Belkhayatecexpertpadvisornv1.2ativocnewsnclose
Belkhayatecexpertpadvisornv1.2ativocnewsnclose — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It raises the lot size after losses (martingale — high risk), can hold buy and sell positions together and places pending orders. It has 40 settings, for example Avoid News (default true), Minimum Impact (default 1) and Mins Before News (default 30). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Belkhayatecexpertpadvisornv1.2ativocnewsnclose
Belkhayatecexpertpadvisornv1.2ativocnewsnclose is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), can hold buy and sell positions at the same time (hedging) and places pending buy/sell stop or limit orders. It has 40 settings, such as Avoid news, Minimum impact and Mins before news. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent.
Files in the download: belkhayatecexpertpadvisornv1.2ativocnewsnclose.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 |
|---|---|---|
| Avoid news | true | |
| Minimum impact | 1 | |
| Mins before news | 30 | |
| Mins after news | 30 | |
| S1 | ---------------- Center Of Gravity Setti | |
| Bars back | 120 | |
| M | 4 | |
| Kstd1 | 1.4 | |
| Kstd2 | 2.4 | |
| Kstd3 | 3.4 | |
| Exit at opposite | false | |
| S2 | ---------------- Money Management | |
| Lots | 0.1 | |-----------------------lots size |
| Risk mm | false | |---------------------risk management |
| Risk percent | 1 | |------------------risk percentage |
| Martingale | false | |-----------------martingale |
| Multiplier | 2.0 | |-----------------multiplier martingale |
| Min lots | 0.01 | |-------------------minlots |
| Max lots | 100 | |--------------------maxlots |
| Increment lots | true | |
| Incremented lots | 0.1 | |
| Use target profit | true | |
| Target profit | 10 | |
| Basket profit loss | false | |-----------use basket loss/profit |
| Basket profit | 100000 | |---------------if equity reaches this level, close trades |
| Basket loss | 9999 | |-------------------if equity reaches this negative level, close trades |
| S3 | ---------------- Order Management | |
| Stop loss | 0 | |------------------------stop loss |
| Take profit | 0 | |----------------------take profit |
| Hide sl | false | |---------------------hide stop loss |
| Hide tp | false | |---------------------hide take profit |
| Trailing stop | 0 | |--------------------trailing stop |
| Trailing step | 0 | |--------------------trailing step |
| Break even | 0 | |-----------------------break even |
| Max orders | 100 | |---------------------maximum orders allowed |
| Slippage | 3 | |------------------------slippage |
| Magic | 2009 | |------------------------magic number |
| S4 | ---------------- MA Filter | |
| Ma filter | false | |-------------------moving average filter |
| Ma period | 20 | |-----------------------ma filter period |
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 · Hedging · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code