FXVantage TerminalTrade with XM

MT4 & MT5 installation guide

Tools from the library run only in a desktop MetaTrader terminal on your own computer or VPS — never inside this website. Check each tool page for the platform it was built for; an MT4 file (.ex4/.mq4) will not run in MT5 (.ex5/.mq5) or the reverse.

1. Open the data folder

In the terminal choose File → Open Data Folder. Then open the MQL4 folder (MT4) or MQL5 folder (MT5).

2. Place each file

  • Expert Advisors (.ex4/.ex5/.mq4/.mq5): MQL4/Experts or MQL5/Experts
  • Indicators: MQL4/Indicators or MQL5/Indicators
  • Scripts: MQL4/Scripts or MQL5/Scripts
  • Presets (.set): MQL4/Presets (MT4) or MQL5/Presets (MT5)
  • Templates (.tpl): the templates folder in the data folder root
  • Archives (.zip): extract first, then place each file as above. Read any included manual (.pdf).

3. Refresh or restart

In the Navigator panel (Ctrl+N) right-click Expert Advisors or Indicators and choose Refresh. If the tool still doesn't appear, restart the terminal.

4. Attach to a chart

Open a chart for the instrument and timeframe listed on the tool page. Drag the EA or indicator from the Navigator onto the chart. For EAs, enable Allow Algo Trading (MT5) / Allow live trading (MT4) in the dialog, and make sure the AutoTrading / Algo Trading toolbar button is on.

5. Configure inputs

Use the Inputs tab to set parameters, or click Load to apply a .set preset. Check lot size, stop-loss and any risk settings before starting. Only enable DLL imports if the tool's documentation explicitly requires it and you trust the source.

6. Test on a demo account first

Run the tool on a demo account for a meaningful period before using real funds. You can also use the Strategy Tester (Ctrl+R). Historical or demo results do not guarantee future results.

Troubleshooting

  • Tool not in Navigator: wrong folder or wrong platform (MT4 vs MT5). Re-check step 2 and refresh.
  • Sad face icon on chart / EA not trading: Algo Trading is disabled, or the market is closed.
  • "Trade is disabled" or "Invalid volume": your account type or symbol doesn't allow the lot size; adjust inputs.
  • "Cannot load … .ex4/.ex5": the file was built for a newer terminal build — update the terminal.
  • Symbol not found: your broker may use a suffix (e.g. EURUSD.m). Open the matching symbol's chart.
  • Check the Experts and Journal tabs in the Toolbox (Ctrl+T) for error messages, and include them when contacting support.