Bogi Macd 2
Bogi Macd 2 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its name points to MACD (moving average convergence / divergence). Its source code uses an oscillator. It moves the stop behind price and can size trades from your risk. It has 17 settings, for example My Hour (default 22), My Minute (default 00) and Take Profit (default 130). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Bogi Macd 2
Bogi Macd 2 is an expert advisor (trading robot) for MetaTrader 4 based on Oscillator. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 17 settings, such as My hour, My minute and Take profit. MQL source code included.
Files in the download: Bogi- macd 2.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 |
|---|---|---|
| My hour | 22 | |
| My minute | 00 | |
| Take profit | 130 | Take profit distance |
| Stoploss | 70 | Stop loss distance |
| Stoploss pips | true | Stop loss distance |
| Lots | 0.01 | Trade size in lots |
| Trailing stop | 39 | Trailing stop distance or switch |
| Williams | ||
| WP1 | 42 | |
| WP2 | 30 | |
| QB1 | 43 | |
| QS1 | 28 | |
| QB2 | 43 | |
| QS2 | 35 | |
| Buy trigger1 | 33.0 | |
| Sell trigger1 | 64.0 | |
| Magic number | 16384 | Magic number that tells this EA's orders apart |
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: MACD · Trailing Stop & Break-even · Risk & Lot Size · Oscillator · MT4 Expert Advisor · MQL4 Source Code