2EMA Systemv032 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called 2EMA Systemv032 2. In the code it works with moving averages, ATR and Parabolic SAR. It moves the stop behind price and can size trades from your risk. It has 9 settings, for example mm (default -1), lp (default 300) and sp (default 30). 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 · v1.0 · Free
About 2EMA Systemv032 2
2EMA Systemv032 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, ATR and Parabolic SAR. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 9 settings, such as Mm, Lp and Sp. MQL source code included.
Files in the download: 2EMA_systemv032.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 |
|---|---|---|
| Mm | -1 | |
| Lp | 300 | |
| Sp | 30 | |
| Slip | 5 | |
| Risk | 40 | Risk per trade (percent of balance) |
| Lots | 1.0 | Trade size in lots |
| Take profit | 360 | Take profit distance |
| Stoploss | 50 | Stop loss distance |
| Trailing stop | 15 | Trailing stop distance or switch |
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: Trailing Stop & Break-even · Risk & Lot Size · Moving Average · ATR · Parabolic SAR · MT4 Expert Advisor · MQL4 Source Code