Burn VÄ Drop Cir06
Burn VÄ Drop Cir06 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 40 settings, for example s1 (default ----- 1 ------ ), Session1 (default True) and Time Session1 (default 3). 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 · v1.0 · Free
About Burn VÄ Drop Cir06
Burn VÄ Drop Cir06 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as S1, Session1 and Time session1. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: BURN_vÄ-DropCir06.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 |
|---|---|---|
| S1 | ----- 1 ------ | |
| Session1 | True | |
| Time session1 | 3 | |
| Delta price1 | 130 | BuyStop |
| Take profit1 | 100 | = 0, |
| Stop loss1 | 0 | Stop loss distance |
| S2 | ----- 2 ------ | |
| Session2 | True | |
| Time session2 | 7 | |
| Delta price2 | 120 | BuyStop |
| Take profit2 | 300 | = 0, |
| Stop loss2 | 0 | Stop loss distance |
| S3 | ----- 3 ------ | |
| Session3 | True | |
| Time session3 | 12 | |
| Delta price3 | 100 | BuyStop |
| Take profit3 | 270 | = 0, |
| Stop loss3 | 0 | Stop loss distance |
| S4 | ----- 4 ------ | |
| Session4 | True | |
| Time session4 | 18 | |
| Delta price4 | 120 | BuyStop |
| Take profit4 | 300 | = 0, |
| Stop loss4 | 0 | Stop loss distance |
| S5 | ----- 5 ------ | |
| Session5 | True | |
| Time session5 | 20 | |
| Delta price5 | 120 | BuyStop |
| Take profit5 | 300 | = 0, |
| Stop loss5 | 0 | Stop loss distance |
| S6 | ----- 6 ------ | |
| Session6 | True | |
| Time session6 | 22 | |
| Delta price6 | 120 | BuyStop |
| Take profit6 | 300 | = 0, |
| Stop loss6 | 0 | Stop loss distance |
| S fs | ---- Flat- ---- | |
| Flat reverse | False | False - BuyStop SellStop. True - BuyLimit SellLimit |
| Koeff martin11 | 1.5 | |
| Koeff martin21 | 7 |
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 · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code