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Cable Run Trend V0.9

Cable Run Trend V0.9 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its name points to following the trend. This copy is version 0.9. It places pending orders and can size trades from your risk. It has 19 settings, for example s0 (default ========== Position ent), Step (default 17) and First Lot (default 0.04). 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 · v0.9 · Free

About Cable Run Trend V0.9

Cable Run Trend V0.9 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 19 settings, such as S0, Step and First lot. MQL source code included.

Files in the download: Cable Run Trend v0.9.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
S0========== Position entry ==========
Step17Distance between orders
First lot0.04
Inc lot0.0
Digit5
S1========== Trading Window ==========
Place trades from00:00
Place trades to23:59
S2============ Profit Taking ===========
Min profit5.0
Daily profit target0
S3============ Stop Loss ============
Max loss method1
Max loss pips100
Max loss pct5
S4============ EA Settings ============
Max retry3
Slippage3Maximum slippage allowed when opening a trade
Magic2008Magic number that tells this EA's orders apart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Trend · Pending Orders · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria