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The EX4 and the MQ4 files are associated with the MetaTrader 4 trading platform. They both are vital in the online trading at FOREX market. These files can contain program code of expert advisors (EA), indicators or scripts. The difference between them lies in the fact that the files of the first type are executable (*.EX4) and *.MQ4 files contain a source code. Availability of source code in this case is critically important for several reasons. Here are some of them:
- This allows you to understand the logic of the trading program, its algorithm. It is very important because you trust this program to manage your money.
- This enables modify the source code and thereby change the algorithm of EA in accordance with current market requirements.
- This makes it possible to remove any restrictions imposed by developers, such as limiting the time of work or number of trading accounts.
Some developers betweentimes forget to attach the source code to its products. In these cases requires a decompilation, i.e. files translation from .EX4 to .MQ4 format.
GTS no longer offers decompiling services.
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.
Ex4 To Mq4 4.0.509.5 Ware.exe 2013 -
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.
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