Bonsix EA
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Bonsix EA. In the code it works with RSI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 20 settings, for example Magic Number (default 77777), Alert On (default FALSE) and SUR (default -?-Use 0.1 Lots for any ). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor, 2 settings files (.set) 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 · v1.0 · Free
About Bonsix EA
Bonsix EA is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 20 settings, such as Magic number, Alert on and SUR. MQL source code included.
It also trades only in the hours you set (time filter) and can size trades from your balance and risk percent.
Files in the download: Bonsix~.mq4, bonsix_m5_eurusd.set, bonsix_m5_gbpusd.set, User_Guide.pdf.
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 number | 77777 | Magic number that tells this EA's orders apart |
| Alert on | FALSE | Turn this alert on or off |
| SUR | -?-Use 0.1 Lots for any 1k$ in a standar | |
| Lots | 0.1 | Trade size in lots |
| Fir | -?-First trade-?- | |
| Take profit | 60 | Take profit distance |
| Slippage | 5 | Maximum slippage allowed when opening a trade |
| Secs | -?-Second Trades open with:-?- | |
| Multiplier | 1.5 | How much the lot size grows after a loss |
| Comsr | -?-after Grid -XXX pips open Trade with | |
| Grid | 100 | |
| TP | 120 | Take profit distance |
| Maxi | -?-maximum Trades-?- | |
| Max level | 5 | |
| Wasd | -?-Stop Loss for all trades-?- | |
| Stop loss | 250 | Stop loss distance |
| Ghfd | -?-Broker GMT Time Shift-?- | |
| Broker gmt time shift | 0 | Bar shift (0 = current bar) |
| Trade start | 1700 | |
| Trade stop | 2230 |
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 · Pending Orders · Time Filter · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code