From zero to running
Never traded before? Follow this page top to bottom. Every click is written out. By the end, THARΞX will be trading gold on a server that never sleeps.
Open your broker
A broker holds your money and executes the trades. We recommend Vantage Markets — it offers cent accounts, which THARΞX is built for.
1.1Register
Sign up at Vantage with your email. Use your real name exactly as printed on your ID — if it doesn't match, verification gets rejected and you start over.
Tharex. It costs you nothing and changes nothing about your trading.
1.2Verify your identity (KYC)
Every regulated broker must confirm who you are. Upload two documents:
- ID — Aadhaar, passport or driving licence. Clear photo, all corners visible, no glare.
- Address proof — bank statement or utility bill from the last 3 months.
1.3Open a Cent Raw ECN account
In your Vantage portal, open a live account with exactly these settings:
| SETTING | CHOOSE |
|---|---|
| Account type | Cent Raw ECN |
| Platform | MetaTrader 5 |
| Currency | USC |
| Leverage | 1:2000 |
1.4Save your three login details
- Account number — this is also your licence key
- Password
- Server name — e.g.
VantageInternational-Live 21
Fund the account
THARΞX needs room to work. An underfunded account is the fastest way to lose one.
2.1Deposit at least $200
Go to Funds → Deposit in the Vantage portal. UPI, bank transfer and cards all work in India.
| YOU SEND | MT5 SHOWS | NOTES |
|---|---|---|
| $200 | 20,000 USC | Minimum. Normal mode only. |
| $500 | 50,000 USC | More room to survive a trend. |
| $1,000 | 100,000 USC | Needed if you ever use Aggressive. |
Get a server
The EA must stay online 24/7 to manage open trades. Your laptop sleeps and drops wifi. A server doesn't.
3.1Create an AWS account
Go to aws.amazon.com → Create an AWS Account. You'll need an email, a phone number and a card for verification.
3.2Launch a Windows server (EC2)
In the AWS console, search for EC2 → open it → click Launch instance.
| FIELD | WHAT TO PICK |
|---|---|
| Name | tharex-vps |
| OS image | Windows Server 2022 Base |
| Instance type | t3.small — micro sizes may be free-tier eligible but run MT5 slowly |
| Key pair | Create new → download the .pem file |
| Region | London or Frankfurt (close to Vantage servers) |
| Storage | 30 GB |
Click Launch instance and wait until the status shows Running.
3.3Get the server password
Tick your instance → Connect → RDP client → Get password → upload the .pem file → copy the password it reveals.
3.4Connect to the server
On your own computer, open Remote Desktop (built into Windows; on Mac install "Microsoft Remote Desktop" from the App Store).
- Computer — the Public IPv4 address shown in EC2
- Username —
Administrator - Password — the one you just revealed
A Windows desktop appears. That desktop is your server. Everything below happens inside it.
Install MT5
All of this happens inside the remote desktop window — not on your own computer.
4.1Download & install MetaTrader 5
Open the browser on the server and download MT5 from your Vantage client portal. Install it — the defaults are fine.
4.2Log in to your account
File → Login to Trade Account. Enter the three details you saved in step 1.4. When it connects, your balance appears at the bottom — around 20 000.00 USC.
4.3Allow WebRequest — don't skip this
The EA verifies your licence with our server. Without this permission it cannot, and it will show LICENSE NOT ACTIVE.
Tick Allow WebRequest for listed URL, click the +, and add this exactly:
Also tick Allow Algorithmic Trading, then press OK.
4.4Install the EA file
Download tharex.ex5 from your dashboard (inside the server's browser), then:
- Paste
tharex.ex5into that Experts folder - Back in MT5, right-click Expert Advisors in the Navigator panel → Refresh
Attach & run
Open gold, set the 3-minute timeframe, drag the EA on. That's it.
5.1Open a gold chart
In Market Watch find XAUUSD — on a cent account it usually appears as XAUUSD.pc. Right-click it → Chart Window. Can't see it? Right-click inside Market Watch → Show All.
5.2Set it to 3 minutes — important
The chart timeframe tells the EA which timeframes to analyse. Use the top menu:
On a 3-minute chart the EA analyses 3M, 5M and 15M together — the full picture.
| YOUR CHART | EA ANALYSES | |
|---|---|---|
| 3 Minute | 3M + 5M + 15M | ← attach here |
| 5 Minute | 5M + 15M | Fewer trades |
| 1 Minute | 1M only | Noisiest |
| 15 Minute | 15M only | Slowest |
5.3Drag the EA onto the chart
- Drag THARΞX from the Navigator onto your 3-minute gold chart
- In the popup → Common tab → tick Allow Algo Trading
- Change nothing else. The default settings are correct.
- Press OK
5.4Switch on Algo Trading
Click the Algo Trading button in the MT5 toolbar — it turns green. The dashboard appears on your chart. Check these lines:
EA RUNNING and LICENSE OK means you're done. It trades on its own from here.
5.5Changing mode later — optional
The EA runs Normal mode by default — no action needed. If you later want the more aggressive settings, switch it with a tiny EURUSD trade from your phone.
$0.75 grid. Wider spacing, builds a position slowly. This is what you get out of the box.
$0.30 grid. Trades more often. Close that EURUSD trade to return to Normal.
Common questions
Almost always the WebRequest step (4.3). Tools → Options → Expert Advisors → tick Allow WebRequest for listed URL → add https://tharexea.com → OK → restart MT5 → re-attach the EA.
Check in order: Is the Algo Trading button green? Does the dashboard say EA RUNNING (not PAUSED or HALTED)? Is the spread normal? Has the cooldown finished? The EA waits for a proper signal — it will not trade every minute.
Yes. Cent accounts display in cents. $200 = 20,000 USC. Same money, different unit — the EA handles it automatically.
Technically yes, but we strongly advise against it. If your PC sleeps, restarts or drops internet while trades are open, the EA cannot manage them. A server runs 24/7 without interruption — that's the entire point.
No. Any Windows VPS works — Contabo, Vultr, or your broker's own VPS offering. Steps 4 and 5 are identical whichever you choose.
Normal — and it's already the default, so do nothing. It uses wider grid spacing, which builds a much smaller position during a trend. Only consider Aggressive once you've watched the EA on your own account for a while.
Yes. THARΞX is a grid recovery system — it adds to positions as price moves against it. It wins often in ranging markets, but a strong sustained trend can produce a loss far larger than a typical win. There is a drawdown cut-off that closes everything at a set limit, but no setting removes this risk. Never trade money you can't afford to lose.
We'll walk you through it
Your licence activates automatically — you don't need to contact anyone to get started. But if something isn't working, message us and we'll sort it out.