MetaTrader Custom Indicator files commonly utilize the MQ4 filename suffix. The MetaTrader Custom Indicator format standard was created by MetaQuotes Software. MQ4 files are supported by software applications for Windows-based devices. Data Files with the MQ4 suffix are classified as such.
There are 1326 different file types in the Data Files subset. MetaTrader is the most popular software that works with MQ4 files. Not only will you find thorough information on the MetaTrader software, but also about MQ4 and other supporting file formats, on the official website of MetaQuotes Software Corp.
What is MQ4?
The source code of programs written in the MQL4 programming language is stored in MQ4 files. Source code indicates that they may be accessed in MetaEditor for viewing or editing, and it is required to update the indicator’s code. It can be a Custom Indicator, Script, or Library file written in the MetaQuotes Language, with variables, functions, and comments.
A technical indicator written separately from those already integrated into the client terminal is known as a Custom Indicator. They, like built-in indicators, cannot be traded automatically and are solely meant to be used to accomplish analytical functions.
MetaTrader is a Web-Based Trading Platform for financial organizations that trade Forex, CFDs, and futures. MQ4 files can be opened in Microsoft Windows platforms with MetaQuotes MetaTrader.
How to Open a MQ4 File?
To open a MQ4 file, you’ll need software like MetaTrader from MetaQuotes Software Corp. You’ll get a Windows message like “How do you wish to open this file?” or “Windows cannot open this file” or a similar Mac/iPhone/Android alert if you don’t have the right software.
If you’re having trouble opening your MQ4 file, try right-clicking or long-pressing it. Then select a program from the “Open with” drop-down menu. A MQ4 file can also be viewed straight in the browser. Simply drag and drop the file into this browser window.
Double-click a.mq4 file, or any other file on your PC, to open it. The application that is supposed to open your.mq4 file will open it if your file associations are set up correctly. It’s conceivable that you’ll need to download or buy the appropriate program.
It’s also conceivable that you have the right application installed on your computer, but the .MQ4 files aren’t yet linked to it. When you try to open .MQ4 file in this situation, you can inform Windows which application is appropriate for that file. After that, when you open a .MQ4 File, it will launch the relevant application.
How to convert MQ4 File?
When you load MQ4 files into the Indicators folder, MetaTrader 4 automatically transforms them to EX4. Close and reopen MetaTrader to generate the EX4 file if it is open when the file is copied into that folder.
With the online MQ4 to Algo Converter, you may convert MQ4 to C#. Copy the contents of the file with a text editor, then paste it into that webpage and hit the convert button to get the C# output.