Question - Forex Forexqna Trading Trading Platform

Does the MT5 trading bots suit with MT4?

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2 Answers
Aliya Popal
Answered 1 year ago
<ul style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; list-style: disc; color: rgb(11, 18, 28); font-family: &quot;Helvetica Neue&quot;; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;" id="isPasted"><li style="box-sizing: border-box; font-weight: 400;">Source the Robot: Just as with MT4, you need a compatible EA. MT5 robots come with .mq5 or .ex5 extensions.</li><li style="box-sizing: border-box; font-weight: 400;">Install MT5: Ensure you have the latest&nbsp;MT5 platform&nbsp;version from FP Markets.</li></ul><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(11, 18, 28); font-family: &quot;Helvetica Neue&quot;; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;" class="forexqa-img-container"><img src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1745469334643.png" alt="" width="650" height="auto" style="box-sizing: border-box; border: 0px; max-width: 100%; height: auto; width: 730px;" class="fr-fic fr-dib fr-draggable forexqa-img"></p><ul style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; list-style: disc; color: rgb(11, 18, 28); font-family: &quot;Helvetica Neue&quot;; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><li style="box-sizing: border-box; font-weight: 400;">Robot File Placement: After acquiring your MT5 EA, use the platform's ‘Open Data Folder’ option, navigate to the ‘MQL5’ directory, and place your robot file within the ‘Experts’ section.</li></ul><p style="box-sizing: border-box; margin: 0px 0px 10px; color: rgb(11, 18, 28); font-family: &quot;Helvetica Neue&quot;; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;" class="forexqa-img-container"><img src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1745469333984.png" alt="" width="300" height="auto" style="box-sizing: border-box; border: 0px; max-width: 100%; height: auto; width: 730px;" class="fr-fic fr-dib fr-draggable forexqa-img"></p><ul style="box-sizing: border-box; margin-top: 0px; margin-bottom: 10px; list-style: disc; color: rgb(11, 18, 28); font-family: &quot;Helvetica Neue&quot;; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><li style="box-sizing: border-box; font-weight: 400;">Deployment: Restart MT5, drag the EA onto your desired chart from the ‘Navigator’ panel, adjust the settings, and activate ‘Auto Trading’.</li><li style="box-sizing: border-box; font-weight: 400;">One final point for MT4 and MT5: Remember to check the box to allow algorithmic trading – Tools &gt; …</li></ul>
2 Views
Roman Rodriguez
Answered 4 days, 13 hours ago
<p id="isPasted">No, MT5 trading bots do not suit and will not work on MT4.</p><p>The two platforms use completely different programming languages and internal structures. An MT5 bot (which has an .mq5 or .ex5 file extension) cannot be loaded, read, or executed by the MT4 platform.</p><p><strong>What Happens if You Try to Use an MT5 Bot on MT4?</strong></p><ul><li>The File is Invisible: If you paste an MT5 bot (.ex5) into the MT4 Experts folder, MT4 will completely ignore it. The bot will not show up in your MT4 Navigator panel.</li><li>Compilation Errors: If you try to open MT5 source code (.mq5) …</li></ul>
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