MetaTrader 4 is known as among the most widely used applications for financial trading in financial markets. It allows automated trading via expert advisors, code scripts, and indicators. These functions are often programmed in MT4’s proprietary language, MQL4.
EX4: This is an executable version of the original MQ4 code. It is in machine code or edited without certain steps.
MQ4: This file format is the readable format written in MQL4, allowing developers to customize the strategy of expert advisors and indicators.
Benefits of Converting EX4 to MQ4?
Converting EX4 to source code is a common need when developers want to edit an expert advisor for personal use. For example, you might want to change a trading strategy or improve performance.
Tools to Convert EX4 to MQ4
There are many tools that allow conversion from EX4 back to MQ4. These programs enable customization to open the MQ4 format for advanced customization.
Common options are:
Decompiler Tools: These programs attempt to revert EX4 scripts into MQ4, allowing easier editing to the source code.
Customization Services: Experienced teams can help with code modifications, where the original developer is not directly provided.
Writing Your Own EAs in MQ4
As an alternative to conversion, you can develop their own EAs using MetaQuotes Language.
Benefits of Writing Your Own EAs
- Full control over strategy.
- No limitations in developing the trading rules.
- You own the code.
Summary
If you choose to focus on EX4 or MQ4 files, customizing your trading strategy can open new opportunities for enhancing your strategies. With the right tools and knowledge, you can enhance your more info trading experience