9eagbolltrade Ron Mt4 V03c
9eagbolltrade Ron Mt4 V03c is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses Bollinger Bands. It can size trades from your risk. It has 7 settings, for example Profit Made (default 3), Loss Limit (default 20) and BDistance (default 3). 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 · v03c · Free
About 9eagbolltrade Ron Mt4 V03c
9eagbolltrade Ron Mt4 V03c is an expert advisor (trading robot) for MetaTrader 4 based on Bollinger Bands. It can size trades from your balance and risk percent. It has 7 settings, such as Profit made, Loss limit and B distance. MQL source code included.
Files in the download: 9eagbolltrade_ron_mt4_v03c_www_forex-instruments_info.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 | 3 | how much money do you expect to make |
| Loss limit | 20 | how much loss can you tolorate |
| B distance | 3 | plus how much |
| B period | 4 | Bollinger period |
| Deviation | 2 | Bollinger deviation |
| Lots | 1.0 | how many lots to trade at a time |
| Lot increase | true | grow lots based on balance = true |
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: Risk & Lot Size · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code