MetaTrader can be described as one of several widely used software for financial trading in Forex. It offers automated strategies by means of expert advisors, scripts, and custom indicators. These functions are usually programmed in MetaTrader’s own language, MQL4.
EX4: This refers to an executable version of the MQ4 source code. It’s converted to machine code or modified without specific tools.
MQ4: This refers to the source code written in MetaQuotes Language, enabling users to enhance the strategy of expert advisors and indicators.
Reasons to Convert EX4 to MQ4
Switching EX4 to source code can be helpful when a trader wants to customize an EA for personal use. In some cases, a trader might want to add new features or optimize its performance.
Available Solutions for Conversion
There are multiple services that allow conversion from EX4 into the source code. These tools enable customization to reach the MQ4 format for advanced customization.
Some options include:
Decompiler Tools: These programs attempt to revert EX4 code to MQ4, allowing easier editing to the script.
Customization Services: Professional services can help with code modifications, if the get more info source is not available.
Writing Your Own EAs in MQ4
Instead of converting, a user can develop their own EAs by leveraging MQL.
Benefits of Writing Your Own EAs
- Full control over trading logic.
- No constraints in developing the trading rules.
- You own the code.
Conclusion
If you choose to focus on EX4 or MQ4 files, having access to the source code can unlock new possibilities for achieving better results. With the right tools and knowledge, you’ll see more success in trading