diff --git a/README.md b/README.md
--- a/README.md
+++ b/README.md
@@ -1,14 +1,54 @@
+# SerialPlot
 
 Small and simple software for plotting data from serial port.
 
-# Dependencies
-- Qt 5, including serialport module
-- qwt 6.1
-- libudev-dev (required for QSerialPort)
+## Dependencies
+- Qt 5, including SerialPort module
+- Qwt 6.1
+
+## Building
+
+### Obtain Dependencies
+
+- Qt5 development packages
+- Qt5 SerialPort module
+- CMake
+- Mercurial
+
+Under Ubuntu/Debian:
+```sudo apt-get install qtbase5-dev libqt5serialport5-dev cmake mercurial```
+
+### Download and Install Qwt
+
+[Qwt](http://qwt.sourceforge.net) is the library that provides
+plotting widgets for SerialPlot. As of this moment there is no
+appropriate version of Qwt in debian repositories. You will need to
+download and build Qwt with Qt5 yourself.
+
+Download Qwt 6 from here: http://sourceforge.net/projects/qwt/files/
 
-# Known Issues
+Follow these instructions to build and install:
+http://qwt.sourceforge.net/qwtinstall.html#qwtinstall-unix
+
+Make sure that you have built the Qwt with Qt 5 not Qt 4.
+
+### Download and Build SerialPlot
+
+You can use Mercurial to download SerialPlot source code. Or you can
+download it from here:
+https://bitbucket.org/hyOzd/serialplot/downloads
+
+    hg clone https://hyOzd@bitbucket.org/hyOzd/serialplot
+    cd serialplot
+    mkdir build && cd build
+    cmake ..
+    make
+
+You can also build with QtCreator IDE using `serialplot.pro` file.
+
+## Known Issues
 - Port error 13 happens when closing. This is a Qt issue. It's known
-  to not happen Qt 5.4.1 .
+  to not happen with Qt 5.4.1 . Not fatal.
 
-# License
+## License
 This software is licensed under GPLv3. See file COPYING for details.