Cable Run V3.0 News
From the Old Kings archive: Cable Run V3.0 News, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is economic news times. The file name marks it as version 3.0. It places pending orders, can size trades from your risk and has a news filter. It has 14 settings, for example Step (default 170), First Lot (default 0.1) and Inc Lot (default 0.0). 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 · v3.0 · Free
About Cable Run V3.0 News
Cable Run V3.0 News is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, can size trades from your balance and risk percent and has a news filter. It has 14 settings, such as Step, First lot and Inc lot. MQL source code included.
Files in the download: CableRunV3.0_News.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 |
|---|---|---|
| Step | 170 | Distance between orders |
| First lot | 0.1 | |
| Inc lot | 0.0 | |
| Magic | 2008 | Magic number that tells this EA's orders apart |
| Place trades from | 00:00 | |
| Place trades to | 23:59 | |
| Min profit | 15.0 | |
| Max loss method | 1 | |
| Max loss pips | 100 | |
| Max loss pct | 5 | |
| Use news filter | false | |
| Mins before news | 60 | |
| Mins after news | 30 | |
| News impact | 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: News Trading · Pending Orders · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code