Assar V8 Decomp By Sharkfxo
From the Old Kings archive: Assar V8 Decomp By Sharkfxo, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 8. In the code it works with moving averages. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 11 settings, for example Contact (default www.fxmillionea.com), Important1 (default Use default setting with) and Important2 (default Use on any time frame. B). 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 · v8 · Free
About Assar V8 Decomp By Sharkfxo
Assar V8 Decomp By Sharkfxo is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 11 settings, such as Contact, Important1 and Important2. MQL source code included.
It also can size trades from your balance and risk percent and looks for price differences (arbitrage).
Files in the download: ASSAR V8 decomp by sharkfxo.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 |
|---|---|---|
| Contact | www.fxmillionea.com | |
| Important1 | Use default setting with leverage 1:500! | |
| Important2 | Use on any time frame. But do NOT move b | |
| Currency | Any currency pair. | |
| Mm | TRUE | |
| Risk | 1 | Risk per trade (percent of balance) |
| Default lot | 0.01 | |
| Max spread | 4.0 | Maximum spread allowed to trade |
| Stop loss | 20.0 | Stop loss distance |
| Take profit | 5.0 | Take profit distance |
| Trailing start | 1.0 | Trailing stop distance or switch |
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: Martingale · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Arbitrage · Moving Average · MT4 Expert Advisor · MQL4 Source Code