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MQL Defender
Protect your Metatrader indicators and expert advisors
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Everyone loves Metatrader, but there are two well-known commercial problems with its indicators and expert advisors:
- EX4 files can be freely copied from one computer to another
- EX4 files can easily be decompiled back into MQ4 files
In other words: there's no reliable way of protecting your files so that people can't make unauthorised copies of them, and anyone can poke around inside them to discover the secret of your calculations. Any licensing which you do try to build in can be turned off simply by decompiling the EX4 file.
MQL Defender - the solution!
MQL Defender solves both these problems:
- It protects your indicators and expert advisors against decompilation
- It licenses EX4 files so that they stop working if they're copied to a new computer
MQL Defender also addresses another very important issue:
- It caters for time-limited licences - vital for selling your indicators or expert advisors on a subscription basis
Your indicator or expert advisor has more credibility if you sell it on a subscription basis rather than for a one-off up-front fee. If it really works and makes money, why would you give it to someone in perpetuity in return for a single payment? Selling your indicator or expert advisor on a subscription basis proves that you yourself have faith in it.
Protect expert advisors AND indicators
MQL Defender protects any EX4 file - not just expert advisors, but indicators as well.
For the first time, Metatrader developers can license and sell indicators, allowing their clients to choose how to trade the signals, rather than having to package up the indicator as an expert advisor and lock it away behind a hosting solution.