Break The Range Bound
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Break The Range Bound. In the code it works with moving averages. It has 3 settings, for example Fast SMA (default 38), Mid SMA (default 140) and Slow SMA (default 210). 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. 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 Break The Range Bound
Break The Range Bound is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It has 3 settings, such as Fast sma, Mid sma and Slow sma. MQL source code included.
Files in the download: Break the Range Bound.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 |
|---|---|---|
| Fast sma | 38 | |
| Mid sma | 140 | |
| Slow sma | 210 |
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: Moving Average · MT4 Expert Advisor · MQL4 Source Code