MetaTrader is known as among the most popular software for financial trading in Forex. It offers automated strategies by means of automated advisors, custom scripts, and indicators. These capabilities are usually programmed in MetaTrader’s specialized language, MetaQuotes Language.
EX4: This type of file is an executable version of the MQ4 source code. It cannot be read or customized without certain processes.
MQ4: This type of file is the readable format written in MQL, allowing programmers to customize the logic of expert advisors and indicators.
Reasons to Convert EX4 to MQ4
Changing EX4 back to MQ4 may be useful when users need to customize an EA for optimization. In some cases, a trader might want to add new features or optimize its performance.
Available Solutions here for Conversion
Various tools offer multiple services that provide conversion from EX4 back to MQ4. These services help traders to reach the MQ4 format for advanced customization.
Some options include:
Decompiler Tools: These programs try to convert EX4 files back into MQ4, allowing easier editing to the code.
Customization Services: Experienced teams can help with EX4 file customization, where the original developer is not readily accessible.
Writing Your Own EAs in MQ4
Instead of converting, a user can develop tailor-made EAs by leveraging MQL.
Advantages of Building EAs
- Complete flexibility over strategy.
- Endless possibilities in developing the trading rules.
- All code belongs to you.
Summary
Whether you decide to convert EX4 to MQ4, modifying your trading tools can provide more flexibility for achieving better results. With proper guidance and tools, your trading performance can improve