.

Can I run PrismAlgo from a Mac?

Yes, through Windows. PrismAlgo runs in MetaTrader 5 for Windows, and the Mac version of MT5 isn’t a supported setup.

Run MT5 on a Windows VPS and open it from your Mac, or run Windows on your Mac with virtualization software.

Do I need a VPS?

We recommend one. PrismAlgo trades through your MT5 terminal, so MT5 has to stay open and online. A Windows VPS you log in to keeps it running around the clock, even while your own computer is off (MetaQuotes’ built-in Virtual Hosting can’t run PrismAlgo).

Your own PC works too: just stop it from sleeping and keep it connected.

How do I install an EA update?

Download the current package from your account and follow its installation guide.

Use File → Open Data Folder in the correct MT5 terminal, then replace the EA and connector files in their folders. Back up your existing files and settings first.

Cloud strategy updates are automatic; an EA software update can need this manual installation.

How do I install the free trial?

Download it from prismalgo.com/free-trial on the Windows PC or VPS where MT5 runs, and unzip it. In MT5 choose File → Open Data Folder and drag the zip’s MQL5 folder into that window, merging it.

Switch on Algo Trading and tick the boxes in the setup guide we email you, then attach the free trial to one EURUSD chart on the H4 timeframe, on a demo account.

The panel shows FREE TRIAL and the days left. No license key is needed.

02 · 7 answers

License. Your key. Your account.

Your license and active MT5 account slots.

Active MT5 accounts per license

  • 1Starter Forex
  • 2Complete
  • 5Lifetime VIP

Open the Member Zone

Where do I find my license key?

Sign in to the Member Zone with the account used for your purchase. Paste the full license key from your dashboard into the EA’s license input, without extra spaces. Your download and license details are available through your account.

How do I authorize my MT5 account number?

In the Member Zone, open license management and enter the account number shown by your broker’s MT5 terminal. This is your MT5 trading account number, not an order number.

Make sure it matches the account currently logged in to MT5 before attaching PrismAlgo.

Can I move to a different broker or account?

Yes. Your license isn’t locked to one account: you update the authorized MT5 account number yourself in the Member Zone. In My Licenses, enter the new account number and save.

Starter and every monthly plan allow one successful account-number change per rolling 24 hours. Complete and Lifetime VIP allow flexible changes any time, within their active account limits. The new broker account must be compatible with PrismAlgo.

How many accounts can I run?

Starter Forex includes 1 active MT5 account with Forex access. Complete includes 2 active accounts with Forex, Gold and Bitcoin. Lifetime VIP includes 5 active accounts with those markets and access to the private VIP Telegram group.

That’s how many run at the same time. You’re not locked to one account: you change the authorized account numbers yourself in the Member Zone.

See Pricing for current plan details.

My license shows as invalid. What should I check?

Check the complete key, its status in the Member Zone, the authorized MT5 account number and the terminal’s connection. Save the exact Experts-tab message if it still fails.

Contact us privately from the email used for your purchase; don’t post your license key in a public chat.

Where do I see how many days I have left?

On the PrismAlgo panel in MT5: FREE TRIAL at the top right, the days left beside it, and the closing time once the 14 days are up. The free trial has no website account, so it does not appear in the Member Zone.

How do I move from the free trial to a license?

Choose a license at Pricing. In the Member Zone, authorize the MT5 account you want to trade: your live account, or the demo you trialed on. Then remove the free trial from your chart, attach PrismAlgo and paste your license key.

A license has no time limit and runs on live accounts; its markets and number of accounts are those of the plan you choose.

03 · 8 answers

Settings. Make it your setup.

Profiles, markets, sizing and broker symbols.

  • Conservative
  • Balanced default
  • Aggressive
  • Prop Firm mode
  • Fixed Lot

Compare markets and modes

Which trading profile should I select?

Start with Balanced, the EA’s set-and-forget default, ideally on a demo account first: the free trial runs there for 14 days.

Conservative sizes each Forex position smaller for the same balance and Aggressive larger. Prop Firm mode sizes Forex like Conservative for funded accounts, and Fixed Lot lets you set the base lot yourself.

The profile sets position size and your license sets which markets you can trade. On the $29 and $49 monthly plans, your plan’s lot sizes apply in every profile.

Do I need to set a symbol suffix?

Usually not. PrismAlgo finds the names your broker uses, such as EURUSD-ECN or GBPUSD+, and uses the one your account can trade. If your broker uses a suffix and PrismAlgo still can’t find a pair, set Symbol Suffix in the EA’s settings (F7 > Inputs).

How do I set a broker symbol prefix or suffix?

Check the exact names in MT5 Market Watch. For mEURUSD, the prefix is m; for EURUSD.r, the suffix is .r. Plain EURUSD needs neither. Check the EA’s detected symbols and use its symbol inputs if your broker’s naming needs adjustment.

How do I enter a Gold or Bitcoin symbol override?

Open Market Watch and find your broker’s exact Gold or Bitcoin symbol. Enter that name in the relevant Symbol Override input.

Confirm that the symbol is available to your account and that the market is enabled under your license and EA settings.

Should I enable Gold and Bitcoin?

Forex is the recommended starting market, and Starter Forex is Forex-only. On Complete and Lifetime VIP, check Trade Gold and Trade Crypto in the EA inputs before you attach, and switch on only the markets you want.

Each market has its own sizing rules, and Gold and Bitcoin can bring greater volatility. You can also keep markets apart across your authorized account slots.

How do I set up drawdown protection?

Enable drawdown protection explicitly and configure the daily and overall limits for your account. Selecting Prop Firm mode does not automatically turn protection on.

At a limit, PrismAlgo stops new entries and attempts to close its positions; execution can take losses beyond the threshold.

Check your firm’s rules when configuring a prop account.

What if my automatic lot size is below the minimum?

From EA 2.50 it never is: automatic Forex sizing opens at least 0.01 lot, or your broker’s minimum, so Forex entries are no longer skipped on a small balance.

Conservative and Prop Firm mode add 0.01 lot per $500 USD-equivalent, Balanced per $250 and Aggressive per $100.

Fixed Lot overrides automatic base sizing, not broker limits; strategy position-size multipliers still apply.

On the $29 and $49 monthly plans, your plan’s lot sizes apply in every profile, Fixed Lot included.

Which account currencies does PrismAlgo support?

USD (or a USC cent account), EUR, GBP, JPY, AUD, NZD, CAD, CHF, SGD, HKD, CNH and CNY.

PrismAlgo converts your balance to US dollars with your broker’s own rate for that currency, such as EURUSD or USDJPY, to size each trade. A USC cent account is sized on its balance as if it were dollars: 2,600 USC sizes like $2,600.

On any other account currency, or if your broker has no rate for it, PrismAlgo opens no trades and the Experts tab names the reason. On an unsupported currency, the panel’s BASE LOT shows currency n/a.

04 · 6 answers

Trading. Know what it’s doing.

What your terminal shows while the EA runs.

The public record

+188.35% gain8.30% max drawdownchecked Verify on Myfxbook (opens in a new tab)

Real money since 20 Feb 2026 · Balanced mode, Gold on, Bitcoin off

Inspect the public record

PrismAlgo is connected but no trades are opening. What now?

The cloud trades when conditions line up, so a quiet period can be normal. Connected on the panel confirms the connection, not that every entry is eligible.

Check Algo Trading, your account type (it must be a hedging account without FIFO-only closing), enabled markets, your license, sizing and broker sessions, then read the Experts tab for skipped-entry messages.

Send us those messages if the reason is unclear.

How many trades should I expect each day?

The cloud scans all 28 major and minor Forex pairs around the clock and trades only when conditions line up, so there is no fixed daily count or promised time to the first trade.

Activity depends on market conditions, the markets you switch on and whether a trade is eligible on your broker account.

What drawdown should I expect?

PrismAlgo is built for low drawdown, but no profile comes with a promised range.

The public record is one real-money account on Myfxbook: +188.35% gain and 8.30% max drawdown, checked 27 Oct 2026. Settings: Balanced mode, Gold on, Bitcoin off.

Your sizing, markets, balance and broker execution shape your own result, and a past drawdown does not limit future losses.

Can I close a position manually?

Yes. It’s your account and you stay in control. When you close a PrismAlgo position by hand, the EA records that trade as closed and won’t reopen it.

If something looks wrong, send us the ticket and the Experts messages before you open a replacement trade yourself.

What happens around news events?

The cloud sits out major scheduled news: it avoids opening new trades around those releases. A position that is already open can stay open through a release, so the positions in your MT5 terminal are always the final word.

Can I backtest PrismAlgo?

No. PrismAlgo is a cloud-connected EA, not fixed code like most EAs: the cloud feeds it new information around the clock.

Its strategy adapts as market conditions change, its stop losses are dynamic, and it factors in macroeconomic news and geopolitical events as they happen.

No backtest can replicate that, which is why there is a free trial: run it for 14 days on a MetaTrader 5 demo account and test it yourself, live.

The real-money proof is the public record on Myfxbook.

05 · 11 answers

Errors. Find the exact cause.

Start with the message in MT5’s Experts tab.

What to send us

  • The Experts tab, with full timestamps
  • Broker, server and MT5 build
  • EA version and what you were doing
  • For a trade: the ticket and Trade/History

Never send passwords or remote-access credentials.

Send us the details

The EA loads but will not connect or trade.

Confirm the full license key, the authorized MT5 account number, the connection and both trading permissions. Then inspect Experts immediately after attachment.

A Journal entry such as initialization failed is only a summary; the accompanying Experts message is the useful detail.

Cannot load PrismConnectV2, or EX5 loading failed.

Open File → Open Data Folder in the MT5 terminal that fails. Verify the PrismConnectV2 connector file is actually in MQL5 → Libraries, not another MT5 installation or the Experts folder.

Check the imports box is ticked in both Tools → Options → Expert Advisors and the EA’s Dependencies tab.

If those checks pass, send the exact Experts error plus a screenshot of the connector file and its full folder path; do not assume the license is the cause.

PrismAlgo says new entries are blocked on a netting or FIFO account.

PrismAlgo needs a hedging MT5 account that allows positions to be closed in any order. On a netting or FIFO account it opens no new trades and only manages what it already holds.

Ask your broker for a hedging (non-FIFO) MT5 account, authorize that account number in the Member Zone, then attach PrismAlgo there.

I attached PrismAlgo to more than one chart.

Run PrismAlgo on one chart per MT5 terminal: the one chart it’s attached to controls every market you have switched on. Remove it from the other charts and keep just one.

If something still looks wrong with PrismAlgo on that one chart, send us the Experts log and terminal details. Don’t delete terminal global variables or trade-state files as a general troubleshooting step.

PrismAlgo says an entry is quarantined or still awaits a verified broker outcome.

The EA sent an entry but has not yet confirmed from your broker whether it filled. To avoid a duplicate trade, it will not resend that entry automatically.

Keep the full message, the ticket number and your MT5 Trade/History records, and send them to us before you place any trade by hand.

Connection timeout or Cannot connect to server.

Check that the VPS or computer has internet access and MT5 is connected. Review firewall or security-software messages for a blocked connection; do not disable protection as a blanket fix.

Send the exact error, time and MT5 build if the connection does not recover.

Symbol not found for Gold or Bitcoin.

Confirm the symbol exists for your broker account in Market Watch, then use its exact name in the relevant Symbol Override. Check market access under your plan and whether that market is enabled in the EA.

Why was an entry skipped as market closed?

Trading sessions are set by your broker for each symbol, and can include a daily break. Check the symbol’s Specification in MT5 for its trading sessions.

A trade that would open outside that session may not be eligible; keep the full Experts message so we can identify the cause.

Which logs should I send to support?

Send the Experts tab immediately after the problem, with complete timestamps and messages, plus any relevant Journal lines.

Include your broker/server, MT5 build, EA version and what you were doing. For a missing trade, include the ticket and Trade/History evidence.

Do not send passwords or remote-access credentials.

My free trial says it only works on demo accounts, or that it has expired.

The free trial runs on MetaTrader 5 demo accounts, and each MT5 account number gets one 14-day trial, counted from its first connection.

On a live account, open a demo at your broker (File → Open an Account) and attach the free trial there. When a trial has expired, choose a license to keep PrismAlgo running on the account you want to trade.

If a new demo account that never ran the free trial says it has expired, email [email protected] with the ref shown on the panel.

My free trial says it was switched off, or that it is running on another computer.

Switched off: your open trades are not managed until you attach the current version, so download it from prismalgo.com/free-trial and attach it again; your account keeps the days it has left.

Another computer: a free trial runs on one computer at a time, so close it there; this computer connects again within 5 to 10 minutes.

06 · 6 answers

Billing. Monthly, or one payment.

Plans, payment and account access.

Lifetime licenses

  • One payment, no renewal
  • Strategy updates for life
  • Member Zone, setup guide and support

See current plans and prices

What plans are available?

Starter Forex has 1 active Forex-only MT5 account. Complete has 2 active accounts with Forex, Gold and Bitcoin. Lifetime VIP has 5 active accounts, all three markets and the private VIP Telegram group.

All three are one payment with strategy updates for life.

The PrismAlgo Monthly Subscription on Whop comes in three plans, each plus local tax: $29 a month sizes trades for an account of up to $1,000, $49 a month for up to $2,500, and $100 a month for your full balance. Every plan works on any balance and trades the 28 Forex pairs, no Gold or Bitcoin, on one MT5 account at a time, changed up to once every 24 hours. Cancel anytime. Access continues until the end of your paid subscription period. After subscribing, come back to prismalgo.com and sign in with Continue with Whop: the EA is in Downloads and your license in My Licenses.

See Pricing for today’s prices.

Can I move to another lifetime plan?

Contact support from the email address on your order. We will confirm the available upgrade path for your license and the applicable price before you proceed.

Can I change my monthly plan?

Buy the plan you want on Whop with the same Whop account. Your license, MT5 account and settings stay the same.

Upgrade: the new plan's trade sizes apply to new trade sequences as soon as the payment goes through (a sequence already open, including its averaging trades, keeps its starting size), and the old plan's renewal stops automatically.

Move to a smaller plan: Whop charges for the smaller plan when you buy it, and its monthly billing period starts that day. Your current plan keeps running until the end of its paid period, then the smaller plan takes over.

Either way, Whop then emails you that the plan you are leaving was canceled. That is expected: it only stops that plan's renewal, and your license keeps working.

How do I pay?

Checkout on this site accepts cryptocurrency. Choose an available currency and use the exact network and amount shown at checkout. After payment confirmation, your download and license are available through your account.

Prefer a card? CheaperForex, an authorized reseller, sells the lifetime licenses by card on its own site. You check out on cheaperforex.com, and CheaperForex supports that order. You’ll manage your PrismAlgo license on their website and download all future updates from your Customer Zone there. CheaperForex earns a commission on each sale.

The PrismAlgo Monthly Subscription on Whop comes in three plans, each plus local tax: $29 a month sizes trades for an account of up to $1,000, $49 a month for up to $2,500, and $100 a month for your full balance. Every plan works on any balance and trades the 28 Forex pairs, no Gold or Bitcoin, on one MT5 account at a time, changed up to once every 24 hours. Cancel anytime. Access continues until the end of your paid subscription period. After subscribing, come back to prismalgo.com and sign in with Continue with Whop: the EA is in Downloads and your license in My Licenses.

What is the refund policy?

Lifetime licenses aren’t refundable, so try PrismAlgo free first: 14 days on a MetaTrader 5 demo account. Review the platform requirements, your chosen plan and the Terms of Use before you buy.

If a technical issue prevents the EA from working, contact us and we will help diagnose it.

Do current paid plans renew?

The lifetime plans do not: they are one-time purchases with strategy updates for life and no recurring charge.

The PrismAlgo Monthly Subscription on Whop renews each month at your plan's price ($29, $49 or $100, plus local tax) until you cancel it. Cancel anytime. Access continues until the end of your paid subscription period.

Legacy customers keep the billing terms of their original purchase.

A direct line to the team

Still stuck? We reply within 24 hours.

Write from the email on your order and include the exact Experts-tab message. Complete and Lifetime VIP members get priority replies, and Lifetime VIP members can also ask in the private VIP Telegram group.