How To Avoid "invalid license (538), please reinstall from MQL5 Market"? MT5 EA

marlee08

I have this mt5 EA that is very profitable with proven performance and low drawdown. People use it to pass prop firm challenges. Very ideal for Prop Firms and Funded Accounts. The problem is I'm not able to attach it to the chart. Any time I attach, I Get this error

invalid license (538), please reinstall from MQL5 Market

How can I get around this?
Any assistance will be appreciated.

mellieYundt

marlee08 What is the name of the said EA? I'm also looking for a bot that will help me pass prop firm challenge.

krismaybell

"Invalid license (538), please reinstall from MQL5 Market" This error comes when trying to attach mql5 market bot. Either an indicator or EA. MQL5 Market ensures secure transactions, and products are typically protected by licensing mechanisms to prevent unauthorized use. There are several ways to avoid invalid license error.

use mql5 market to buy the bot (Recommended method)
get a working DLL file. This tricks the metatrader software that the EA/Indicator is authorized by mql5 market.
Get a cracked copy of the bot.

Not conclusive, but I just gave my point of view.

marlee08

krismaybell Thank you, @krismaybell, for your response. Would you mind sharing a working MT5 DLL file? That's my only option at the moment. Can't find a cracked/decompiled copy and the market price is way too high for me.

krismaybell

marlee08 Not sure if I'll get into trouble with admin for posting external link but you can get a working mt5 DLL file @ fx.work.gd website HERE. It’s not free, but it works very well. To download, you need to place an order and pay. From there, the download link will be sent to the email address you use to place the order. Once you download the DLL, place it in your MT5 install directory, such as "C:\Program Files\MetaTrader 5", and then restart MT5. With that DLL file, you can use any paid MT5 bot for free.

marlee08

krismaybell Thanks for the link. It worked.

arielzieme

krismaybell
I have a cracked indicator which must use dll to operate but of late i can't use it anymore. Anytime i attach it to a chart I get the following error:

Custom Indicator	loading of [INDICATOR NAME] MT5 V8.1 (USDCHF,H1) from C:\Users\Administrator\AppData\Roaming\MetaQuotes\Terminal\D0E8209F77C8CF37AD8BF550E51FF075\MQL5\Indicators\[INDICATOR NAME]s MT5 V8.1.ex5 failed [538] Another EA has this error ...	Experts	initializing of Robô Trends (EURUSDx,M30) failed with code 1 Anothe Error to bypass .....	Custom Indicator	'[FILE NAME]' is a demo version that can be run only in the Strategy Tester. To use the product without limitations, purchase the full version from the Market

With the provided dll i can bypass these errors. Right?

kleinWillis

krismaybell i'm also interested in this mt5 dll to bypass 'invalid license (538), please reinstall from MQL5 Market' error. Is it still working? Awaiting your response.

aleenkunze

cannot call 'initializeTrainedNN', 'EncogNNTrainDLL.dll' is not loaded

Fixed now

lacunadelperreo

@marlee08 did you manage to make it work? if so, can I ask you where did you get this profitable bot? Thanks

krismaybell

kleinWillis Yes, it is still working very well. I'm still using it, and it has consistently delivered excellent results. If you don't mind you can share any market EA/indicator I test it for you before you commit your money.

thora68

Me i want a free one. Where can i get it for free? 🤥

williamsoncortez

Custom Indicator loading of *\AppData\Roaming\MetaQuotes\Terminal*.ex5 failed [538]
Error now gone. I can now use market indicators.