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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:
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.