2EMA Systemv032
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called 2EMA Systemv032. 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). 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 2EMA Systemv032
2EMA Systemv032 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