Yes, but the difference is usually millisecond-level. The real speed benefit comes from writing efficient MQL4 code, not just compiling.
MQ4 and EX4 are file formats used in MetaTrader, a popular trading platform for Forex and other financial markets. MQ4 is the source code file format used for creating Expert Advisors (EAs), indicators, and scripts, while EX4 is the compiled format that can be executed directly on the MetaTrader platform. mq4 to ex4
file is the "finished product." It is a compiled version of the MQ4 source code. Yes, but the difference is usually millisecond-level
Converting (source code) to (executable) is a process called MQ4 is the source code file format used
This method uses the built-in compiler that comes with every MetaTrader 4 installation.
: Click the yellow diamond icon in your MetaTrader 4 terminal or press F4 .