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Aladdin5FX 3

Aladdin5FX 3 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses the Stochastic oscillator. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example EA Name (default Aladdin 5 FX), Creator (default Copyright 2011, Finans ) and Options1 (default -------Trading-------). 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 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 · v1.0 · Free

About Aladdin5FX 3

Aladdin5FX 3 is an expert advisor (trading robot) for MetaTrader 4 based on Stochastic. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Ea name, Creator and Options1. MQL source code included.

It also can size trades from your balance and risk percent and works on several symbols at once.

Files in the download: Aladdin5FX Manual Ru.pdf, Aladdin5FX.mq4, Описание.txt.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Ea nameAladdin 5 FX
CreatorCopyright 2011, Finans Plus Company
Options1-------Trading-------
Close only profitTRUE
Take profit34Take profit distance
Stop loss22Stop loss distance
Max spread2.0Maximum spread allowed to trade
Slippage2.0Maximum slippage allowed when opening a trade
Options2-------MoneyManagement-------
Auto mm10.0
Auto mm max20.0
Fixed lot0.01Trade size in lots
Start lot0.0
Maximal lot1000.0
Recovery modeTRUE
Options3---If RecoveryMode = TRUE, setup---
Max analiz count50
Risk25.0Risk per trade (percent of balance)
Risk free margin0.5Risk per trade (percent of balance)
Risk margin0.0Risk per trade (percent of balance)
Multi lot percent2.0
Options4-------Parametres Orders-------
Use stop levelsTRUE
Stop order0.0
Time stop order20.0
If stop20
K stop1.0
Modif stopTRUE
Order dol2.0
K dol2.0
Modif dolFALSE
Modif takeFALSE
Limit order0.0
Time l11.0
K limit1.5
Delete limitTRUE
Delete limit uTRUE
Revers order0
K revers2.0
Time rewers11.0

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Multi-Currency · Stochastic · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria