Amazing EA 1.1.8
Amazing EA 1.1.8 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It places pending orders, moves the stop behind price and can size trades from your risk. It has 16 settings, for example Pipsaway (default 10), TP (default 20) and SL (default 10). 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 Amazing EA 1.1.8
Amazing EA 1.1.8 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 16 settings, such as Pipsaway, TP and SL. MQL source code included.
It also has a news filter.
Files in the download: AmazingEA-1.1.8.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 |
|---|---|---|
| Pipsaway | 10 | |
| TP | 20 | The Exact Amount Of the Pips u will get as the profit in your account |
| SL | 10 | Stop Loss amount in pips |
| N day | 15 | News Day |
| N hour | 15 | News Hour FXDD |
| N min | 30 | News Minute FXDD |
| Sec bpo | 300 | Seconds Before News Which EA Will Place Pending Orders |
| Sec bmo | 0 | Seconds Before News Which EA Will Stop Modifying Orders |
| STWAN | 150 | Seconds To Wait After News to Delete Pending Orders |
| OCO | true | One Cancel The Other , will cancel the other pending order if one of them is hit |
| Be pips | 0 | Pips In profit which EA will Move SL to BE+1 after that |
| Trailing stop | 0 | Trailing Stop |
| Mm | false | |
| Risk percent | 3 | Risk per trade (percent of balance) |
| Lots | 0.1 | Trade size in lots |
| Trade log | MI_Log |
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 · Trailing Stop & Break-even · Risk & Lot Size · News Trading · MT4 Expert Advisor · MQL4 Source Code