MT4 and MT5
PyP supports MetaTrader deployments through MT4 and MT5 channels.
These channels are used when a deployment needs to reach a trading terminal instead of only sending alerts.
What MetaTrader Deployment Means
When MT4 or MT5 is selected on a deployment, PyP sends the live signal stream to a terminal integration.
That terminal setup is where execution happens.
PyP still controls the deployment runtime settings, such as:
- pair
- timeframe
- confidence threshold
- stop loss / take profit
- lot sizing mode
- max concurrent trades
- symbol mapping
MT4 vs MT5
Both are supported as execution channels.
Choose based on the terminal your broker or workflow already uses.
Use MT4 when:
- your broker account is MT4-based
- your existing terminal workflow is MT4
Use MT5 when:
- your broker account is MT5-based
- you want the newer terminal environment
Typical Setup Flow
- Connect an MT4 or MT5 channel in PyP.
- Open the deployment or subscription setup page.
- Select the MetaTrader channel.
- Configure runtime controls.
- Download the preset file for that exact setup.
- Load the preset in the terminal EA.
Runtime Controls That Matter Most
MetaTrader deployments usually depend on:
- execution mode
- stop loss / take profit
- risk percent or fixed lot
- max spread
- slippage tolerance
- opposite-signal behavior
- broker symbol mapping
These values belong to the deployment or subscription setup, not the strategy code itself.
Subscriber Strategies
For marketplace subscriptions, the MetaTrader deployment is attached to the subscriber's setup.
That means:
- the strategy logic comes from the creator
- the runtime execution settings belong to the subscriber
- the preset file should match that exact subscription
Best Practice
Use web or Telegram delivery first if you want to observe the strategy live.
Then add MT4 or MT5 when:
- routing is confirmed
- runtime settings are tuned
- you are ready for terminal-side execution
Run 24/7 with PCE
If you do not want your own machine to stay on all day, use PCE — PyP Compute Environment.
PCE gives you:
- a managed Windows VPS
- MT4 or MT5 pre-installed
- browser-based desktop access
- a 24/7 environment for terminal-side execution
Last updated: February 2026