Ademola 3 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Ademola 3 2. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 11 settings, for example Expert ID (default 108888), Take Profit (default 40) and use Stop Loss (default true). 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 Ademola 3 2
Ademola 3 2 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 11 settings, such as Expert id, Take profit and Use stop loss. MQL source code included.
It also works on several symbols at once.
Files in the download: Ademola (2).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 |
|---|---|---|
| Expert id | 108888 | |
| Take profit | 40 | Take profit distance |
| Use stop loss | true | Stop loss distance |
| Stop loss | 20 | Stop loss distance |
| Lots | 0.01 | Trade size in lots |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Use time filter | true | |
| Start trade time | 1 | |
| Use money management | true | |
| Account is micro | true | |
| Risk | 10 | risk in percentage % (10% of risk in this case) |
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: Pending Orders · Time Filter · Risk & Lot Size · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code