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Automatic

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Automatic. It moves the stop behind price. It has 40 settings, for example Len (default 7), Filter (default 0.0) and Lot (default 0.01). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 11 indicator 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 Automatic

Automatic is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Len, Filter and Lot. MQL source code included.

Files in the download: GATES911.ex4, GATES911.mq4, kg_ggh_signal_v1.1.2.ex4, PROPHETIC S ROBOT.ex4, PROPHETIC S ROBOT.mq4, SHI_SIGNAL.ex4, SHI_SIGNAL.mq4, slavation.ex4 ….

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

Settings

SettingDefaultWhat it does
Len7
Filter0.0
Lot0.01Trade size in lots
TP300Take profit distance
SL300Stop loss distance
Percent risk1.0Risk per trade (percent of balance)
Magic number205Magic number that tells this EA's orders apart
Trailing distance300Trailing stop distance or switch
Slippage3.0Maximum slippage allowed when opening a trade
Xbar5
Trend tfM15
First trade2
Wait trade3
Max trades2Ongoing trades
Trade count3
Trend ruleFollowTrend
Ma metod2
Ma period3Period or timeframe used by the calculation
Ma metod22
Ma period21Number of bars in the calculation
Lock pips enabledtrue
Lock pips threshold10
Lock pips2
Ma1 settings ====MA#1 Settings====
Use sma filtertrue
Ma1 period15Period or timeframe used by the calculation
Ma1 method0
Ma1 a price0
Ma2 settings ====MA#2 Settings====
Ma2 period15Period or timeframe used by the calculation
Ma2 method0
Ma2 a price0
Macd settings==== MACD Settings ====
Macd fast ema12
Macd slow ema26
Macd signal period9Period or timeframe used by the calculation
Channel surfer settings==== ChannelSurfer Settings ====
Use channel surfer fitler0
All bars240
Bars for fract0

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: Trailing Stop & Break-even · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria