Blazer 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Blazer 2. In the code it works with MACD and RSI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and moves the stop behind price. It has 27 settings, for example geral01, Lots (default 0.01) and Lot Exponent (default 1.55). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 2 settings files (.set). 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 Blazer 2
Blazer 2 is an expert advisor (trading robot) for MetaTrader 4 based on MACD and RSI. 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 27 settings, such as Geral01, Lots and Lot exponent. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: FREE TRADING SYSTEMS AND INDICATORS.url, Blazer_files\DetailedStatement.gif, MQL4\Experts\Blazer EA.ex4, MQL4\Experts\Blazer EA.mq4, MQL4\Presets\Blazer Robot - H1 - 1.000.set, MQL4\Presets\Blazer Robot - H1 - 500.set.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Geral01 | CONFIGURAЗХES GERAIS | |
| Lots | 0.01 | Lotes Manuais |
| Lot exponent | 1.55 | Fator incremento manual |
| Pip step | 30.0 | PIP Step |
| Max lots | 100.0 | Max Lotes |
| Take profit | 10.0 | Take Profit |
| Use equity stop | FALSE | Usar EquityStop? |
| Total equity risk | 20.0 | Risco Total para EquityStop |
| Use trailing stop | TRUE | Usa Trailling Stopґ? |
| Trail start | 13.0 | Inicio TraillingStop |
| Trail stop | 3.0 | Tamanho Trailling stop |
| Slip | 5.0 | Derrapagem (Slippage) |
| Mm01 | GERENCIAMENTO DE CAPITAL | |
| Mm active | TRUE | Utiliza gerenciamento de capital? |
| Mm02 | Lote = Fator * Lote Mнnimo | Fator de Multiplicaзгo = Saldo / Fator |
| Mm03 | Lote Minimo: 0.02 | Ex. Saldo: $ 2.247,30 Fator: $ 1.000,00 |
| Mm04 | Lote = 2 * 0.02 => 0.04 | Fator de Multiplicaзгo = 2.247,30/500=2,2473 => 2 |
| Mm05 | Lote serб sempre 0.01 | Enquanto o saldo estiver abaixo do fator |
| Mm factor | 1000 | Fator de Incremento, baseado no saldo |
| Mm min lot | 0.01 | Lote Mнnimo |
| Es01 | ESTRATЙGIAS | |
| Blazer1 | true | Ativa Estratйgia 1 |
| Max trades hilo | 10 | Max Trades Estratйgia 1 |
| Blazer2 | true | Ativa Estratйgia 2 |
| Max trades 15 | 10 | Max Trades Estratйgia 2 |
| Blazer3 | true | Ativa Estratйgia 3 |
| Max trades 16 | 10 | Max Trades Estratйgia 3 |
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 · Grid · Trailing Stop & Break-even · Risk & Lot Size · MACD · RSI · MT4 Expert Advisor · MQL4 Source Code