Buy Sell Stop Buttons EA Robot
Buy Sell Stop Buttons EA Robot — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses MACD and Bollinger Bands. It moves the stop behind price and can size trades from your risk. It has 12 settings, for example USESTOP (default true), USEMOVETOBREAKEVEN (default true) and WHENTOMOVETOBE (default 10). 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 Buy Sell Stop Buttons EA Robot
Buy Sell Stop Buttons EA Robot is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Bollinger Bands. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 12 settings, such as Usestop, Usemovetobreakeven and Whentomovetobe. MQL source code included.
Files in the download: Buy_Sell_Stop Buttons.mq4, Buy_Sell_Stop-Buttons_Robot_EA.png, Indicators and Trading Systems - Free Download.url, ReadMe.txt.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Usestop | true | Enable "STOP" |
| Usemovetobreakeven | true | Enable "no loss" |
| Whentomovetobe | 10 | When to move break even |
| Pipstomovesl | 5 | How much pips to move sl |
| Lots | 0.01 | Lots size |
| Maximum risk | 0.02 | Risk per trade (percent of balance) |
| Decrease factor | 3 | |
| Trailing stop | 40 | TrailingStop |
| Stop loss | 20 | Stop Loss |
| Take profit | 50 | TakeProfit |
| Magic number | 1111 | Magic number that tells this EA's orders apart |
| Number of trades | 3 |
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: Buy/Sell Arrows · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MACD · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code