MetaTrader 4 is one of the most commonly used applications for trading in the Forex market. It offers automated systems by means of EAs, scripts, and custom indicators. These tools can be programmed in MetaQuotes’ proprietary language, MQL4.
EX4: This type of file is a compiled version of the MQ4 source code. It’s converted to machine code or edited without certain steps.
MQ4: This refers to the original code written in MQL, letting traders to enhance the functionality of expert advisors and indicators.
Reasons to Convert EX4 to MQ4
Converting EX4 back to MQ4 may be useful when developers want to customize an EA for personal use. For instance, a trader might want to change a trading strategy or optimize its performance.
Available Solutions for Conversion
Various tools offer many tools that provide conversion from EX4 back to MQ4. These services enable customization to reach the MQ4 format for advanced customization.
Common options ex4 to mq4 are:
Decompiler Tools: These applications attempt to revert EX4 code to MQ4, allowing easier editing to the script.
Customization Services: Several developers provide EX4 file customization, even if the original source is not directly provided.
Building Custom Expert Advisors in MQ4
Instead of converting, a user can develop their own EAs with the help of MQL.
Advantages of Building EAs
- Complete flexibility over parameters.
- No limitations in creating the trading rules.
- The source code is yours.
Final Thoughts
If you choose to focus on EX4 or MQ4 files, having access to the source code can open new opportunities for personalized trading. By using available tools and resources, you can enhance your trading experience