Chinchilla EURCADH1
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Chinchilla EURCADH1. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 24 settings, for example tmp1 (default --- Trade section ---), Lots (default 0.1) and Smart Lot (default true). 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 Chinchilla EURCADH1
Chinchilla EURCADH1 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 24 settings, such as Tmp1, Lots and Smart lot. MQL source code included.
Files in the download: !e-Chinchilla-EURCAD_H1.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 |
|---|---|---|
| Tmp1 | --- Trade section --- | |
| Lots | 0.1 | Trade size in lots |
| Smart lot | true | |
| Stop loss | 83 | Stop loss distance |
| Take profit | 25 | Take profit distance |
| Dy0 | 20 | |
| Dy1 | 30 | |
| Dy2 | 40 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Magic | 111111 | Magic number that tells this EA's orders apart |
| Tmp2 | --- Time section --- | |
| Open h | 20 | |
| Life time h pos | 13 | |
| Life time h neg | 19 | |
| Expired h | 10 | |
| Tmp3 | --- Trailing section --- | |
| Use trailing | false | Trailing stop distance or switch |
| Profit4 start | 30 | |
| Trailing stop | 30 | Trailing stop distance or switch |
| Trailing step | 5 | Trailing stop distance or switch |
| Tmp4 | --- Orders color --- | |
| Cl buy | DodgerBlue | |
| Cl sell | Crimson | |
| Cl modify | Silver |
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 · MT4 Expert Advisor · MQL4 Source Code