Bl Cma
Bl Cma — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses the Stochastic oscillator and moving averages. It moves the stop behind price and can size trades from your risk. It has 11 settings, for example whichmethod (default 4), Take Profit (default 348) and Stop Loss (default 30). 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 Bl Cma
Bl Cma is an expert advisor (trading robot) for MetaTrader 4 based on Stochastic and Moving Average. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 11 settings, such as Whichmethod, Take profit and Stop loss. MQL source code included.
Files in the download: blCma.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 |
|---|---|---|
| Whichmethod | 4 | |
| Take profit | 348 | Take profit distance |
| Stop loss | 30 | Stop loss distance |
| Maximum risk | 0.02 | Risk per trade (percent of balance) |
| Trailing stop | 50 | Trailing stop distance or switch |
| Max open | 3 | |
| Max lots | 5 | |
| Bb | 1 | |
| M pd3 | 3 | |
| M pd5 | 5 | |
| M pd21 | 21 |
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 · Risk & Lot Size · Stochastic · Moving Average · MT4 Expert Advisor · MQL4 Source Code