Version 5 FAQ

Is Version 4 Being Discontinued?

No. Version 4 remains stable and supported. The latest stable Version 4 release is v4.5.1.

Which Version Should I Use?

Use Version 5 if you want the current release, Smart Risk Monitor, challenge-style protections, and the updated trade-management workflow.

Use Version 4 if your current Version 4 setup is stable and you do not want to change strategy behavior yet.

Can Version 4 And Version 5 Be Installed Together?

Yes. They can be installed in the same MT4 terminal. Run them on separate charts with version-specific presets and intentional Magic Numbers.

Do They Use The Same License Key?

Yes. The customer download/package experience uses the same license key and DLMS product code for the stable Version 4 option and the current Version 5 release.

Can I Use My Old Version 4 Set Files In Version 5?

No. Version 4 .set files and Version 5 .set files are not interchangeable.

Will Version 5 Match My Version 4 Results?

Not necessarily. Version 5 changes trade management, scaling, filters, pending-order behavior, and risk controls. Backtest and demo test Version 5 as a separate setup.

Is Version 5 For FTMO?

Version 5 includes prop firm challenge style controls. FTMO is only an example of a challenge environment. The EA does not guarantee passing any challenge and is not exclusive to one firm.

Is There An MT5 Version?

Version 5 is the foundation for future MT5 work, but this GitBook does not include MT5 user setup instructions yet.