Blessing 3 V3.8.1
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Blessing 3 V3.8.1. The file name marks it as version 3.8.1. 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 3.8), EANumber (default 1) and Emergency Close All (default false). 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 · v3.8.1 · Free
About Blessing 3 V3.8.1
Blessing 3 V3.8.1 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 Emergency close all. 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: Blessing 3 v3.8.1.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 |
|---|---|---|
| Trade comment | Blessing 3.8 | Comment written on the orders |
| Ea number | 1 | Enter a unique number to identify this EA |
| Emergency close all | false | Setting this to true will close all open orders immediately |
| Label acc | Account Trading Settings: | |
| Shut down | false | Setting this to true will stop the EA trading after any open trades have been closed |
| Stop trade percent | 10 | percent of account balance lost before trading stops |
| Ibf xmicro | false | set to true for IBFX micro "penny a pip" |
| Portion pc | 100 | Percentage of account you want to trade on this pair |
| Max dd percent | 50 | Percent of portion for max drawdown level. |
| Use holiday shutdown | true | Will shutdown over holiday period |
| Holidays | 18/12-01/01 | List of holidays, each seperated by a comma, [day]/[mth]-[day]/[mth], dates inclusive |
| Label ies | Indicator / Entry Settings: | |
| B3 traditional | true | Stop/Limits for entry if true, Buys/Sells if false |
| Force market cond | 3 | Market condition 0=uptrend 1=downtrend 2=range 3=off |
| Use any entry | false | true = ANY entry can be used to open orders, false = ALL entries used to open orders |
| Ma entry | 1 | 0 = Off, 1 = will base entry on MA channel, 2 = will trade in reverse |
| Cci entry | 0 | 0 = Off, 1 = will base entry on CCI indicator, 2 = will trade in reverse |
| Bollinger stoch entry | 0 | 0 = Off, 1 = will base entry on BB, with Stoch confirmation, 2 = will trade in reverse |
| Label ls | Lot Size Settings: | |
| Use mm | true | Money Management |
| LAF | 0.5 | Adjusts MM base lot for large accounts |
| Lot | 0.01 | Starting lots if Money Management is off |
| Multiplier | 1.4 | Multiplier on each level |
| Linear lot size | false | Use linear increment of lots, if this is true, ignores multiplier |
| Label gs | Grid Settings: | |
| Auto cal | false | Auto calculation of TakeProfit and Grid size; |
| GAF | 1.0 | Widens/Squishes Grid on increments/decrements of .1 |
| Entry delay | 2400 | Time Grid in seconds, to avoid opening of lots of levels in fast market |
| Entry offset | 5 | In pips, used in conjunction with logic to offset first trade entry |
| Use smart grid | true | True = use RSI/MA calculation for next grid order |
| Label ts | Trading Settings: | |
| Max trades | 15 | Maximum number of trades to place (stops placing orders when reaches MaxTrades) |
| Break even trade | 12 | Close All level, when reaches this level, doesn't wait for TP to be hit |
| Be plus pips | 2 | Pips added to Break Even Point before BE closure |
| Use close oldest | false | True = will close the oldest open trade after CloseTradesLevel is reached |
| Close trades level | 5 | will start closing oldest open trade at this level |
| Max close trades | 4 | Maximum number of oldest trades to close |
| Close tp pips | 10 | After Oldest Trades have closed, Forces Take Profit to BE +/- xx Pips |
| Force tp pips | 0 | Force Take Profit to BE +/- xx Pips |
| Min tp pips | 0 | Ensure Take Profit is at least BE +/- xx Pips |
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 · Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code