How to install or update an application purchased in the Mql5 market

How to install or update an application purchased in the Mql5 market

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VR Watch list and Linker – Screener for MetaTrader
VR Watch list and Linker – Screener for MetaTrader

Icon of the program version Version: 24.021

Icon program update date Updated: 22.02.2024

Icon date the program was added Added: 01.07.2015

License: Paid-Free

One-time purchase: 98$48$

Rent: from 30$from 28$

Financial instruments screener for manual search and selection of the most interesting and liquid financial instruments. Designed for MetaTrader 4 and MetaTrader 5 terminals. The best solution for trading stocks.

VR Locker - successful lock trading
VR Locker - successful lock trading

Icon of the program version Version: 22.040

Icon program update date Updated: 11.04.2022

Icon date the program was added Added: 30.08.2017

License: Paid-Free

One-time purchase: 122$85$

Rent: from 30$from 21$

The program trades according to a unique logic, the task of which is not just to fix the profit, but also to use the accumulated profit as a safety cushion, which significantly reduces the drawdown on the balance.

VR Close All - Close all orders if ...
VR Close All - Close all orders if ...

Icon of the program version Version: 17.100

Icon program update date Updated: 12.08.2015

Icon date the program was added Added: 04.08.2015

License: Free

One-time purchase: 0$

Rent: from 0$

Designed for closing/deleting all orders in the terminal. It helps to fix profit or loss on the entire trading account.

This article describes step by step the process of installing products from the Mql5 Market. If after reading this article you still have questions or encounter difficulties related to installing or further using products from the Market, please contact online chat support. Our experts will be happy to help you.

Buying Expert Advisors

Regardless of which terminal you use (MetaTrader 4 or MetaTrader 5), the process of installing or updating the application begins with authorization in the terminal. Specify your account details in the mql5.com market, in the MetaTrader terminal. To do this, click on the icon in the top right corner of the terminal.

Buying Expert Advisors

You need to specify your login in the first field and your account password in the second field. Authorization in the services allows you to receive text messages about updates for the programs that you have purchased.

The largest number of problems and errors for users of MetaTrader terminals is due to the fact that users irresponsibly store credentials from the mql5.com market and re-create them. All purchased applications are linked to an account. You cannot download or update the application using a different account.

After successful authorization in mql5.com services, you can go to install or update applications.

Instruction for MetaTrader 5

Click on «My purchases» in the «Market» menu.

Buying Expert Advisors

  1. My Purchases – opens a window with your purchases. The menu of this window is easy to understand, there should be no problems.
  2. The Buy – button allows you to buy an application that has previously been rented or tested.
  3. The Download Demo – button allows you to download a demo version of the program for the strategy tester. This version cannot work on demo or real accounts.
  4. The Renew – button allows you to renew the rent of the selected application.
  5. The Install – button allows you to download and install the selected application. The application will be installed in the «Navigator» according to its type:  Expert Advisors – in the  Market > Expert Advisors folder, indicators – in the  Market > Indicators folder, scripts – in the  Market > Scripts folder.
  6. The Update – button appears when there is an update for the application. Update – is a sequential process of automatic replacing the older program version with the new one. After the update, the older version of the application may not be available.

For all changes to take effect, the application must be reinstalled on the chart after the update.

Instruction for MetaTrader 4

The MetaTrader 4 terminal is considered as an outdated version and is no longer updated by developers. The process of purchases access is different from the process in the MetaTrader 5 terminal. 

Launch the MetaTrader 4 terminal where you want to install or update the application.

Buying Expert Advisors

  1. The «Market» tab – will open a window with a showcase of mql5.com market products.
  2. The «Purchases» tab – will show all applications downloaded from «Market».
  3. The «Round Arrow» icon – will update the list of all applications and their information.
  4. The «Install» button – will allow you to download and install the application in the MetaTrader 4 terminal.
  5. The «Update» button – will appear when an update is available for the application.
  6. The «Renew» button – allows you to pay and renew the rent of the application.
  7. The «Buy» button – allows you to buy the application.

The «Round Arrow» – will update the list of all applications. You need to click clearly on the arrow.

For all changes to take effect, the application must be reinstalled on the chart after the update.

FAQ

"Invalid license" error when uploading to MetaTrader from the MQL5 Market
"Invalid license" error when uploading to MetaTrader from the MQL5 Market

You encountered a problem while installing a product from the mql5 market. here are a few ways to solve the problem and recommendations:

  • Do not copy the program from computer to computer - all programs are from the mql5 market. com are bound to the hardware of the computer. Therefore, copying the program to a VPS or to another computer will not work for you. Within the same computer, you can copy a program from terminal to terminal. To install the program on another computer, you need to download it again from the mql5 market. com or directly in the MetaTrader terminal itself. Do not forget about the number of activations that you had at the time of purchasing the program. For each new computer, one activation will be deducted, and at the end of them you will not be able to install the program.
  • Make sure that you are logged in to the MetaTrader terminal with the login and password you used to make the purchase. Very often users of mql5. com markets do not control accounts, as a result they make a purchase with one e-mail address, and try to install in the MetaTrader terminal under a different e-mail address.
  • Delete the program from the navigator in the MetaTrader terminal, perhaps the program you bought has already been loaded into the terminal in test mode and the terminal does not re-download the purchased program.
  • Make sure you have the latest version of Internet Explorer. It is Internet Explorer of old versions that causes the problem with loading the program into the MetaTrader terminal.
  • Check the version of your MetaTrader 5 trading terminal, if the version costs 1320 or less than 1500, then this is the old 32bit version of the terminal. All modern MetaTrader 5 terminals for all brokers are 64 bit. 32 bit terminals are no longer supported. At the time of writing this manual, the current version of the MetaTrader 5 terminal is build 3815.
  • In some cases, all of the above methods do not help solve the problem. In this case, you should follow the instruction: in the MetaTrader 4 terminal itself, follow the path
    1. File
    2. Open data folder
    3. Go to the folder one level up
    4. Close the MetaTrader 4 terminal
    5. Find and delete Community folder
    6. Restart the MetaTrader 4 terminal and try to download the purchased program again. When restarting the terminal, it may take a long time to restore the mql5 market data. com in the terminal itself.

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