Arttrader V1 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Arttrader V1 2. The file name marks it as version 1.2. In the code it works with moving averages. It has 16 settings, for example NUM LOTS (default 1.0), EMA SPEED (default 11.0) and BIG JUMP (default 30.0). 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 · Free
About Arttrader V1 2
Arttrader V1 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It has 16 settings, such as Num lots, Ema speed and Big jump. MQL source code included.
Files in the download: Arttrader_v1_5.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 |
|---|---|---|
| Num lots | 1.0 | How many lots to deal with (may be less than one) |
| Ema speed | 11.0 | The period for the averager |
| Big jump | 30.0 | Check for too-big candlesticks (avoid them) |
| Double jump | 55.0 | Check for pairs of big candlesticks |
| Stop loss | 20.0 | A smart stop-loss |
| Emergency loss | 50.0 | The trade's stop loss in case of program error |
| Take profit | 25.0 | The trade's take profit |
| Slope small | 5.0 | The minimum EMA slope to enter a trade |
| Slope large | 8.0 | The maximum EMA slope to enter a trade |
| Minutes begin | 25.0 | Wait this long to determine candlestick lows/highs |
| Minutes end | 25.0 | Wait this long to determine candlestick lows/highs |
| Slip begin | 0.0 | An allowance between the close and low/high price |
| Slip end | 0.0 | An allowance between the close and low/high price |
| Min volume | 0.0 | If the previous volume is not above this, exit the trade |
| Slippage | 3.0 | This is for the OrderSend command |
| Adjust | 1.0 | A strange but functional imaginary spread adjustment |
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: Moving Average · MT4 Expert Advisor · MQL4 Source Code