What is MT4?
MT4 (MetaTrader 4) is a widely used trading platform for forex trading and automated trading systems. Its intuitive interface and rich features have made it popular among traders worldwide. However, sometimes users encounter the “Old Version” message, which prevents MT4 from functioning properly. This article explains how to deal with this issue.
Causes of the “Old Version” Message in MT4
Internet Connection Issues
MT4 updates itself via the internet. Connection problems or temporary network issues may prevent MT4 from getting the latest version, resulting in the “Old Version” message.
Failed Automatic Updates
Usually, MT4 updates automatically. However, this process can fail for various reasons, such as prolonged periods of inactivity or specific environmental settings that hinder automatic updates.
Lack of Administrator Privileges
If your PC lacks administrator privileges, it may affect MT4 updates and normal operation. This is especially common in corporate networks or shared PCs where user accounts may not have the necessary permissions.
Step-by-Step Guide to Fix the Issue
Restart MT4
- Exit MT4: Close MT4 completely using the taskbar or task manager.
- Restart MT4: Double-click the MT4 icon on the desktop to restart it. Check the status in the bottom right corner of the MT4 window after restarting.
- Check Status: After restarting, verify that the status in the bottom right corner of the MT4 window has returned to a normal connection state from “Old Version” or “No Connection”.
Run as Administrator
- Right-click the Icon: Right-click the MT4 icon on the desktop.
- Select “Run as Administrator”: From the menu, select “Run as Administrator”. If prompted, click “Yes” to allow changes.
- Click “Yes” to Confirmation Message: Click “Yes” if asked “Do you want to allow this app to make changes to your device?”.
Manual Update
- Manual Update Steps: If restarting MT4 doesn’t solve the problem, perform a manual update. Right-click the MT4 icon on the desktop and select “Run as Administrator”.
- Reinstall: Download the latest setup file from the official MT4 website and reinstall MT4. Overwrite the existing files to keep your settings and data intact.
Troubleshooting
If Restarting Doesn’t Help
If restarting doesn’t help, try running MT4 with administrator privileges. This grants the necessary permissions for MT4 updates.
If You Can’t Run as Administrator
Log in with an administrator account on your PC and restart MT4. Administrator privileges are required for smooth updates and installation of MT4.
If “Old Version” Message Persists After Update
If the “Old Version” message persists after updating, reinstall MT4. Download the latest setup file from the official website and reinstall it to resolve the issue.
Prevention
Regularly Check for Updates
Check for updates each time you start MT4 and apply them immediately. Regular updates are crucial for applying the latest features and bug fixes.
Basic Settings for Smooth Operation
Ensure stable internet connectivity and use MT4 with administrator privileges. This ensures smooth automatic updates.
Tips to Prevent Issues
Regularly back up your data and review MT4 settings and environment to prevent issues.
Summary
The “Old Version” message in MT4 can be resolved by following appropriate steps. Restarting, running as an administrator, and performing manual updates usually solve the issue. Regularly check for updates and review basic settings to maintain smooth MT4 operation.
