Nobody has done/tried this before?
If you succeed in reverse engineering it then please document it publicly (publish it from somewhere outside the USA where reverse engineering is still allowed). A lot of people would be very interested and it would open up a whole bunch of new applications for the MetaTrader platform.
hi
http://sites.google.com/site/mt4serverapi/home
A few years later... I tried accessing the above link but had to request permission. Did anything ever come of this?

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Hi everyone,
I'm planning on developing an API that communicates with the mt4/mt5 servers directly.
Standalone win32 applications should then be able to use this api to communicate with the server without having to run the metatrader client. I've searched online but haven't found a good way to do this.
Does anyone know if a metatrader server api (and documentation for this api) is available online? Are there any good tutorials out there on how to communicate directly with the server?
Thanks!