File Extension Library

.MQ5 File Extension

  • Developer by: MetaQuotes Software
  • Category: Developer Files
  • Format: Text

What are .MQ5 files and how to open them?

Can't open .MQ5 file? Are you wondering what it contains? On our site we will explain to you what this file is, what it is used for and what software opens the .MQ5 file.

What is a .MQ5 file extension?

.MQ5 file extension is created by MetaQuotes Software. .MQ5 has been classified as Developer Files. The format of .MQ5 file is Text.

.MQ5 is MQL5 Source Code File

An MQ5 file is a program written for MetaTrader, an online trading platform. It contains source code written in MetaQuotes Language 5 (MQL5), which includes classes, variables, functions, and comments that can be compiled into an .EX5 file. MQ5 files replaced .MQ4 files with the release of MetaTrader 5.

MQ5 files can be opened and edited by MetaEditor, an editor for creating trading robots and technical indicators and included with MetaTrader.

MetaEditor can also compile MQ5 files into EX5 Expert Advisor files, which are programs for automating the trading and analytical processes in MetaTrader. The compiling process consists of multiple stages such as a lexical scan, parsing, semantic analysis, code generation, and code optimization. To compile an MQ5, open the source file in "Navigator" and select File → Compile. If there are any errors, the compilation will not be completed no EX5 file will be created. The errors will appear in the "Errors" tab in the "Toolbox" window.

MetaTrader software is used for analyzing and trading Stock, Forex, Futures, and CFDs. It comes with technical analysis tools and enables the use of automated trading systems and copy trading.

List of all softwares that can open the MQL5 Source Code File
MetaQuotes MetaTrader
MetaQuotes MetaTrader
MetaQuotes MetaTrader
MetaQuotes MetaTrader
MetaQuotes MetaTrader

How to fix problems with .MQ5 files

  1. You need to update the application that you normally use to open .MQ5 files. Only the latest version of the software supports the current .MQ5 file format
  2. You need to check the .MQ5 file for viruses. To do this, you need to scan it with a popular antivirus (Norton, Nod32, Kaspersky, Dr.Web, etc.)