MT4 is known as one of the most well-known software for traders in markets. It supports automated trading by means of automated advisors, code scripts, and indicators. These functions can be coded in MetaQuotes’ specialized language, MQL.
EX4: This type of file is a compiled version of the MQ4 file. It cannot be read or customized without certain steps.
MQ4: This type of file is the original code written in MQL4, enabling users to customize the logic of expert advisors and indicators.
Why Convert EX4 to MQ4?
Switching EX4 back to MQ4 is a common need when a trader wants to edit an EA for optimization. In some cases, a user may prefer to add new features or improve performance.
Available Solutions for Conversion
You’ll find available software that let conversion from EX4 back to MQ4. These services help traders to reach the MQ4 format for advanced customization.
Some options include:
Decompiler Tools: These applications focus on turning EX4 scripts back into MQ4, allowing easier editing to the script.
Customization Services: Professional services can help with EX4 file customization, even if the original source is not readily accessible.
How to Create Custom EAs in MQ4
Rather than focusing on conversion, you can write tailor-made EAs by leveraging MQL4.
Reasons to Develop Custom EAs
- Full control over strategy.
- Endless possibilities in designing the trading rules.
- You own the code.
Final Thoughts
If you choose to convert EX4 to MQ4, website customizing your trading strategy can open new opportunities for personalized trading. With proper guidance and tools, your trading performance can improve