Camarilla Forex System M5a
From the Old Kings archive: Camarilla Forex System M5a, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is Camarilla pivot levels (support / resistance lines from the previous day). It places pending orders, moves the stop behind price and has a trading-hours filter. It has 10 settings, for example Lots (default 1.00), Stop Loss (default 0.00) and Take Profit (default 0.00). 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 Camarilla Forex System M5a
Camarilla Forex System M5a is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 10 settings, such as Lots, Stop loss and Take profit. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Camarilla Forex System-M5a.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 |
|---|---|---|
| Lots | 1.00 | Trade size in lots |
| Stop loss | 0.00 | Stop loss distance |
| Take profit | 0.00 | Take profit distance |
| Trailing stop | 0.00 | Trailing stop distance or switch |
| Start hour | 0 | Hour when trading starts (server time) |
| Start minute | 30 | |
| End hour | 21 | Hour when trading stops (server time) |
| End minute | 55 | |
| Mm | 0 | |
| Risk | 7.5 | Risk per trade (percent of balance) |
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: Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code