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½«ßnF

From the Old Kings archive: ½«ßnF, an expert advisor (trading robot) for MetaTrader 4. It places pending orders and moves the stop behind price. It has 18 settings, for example n (default --- --- ), Step (default 5) and Orders (default 5). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About ½«ßnF

½«ßnF is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 18 settings, such as N, Step and Orders. MQL source code included.

Files in the download: ½«ßnF.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
N --- ---
Step5Distance between orders
Orders5(.=10)
Lock limit5-
Ts ---- ------
Start bu20() 0-.
Level bu1()
Trailing stop300- .
Trailing step5Trailing stop distance or switch
S---- ------
S loss00 -
T profit00 - .
Profit300-.
Start lot0.01
Lot step0.030-.
Kmm00-.
M --- ----
Magic2012Magic number that tells this EA's orders apart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria