Question - Forex Forexqna Trading Trading Platform

Does the MT5 trading bots suit with MT4?

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1 Answer
Aliya Popal
Answered 3 months, 3 weeks 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>
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