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50M Acrossv01

50M Acrossv01 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages. It moves the stop behind price and can size trades from your risk. It has 16 settings, for example Minutes Between Orders (default 120), MAperiod (default 50) and Stop Loss (default 30). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 50M Acrossv01

50M Acrossv01 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 16 settings, such as Minutes between orders, M aperiod and Stop loss. MQL source code included.

Files in the download: 50MAcrossv01.mq4.

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

Settings

SettingDefaultWhat it does
Minutes between orders120
M aperiod50Period or timeframe used by the calculation
Stop loss30Stop loss distance
Take profit50Take profit distance
Trailing stop0Trailing stop distance or switch
Cl open buyBlue
Cl close buyAqua
Cl open sellRed
Cl close sellViolet
Cl modi buyBlue
Cl modi sellRed
Name expertMA Cross
Slippage5Maximum slippage allowed when opening a trade
Use soundTrueTurn this alert on or off
Name file soundalert.wavTurn this alert on or off
Lots0.10Trade size in lots

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: Trailing Stop & Break-even · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria