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Bago Ea

From the Old Kings archive: Bago Ea, an expert advisor (trading robot) for MetaTrader 4. In the code it works with RSI and moving averages. It moves the stop behind price, has a trading-hours filter and handles several symbols. It has 18 settings, for example Trailing Stop (default 30), Cross Effective Time (default 2) and Tunnel Band Width (default 0). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Bago Ea

Bago Ea is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and works on several symbols at once. It has 18 settings, such as Trailing stop, Cross effective time and Tunnel band width. MQL source code included.

Files in the download: Bago_ea.mq4.

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

Settings

SettingDefaultWhat it does
Trailing stop30Trailing stop distance or switch
Cross effective time2
Tunnel band width0
Tunnel safe zone120
Hard stop loss30Stop loss distance
Stop loss to fibo20Stop loss distance
London opentrue
New york opentrue
Tokyo opentrue
Faster ema5
Slower ema12
Rsi period21Period or timeframe used by the calculation
Total lots3.0
Tp level155
Tp level1 lots1.0
Tp level289
Tp level2 lots1.0
Tp level3144

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 · Time Filter · Multi-Currency · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria