MetaQuotes will block any solutions by third party developers that attribute their systems and software On 15. april 2013.
This message is true. But there is no room for panic and wrong conclusions. Yes, custom indicators, expert advisors you can use in future, dear traders. News and titles such as “MetaQuotes block the Experts” etc. are not true. MetaQuotes is developer and they has Metatrader developer licence. MetaQuotes wants to stop DLL and EXE modifications to Metatrader platform.
Please read full MetaQuotes statement :
MetaQuotes statement below:
“Last month we warned that modification of distribution packages, implementation of third-party applications, as well as decreasing security level by unconditional activation of DLL calls are forbidden:
Unfortunately, some brokers and third-party developers do not pay attention to MetaQuotes Software Corp. license agreements implementing third-party components to the terminals and modifying distribution packages.
Therefore, we have to raise this issue and recall several conditions:
paragraph 2.3 of the license agreement for MetaTrader 4 and MetaTrader 5 client terminals
No Modifications: You will not undertake, cause, permit or authorize the modification, translation into other languages, creation of derivative works, reverse engineering, decompiling, disassembling or hacking of the MetaQuotes’ Software or any part thereof. You will also not create other software based on the MetaQuotes’ software.
subparagraph of the “Rights and Obligations of the Parties” section related to the Licensee of the license agreement for MetaTrader 4 and MetaTrader 5 trading platforms
Not adapt, reproduce, enhance, translate, reverse engineer, decompile, disassemble or otherwise modify or engage in any other similar manipulation of the System or any portion thereof without the Licensor’s express prior written approval.
We strongly oppose the inclusion of any DLL/EXE files in the client terminals, forced activation of DLL calls with changes in the program’s default settings, as well as modifying distribution packages.
We earnestly ask all our clients to withdraw from using modifications. Only conventional distributions are allowed for use.
We strongly urge anyone using these or similar modifications to return to the conventional unmodified installation files till April 15, 2013.
All such modifications are forbidden and will be blocked in the terminals. We also do not allow MT4i LLP to use our trademarks and sell any applications relating to MetaTrader platforms. “