AI Forex Robot
AI Forex Robot is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages and Heiken Ashi. It moves the stop behind price and can size trades from your risk. It has 11 settings, for example MA (default 8), Number Of Closes (default 5) and Use Money Management (default TRUE). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files 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 AI Forex Robot
AI Forex Robot is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and Heiken Ashi. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 11 settings, such as MA, Number of closes and Use money management. MQL source code included.
Files in the download: AI-FXRobot-V-1-nonexp.ex4, AI-FXRobot-V-1-nonexp.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 |
|---|---|---|
| MA | 8 | |
| Number of closes | 5 | |
| Use money management | TRUE | |
| Risk | 2.0 | Risk per trade (percent of balance) |
| Lots | 0.1 | Trade size in lots |
| Be trigger | 40 | |
| SL | 80 | Stop loss distance |
| TP | 40 | Take profit distance |
| Magic number | 7645034 | Magic number that tells this EA's orders apart |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Broker5 digits | FALSE |
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: AI & Neural Network · Trailing Stop & Break-even · Risk & Lot Size · Moving Average · Heiken Ashi · MT4 Expert Advisor · MQL4 Source Code