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How to Convert/decrypt MT4 Indicator from .ex4 to .mql4


Guest ArtJan

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Guest ArtJan the answer is yes but no.

The .mq4 source code file can be amended, the code of a .EX4 file can't.

If the program writer of the source code was happy to freely distribute the indicator in a form that others could alter, and then perhaps put their own name on it and then sell it on, then the program writer would distribute the source code .mq4 file. If they wanted to protect their work they would release the .EX4 file only. 

So trying to convert the .EX4 file to a .mq4 file is something akin to copy right theft.

Having said that you can buy decompiling programs that will do the job on ebay.

 

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