What is the EX4 to MQ4 Decompiler?
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This specialized software, an EX4 to MQ4 converter created to undo the code compiling action for programs operating via the MT4 trading platform.
Function and Files
The MetaTrader 4 platform uses the MetaQuotes Language 4 (MQL4) for creating custom Expert Advisors (EAs), indicators, and scripts.
The MQ4 file contains the source code (human-readable code) created by the programmer. This is what you can open and edit in the MetaEditor.
The EX4 file is the ready-to-run, compiled file of the MQ4 code. Developers compile MQ4 files into EX4 files for distribution, as the compiled version executes more quickly on the trading terminal and protects the original source code from being easily viewed or modified.
The decompiler attempts to convert the executable EX4 file back into a close approximation of the original MQ4 source code.
Key Goals and Rationale
The primary reasons developers or traders seek to decompile EX4 files include:
Code Recovery: Recovering lost source code (MQ4) for an EA or indicator when only the compiled EX4 file remains e.g., after a computer crash.
Modification/Debugging: Gaining source code access to adjust, debug, or change the logic of an indicator or EA.
Analysis: Analyzing the trading logic and algorithms used by a compiled program.
Limitations and Ethics
It's important to note the following:
Newer MT4 Builds: Modern versions of MT4 (Build 600 and later, released since 2014) use a different and more secure compilation method, making decompilation significantly more difficult, if not impossible, for most commercial decompilers.
Incomplete Code: Decompilers often produce code that is scrambled, messy, or lacking crucial parts, requiring extensive manual effort to restore functionality.
Legal/Ethical Issues: Decompiling commercial EAs or indicators with the intent to copy or steal the underlying strategy is generally a violation of the developer's IP rights and is often considered unethical or illegal.
Function and Files
The MetaTrader 4 platform uses the MetaQuotes Language 4 (MQL4) for creating custom Expert Advisors (EAs), indicators, and scripts.
The MQ4 file contains the source code (human-readable code) created by the programmer. This is what you can open and edit in the MetaEditor.
The EX4 file is the ready-to-run, compiled file of the MQ4 code. Developers compile MQ4 files into EX4 files for distribution, as the compiled version executes more quickly on the trading terminal and protects the original source code from being easily viewed or modified.
The decompiler attempts to convert the executable EX4 file back into a close approximation of the original MQ4 source code.
Key Goals and Rationale
The primary reasons developers or traders seek to decompile EX4 files include:
Code Recovery: Recovering lost source code (MQ4) for an EA or indicator when only the compiled EX4 file remains e.g., after a computer crash.
Modification/Debugging: Gaining source code access to adjust, debug, or change the logic of an indicator or EA.
Analysis: Analyzing the trading logic and algorithms used by a compiled program.
Limitations and Ethics
It's important to note the following:
Newer MT4 Builds: Modern versions of MT4 (Build 600 and later, released since 2014) use a different and more secure compilation method, making decompilation significantly more difficult, if not impossible, for most commercial decompilers.
Incomplete Code: Decompilers often produce code that is scrambled, messy, or lacking crucial parts, requiring extensive manual effort to restore functionality.
Legal/Ethical Issues: Decompiling commercial EAs or indicators with the intent to copy or steal the underlying strategy is generally a violation of the developer's IP rights and is often considered unethical or illegal.
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