BBQ EA V1.0.3
BBQ EA V1.0.3 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 1.0.3. Its source code uses RSI and moving averages. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 40 settings, for example Stop Loss (default 38), Take Profit (default 11) and Lots (default 0.1). 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 · v1.0.3 · Free
About BBQ EA V1.0.3
BBQ EA V1.0.3 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 can size trades from your balance and risk percent. It has 40 settings, such as Stop loss, Take profit and Lots. MQL source code included.
It also has a news filter.
Files in the download: BBQ_EA_v1.0.3.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 |
|---|---|---|
| Stop loss | 38 | Stop loss distance |
| Take profit | 11 | Take profit distance |
| Lots | 0.1 | Trade size in lots |
| Slip page | 0 | Maximum slippage allowed when opening a trade |
| Max spread | 2.0 | Maximum spread allowed to trade |
| Trailing stop | 4 | Trailing stop distance or switch |
| Trailing step | 0 | Trailing stop distance or switch |
| Break even | 0 | Move the stop to break-even |
| Movestopto | 1 | |
| Use mm | TRUE | |
| Percentage mm | 20.0 | |
| Time control | 0 | |
| Time zone | Adjust TimeZone if required | |
| Server time zone | 1 | |
| Trading times | Time & Newsfilter | |
| Hour start gmt | 8 | |
| Hour stop gmt | 21 | |
| Avoid news | TRUE | |
| Minimum impact | 3 | |
| Mins before news | 60 | |
| Mins after news | 30 | |
| Dont trade friday | Dont Trade After FridayFinalHourGMT | |
| Use friday final trade time | TRUE | |
| Friday final hour gmt | 11 | |
| Signal settings | Indicators | |
| Ma period | 99 | Period or timeframe used by the calculation |
| Slippage ma | 28 | Maximum slippage allowed when opening a trade |
| Williams period | 21 | Period or timeframe used by the calculation |
| Level high | 5 | |
| Level low | 95 | |
| Atr period | 18 | Period or timeframe used by the calculation |
| Level atr stop | 4 | |
| Cci period | 16 | Period or timeframe used by the calculation |
| Level cci high | 90 | |
| Level cci low | -110 | |
| Signal rsi | RSI settings | |
| Rsitimeframe1 | 1 | Period or timeframe used by the calculation |
| Rsiperiod1 | 6 | Number of bars in the calculation |
| Rsitimeframe2 | 5 | Period or timeframe used by the calculation |
| Rsiperiod2 | 10 | Number of bars in the calculation |
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: Trailing Stop & Break-even · Time Filter · Risk & Lot Size · News Trading · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code