It is the language of choice for developing automated trading systems for MetaTrader 4. The MQL4 is a programming language used to develop trading robots or Expert Advisors. We’ll also discuss the advantages of algorithmic trading and software development. Let’s look at them both and see how they differ.
EX4 is an executable file made from compiled MQL4 code. Photo Credits: by Philip Taylorĭo you want to know the differences between MQL4 and EX4 programming languages? MQL4 is a language for creating trading robots and Expert Advisors. Understanding the Differences between MQL4 and EX4 However, it is important to be aware of common errors and best practices for MQL4 coding. To convert MQL4 to EX4, one can use the MetaEditor to manually convert the code or use external software to decompile, modify and recompile the code.MQL4 is a programming language used for the development of Expert Advisors and Trading Robots, while EX4 is an executable file format used for live trading on the MetaTrader 4 platform.Understanding the differences between the two is crucial. MQL4 and EX4 are programming languages used in Forex trading for automated trading and trading strategies.