It’s not a matter of one being better than the other. Mq4 is the source code, what humans can read. That allows you to see how the indicator works. When you add it to the MT4 folder, MT4 automatically compiles it to ex4, a format that MT4 can understand. Indicator vendors will give you the final product in ex4 so you cannot see how it works and steal it.
How to backtest an expert advisor forex. Guide to getting the best testing results.
There are a lot of decompilation services that claim that they can translate ex4 into mq4 so that you can see how an indicator works and make your own or modify it. I never tried it, but it is interesting. Hope that helps! Powered by, best viewed with JavaScript enabled.
GTS no longer offers decompiling services. Soal tes psikotes dan jawabannya. Whilst we believe it is up to the owner/submitter of EX4/MQ4 files to decide if they are breaking any copyrights and are not the legal owner of the files MetaQuotes (owner of MT4) have decided that the following agreement signed by users of MT4/5 prevents GTS from providing any decompiling services. GTS would like to point out, that we did not decompile EX4’s ourselves and files were always passed to a 3rd party. Further, for GTS to be in breach of the above agreement GTS itself would have to have to have agreed with “terms of the license agreement” which is only available to those who use the platform/indicators/expert advisors. That being said, we have agreed to remove the offered service as we have no desire to upset anyone as we think it is important that the trading community operates honestly and with integrity. We hope you understand.
It should be known that Metaquotes made no attempt to contact GTS directly and filed a legal “Notification of Claimed Infringement” with the host of GreatTradingSystems.com.