Cidomo V.1b 4
Cidomo V.1b 4 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses a price channel. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 9 settings, for example Filter (default 180), Magic Number (default 021081) and Stop Loss (default 60). 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 · v1b · Free
About Cidomo V.1b 4
Cidomo V.1b 4 is an expert advisor (trading robot) for MetaTrader 4 based on Channels & Envelopes. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 9 settings, such as Filter, Magic number and Stop loss. MQL source code included.
Files in the download: Cidomo v.1b.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 |
|---|---|---|
| Filter | 180 | |
| Magic number | 021081 | Magic number that tells this EA's orders apart |
| Stop loss | 60 | Stop loss distance |
| Min lots | 0.01 | |
| Risk | 10.0 | Risk per trade (percent of balance) |
| Use mm | TRUE | |
| Distance | 30 | Distance between orders |
| Env period | 10 | Period or timeframe used by the calculation |
| Env deviation | 0.07 | 0.05 |
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 · Time Filter · Risk & Lot Size · Channels & Envelopes · MT4 Expert Advisor · MQL4 Source Code