Cash Hammer V2.0
Cash Hammer V2.0 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Judging by its name, it is built around candlestick patterns. This copy is version 2.0. It moves the stop behind price and can size trades from your risk. It has 40 settings, for example 1 (default ), TF (default 0) and pips (default 0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 3 settings files (.set). 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 · v2.0 · Free
About Cash Hammer V2.0
Cash Hammer V2.0 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 40 settings, such as 1, TF and Pips. MQL source code included.
Files in the download: 1_min_24.21_86.05.set, 1_min_4.13_50.08.set, 1_min_prib_2.39_mat-oj_199.55.set, Cash_Hammer_v2.0.ex4, Cash_Hammer_v2.0~.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 |
|---|---|---|
| 1 | ||
| TF | 0 | Period or timeframe used by the calculation |
| Pips | 0 | |
| 2 | ||
| Op buy | TRUE | |
| Op sell | TRUE | |
| Lots | 0.0 | Trade size in lots |
| Choice method | TRUE | |
| Risk | 0.0 | Risk per trade (percent of balance) |
| Stop loss | 0 | Stop loss distance |
| Take profit | 0 | Take profit distance |
| Magic number | 0 | Magic number that tells this EA's orders apart |
| Slippage | 0 | Maximum slippage allowed when opening a trade |
| Number of try | 0 | |
| Market watch | FALSE | |
| ____________ | ______ __________________ | |
| Traling | TRUE | |
| Ts profit only | TRUE | |
| Trailing step | 0 | Trailing stop distance or switch |
| Averag | ______ _____ | |
| Averages | TRUE | |
| Averag | 0 | |
| Koef averag | 0.0 | |
| Alfa lot | 0 | |
| Koef lot | 0.0 | |
| Stop loss av | 0.0 | Stop loss distance |
| Take profit av | 0 | Take profit distance |
| Close and trl | FALSE | |
| TRL | 0 | |
| Mag num av | 0 | |
| Cl close buy | Aqua | |
| Cl close sell | Tomato | |
| Name close sound | ok.wav | Turn this alert on or off |
| Lock | ______ _____ | |
| Lock | TRUE | |
| Lock trl | FALSE | |
| Lock pips | 0 | |
| Koef lot lock | 0.0 | |
| Stop loss lock | 0 | Stop loss distance |
| Magic number lock | 0 | 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: Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code