A Set Lot Size V1
This Old Kings script for MetaTrader 4 is called A Set Lot Size V1. The file name marks it as version 1. It has 6 settings, for example How To Use (default UseMoneyMgmt true calcul), How To Use 2 (default false uses HardCoded for) and Use Money Mgmt (default True). Scripts run once when you drop them on a chart; try it on a demo account first. 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.
Script · MT4 · v1 · Free
About A Set Lot Size V1
A Set Lot Size V1 is a script for MetaTrader 4. It has 6 settings, such as How to use, How to use 2 and Use money mgmt. MQL source code included.
Files in the download: A_SetLotSize_v1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| How to use | UseMoneyMgmt true calculates Lots, | |
| How to use 2 | false uses HardCoded for Lots. | |
| Use money mgmt | True | |
| Hard coded | 0.01 | |
| Risk percent | 1.5 | Risk per trade (percent of balance) |
| Stop loss | 19 | Stop loss distance |
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 → Scripts.
- 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 script onto a chart to run it once.
Tags: Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code