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Beast EA V5 3 3

From the Old Kings archive: Beast EA V5 3 3, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 5.3.3. It raises the lot size after losses (martingale — high risk), works with a grid of orders and moves the stop behind price. It has 15 settings, for example Indicator Name (default Beast Super Signal), Lot Size (default 0.1) and Risk (default 1.00). 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 · v5 · Free

About Beast EA V5 3 3

Beast EA V5 3 3 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and moves the stop loss behind price (trailing stop / break-even). It has 15 settings, such as Indicator name, Lot size and Risk. MQL source code included.

It also trades only in the hours you set (time filter) and can size trades from your balance and risk percent.

Files in the download: Beast_EA_V5 (3).mq4.

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

Settings

SettingDefaultWhat it does
Indicator nameBeast Super Signal
Lot size0.1Trade size in lots
Risk1.00Money Management %(0 = Fixed Lot above)
Take profit10Take profit distance
Stop loss100Stop loss distance
Trailing stop10Trailing stop distance or switch
Close opposite signaltrueClose on Opposite Signal ?
Martingale optionSECOND_MARTINGALEMartingale Option
Multiply2.00Lot Multiplier
Pip step30Pip Step
Max trades10Max Trades
Trading hoursfalse
Start hour7Hour when trading starts (server time)
Finish hour23Hour when trading stops (server time)
Magic number20180203Magic number that tells this EA's orders apart

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: Martingale · Grid · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria