Bom EA
From the Old Kings archive: Bom EA, an expert advisor (trading robot) for MetaTrader 4. In the code it works with moving averages. It places pending orders, moves the stop behind price and can size trades from your risk. It has 13 settings, for example Magic (default 334456), Take Profit (default 50.0) and Stop Loss (default 70.0). 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. 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 Bom EA
Bom EA is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 13 settings, such as Magic, Take profit and Stop loss. MQL source code included.
It also is built for short scalping trades.
Files in the download: Boomea.ex4, Boomea.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 |
|---|---|---|
| Magic | 334456 | Magic number that tells this EA's orders apart |
| Take profit | 50.0 | Take profit distance |
| Stop loss | 70.0 | Stop loss distance |
| Lot | 0.1 | Trade size in lots |
| MM | TRUE | |
| Min lot | 0.01 | |
| Max lot | 100.0 | |
| Risk | 10.0 | Risk per trade (percent of balance) |
| Max spread | 60.0 | Maximum spread allowed to trade |
| Trailing star | 20.0 | Trailing stop distance or switch |
| Trailing stop | TRUE | Trailing stop distance or switch |
| Friday filter | FALSE | |
| Monday filter | FALSE |
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: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Scalping · Moving Average · MT4 Expert Advisor · MQL4 Source Code