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Blessing 3 V3.7

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Blessing 3 V3.7. The file name marks it as version 3.7. It raises the lot size after losses (martingale — high risk), works with a grid of orders and can hold buy and sell positions together. It has 40 settings, for example Trade Comment (default Blessing 3.7), EANumber (default 1) and Label Acc (default Account Trading Settings). 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 a PDF guide. 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 · v3.7 · Free

About Blessing 3 V3.7

Blessing 3 V3.7 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 can hold buy and sell positions at the same time (hedging). It has 40 settings, such as Trade comment, Ea number and Label acc. MQL source code included.

It also places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter).

Files in the download: B3Entries.xls, Blessing 3 v3.7 Manual.pdf, Blessing 3 v3.7.ex4, Blessing 3 v3.7.mq4.

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

Settings

SettingDefaultWhat it does
Trade commentBlessing 3.7Comment written on the orders
Ea number1Enter a unique number to identify this EA
Label accAccount Trading Settings:
Shut downfalseSetting this to true will stop the EA trading after any open trades have been closed
Stop trade percent10percent of account balance lost before trading stops
Ibf xmicrofalseset to true for IBFX micro "penny a pip"
Portion pc100Percentage of account you want to trade on this pair
Max dd percent50Percent of portion for max drawdown level.
Use holiday shutdowntrueWill shutdown over holiday period
Holidays18/12-01/01List of holidays, each seperated by a comma, [day]/[mth]-[day]/[mth], dates inclusive
Label iesIndicator / Entry Settings:
B3 traditionaltrueStop/Limits for entry if true, Buys/Sells if false
Force market cond3Market condition 0=uptrend 1=downtrend 2=range 3=off
Use any entryfalsetrue = ANY entry can be used to open orders, false = ALL entries used to open orders
Ma entry10 = Off, 1 = will base entry on MA channel, 2 = will trade in reverse
Cci entry00 = Off, 1 = will base entry on CCI indicator, 2 = will trade in reverse
Bollinger stoch entry00 = Off, 1 = will base entry on BB, with Stoch confirmation, 2 = will trade in reverse
Label lsLot Size Settings:
Use mmtrueMoney Management
LAF0.5Adjusts MM base lot for large accounts
Lot0.01Starting lots if Money Management is off
Multiplier1.4Multiplier on each level
Linear lot sizefalseUse linear increment of lots, if this is true, ignores multiplier
Label gsGrid Settings:
Auto calfalseAuto calculation of TakeProfit and Grid size;
GAF1.0Widens/Squishes Grid on increments/decrements of .1
Entry delay2400Time Grid in seconds, to avoid opening of lots of levels in fast market
Entry offset5In pips, used in conjunction with logic to offset first trade entry
Use smart gridtrueTrue = use RSI/MA calculation for next grid order
Label tsTrading Settings:
Max trades15Maximum number of trades to place (stops placing orders when reaches MaxTrades)
Break even trade12Close All level, when reaches this level, doesn't wait for TP to be hit
Use close oldestfalseTrue = will close the oldest open trade after CloseTradesLevel is reached
Close trades level5will start closing oldest open trade at this level
Max close trades4Maximum number of oldest trades to close
Close tp pips10After Oldest Trades have closed, Forces Take Profit to BE +/- xx Pips
Force tp pips0Force Take Profit to BE +/- xx Pips
Min tp pips0Ensure Take Profit is at least BE +/- xx Pips
Label hsHedge Settings:
Hedge symbolEnter the Symbol of the same/correlated pair EXACTLY as used by your broker.

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 · Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria