2 Bar Trend Ron MT4 V01
From the Old Kings archive: 2 Bar Trend Ron MT4 V01, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is following the trend. The file name marks it as version 01. It has 3 settings, for example Profit Made (default 65), Loss Limit (default 20) and OCSpread (default 8). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 · v01 · Free
About 2 Bar Trend Ron MT4 V01
2 Bar Trend Ron MT4 V01 is an expert advisor (trading robot) for MetaTrader 4. It has 3 settings, such as Profit made, Loss limit and Oc spread. MQL source code included.
Files in the download: [ea]2Bar trend_Ron_MT4_v01.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Profit made | 65 | |
| Loss limit | 20 | |
| Oc spread | 8 | Maximum spread allowed to trade |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Trend · MT4 Expert Advisor · MQL4 Source Code