Candle Average V3 EA Oprex 3
Candle Average V3 EA Oprex 3 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 3. It can size trades from your risk. It has 24 settings, for example CAN (default ---------------- CandleA), Length (default 30) and H period (default 20). 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 · v3 · Free
About Candle Average V3 EA Oprex 3
Candle Average V3 EA Oprex 3 is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 24 settings, such as CAN, Length and H period. MQL source code included.
Files in the download: CandleAverage v3 EA - oprex.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 |
|---|---|---|
| CAN | ---------------- CandleAverage_v3 | |
| Length | 30 | |
| H period | 20 | Period or timeframe used by the calculation |
| L period | 18 | Period or timeframe used by the calculation |
| C period | 18 | Period or timeframe used by the calculation |
| LM | ---------------- Lot Management | |
| Lots | 0.1 | Trade size in lots |
| MM | false | money management |
| Risk | 10 | risk in percentage |
| TSTB | ---------------- TP SL TS BE | |
| Real sl enabled | false | |
| Real sl | 5 | stop loss under 15 pps |
| Real tp enabled | false | |
| Real tp | 5 | take profit under 10 pps |
| SL | 0 | stop loss |
| TP | 0 | take profit |
| TS | 0 | trailing stop |
| Ts step | 1 | trailing stop step |
| BE | 0 | breakeven |
| EXT | ---------------- Extras | |
| Reverse | false | |
| Add positions | false | positions cumulated |
| Max orders | 20 | maximum number of orders |
| Magic | 123456 | Magic number that tells this EA's orders apart |
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: Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code