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50M Amin

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called 50M Amin. In the code it works with moving averages. It moves the stop behind price and can size trades from your risk. It has 13 settings, for example l Trailing Stop (default 13), s Trailing Stop (default 21) and cl Open Buy (default Blue). 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 50M Amin

50M Amin 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 13 settings, such as L trailing stop, S trailing stop and Cl open buy. MQL source code included.

Files in the download: 50MAmin.mq4.

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

Settings

SettingDefaultWhat it does
L trailing stop13Trailing stop distance or switch
S trailing stop21Trailing stop distance or switch
Cl open buyBlue
Cl close buyAqua
Cl open sellRed
Cl close sellViolet
Cl modi buyBlue
Cl modi sellRed
Name expertGenerate from Gordago
Slippage2Maximum slippage allowed when opening a trade
Use soundFalseTurn this alert on or off
Name file soundalert.wavTurn this alert on or off
Lots5Trade 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