ABO V1.40 CNS Readers
ABO V1.40 CNS Readers — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 1.40. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 18 settings, for example TRADE OPTIONS (default ========================), BREAKOUT OPTIONS (default === (USE GMT+0 TIME ONLY) and AUTO MANUAL GMT. Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 16 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 · v1.40 · Free
About ABO V1.40 CNS Readers
ABO V1.40 CNS Readers is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 18 settings, such as Trade options, Breakout options and Auto manual gmt. MQL source code included.
It also trades only in the hours you set (time filter), can size trades from your balance and risk percent and has a news filter.
Files in the download: 0-17-05.png, Artemis.url, Artemis_Breakout_5.45_and_up.pdf, ABO v1.40 CNS Readers.ex4, ABO v1.40 CNS Readers.mq4, Artemis_DynamicTrend.ex4, Artemis_DynamicTrend.mq4, Artemis_FastTrend.ex4 ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Trade options | ========================== | |
| Breakout options | === (USE GMT+0 TIME ONLY) === | |
| Auto manual gmt | ||
| Trading hour options | === (USE GMT+0 TIME ONLY) === | |
| Filters options | ========================== | |
| Various options | ========================== | |
| Debug | 0 | |
| Trade if prev day range above pips | 130 | |
| Visuals | Options For On Screen Display | |
| Time options | === (USE GMT+0 TIME ONLY) === | |
| Sydney start | 22:00 | |
| Sydney end | 07:00 | |
| Tokyo start | 00:00 | |
| Tokyo end | 09:00 | |
| London start | 08:00 | |
| London end | 17:00 | |
| New york start | 13:00 | |
| New york end | 22:00 |
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: Martingale · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · News Trading · MT4 Indicator · MQL4 Source Code