Licenses.

The MQL5 license gives you the option to use the indicator for all (unlimited) MT4 accounts on your computer and you get 5 activations, those are used for different computers. With regards to updates, you will be automatically alerted in your MQL terminal, and then you download the update. It is practical and simple.

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Our MT4 Products -> https://www.mql5.com/en/market/mt4?Filter=bernardo33 
Our MT5 Products -> https://www.mql5.com/en/market/mt5?Filter=bernardo33

 

Happy trading!