Cidomo V.1c 3
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Cidomo V.1c 3. In the code it works with a price channel. It places pending orders and can size trades from your risk. It has 16 settings, for example Filter (default 200), Magic Number (default 021081) and MM (default ---------- MM ----------). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 · v1c · Free
About Cidomo V.1c 3
Cidomo V.1c 3 is an expert advisor (trading robot) for MetaTrader 4 based on Channels & Envelopes. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 16 settings, such as Filter, Magic number and MM. MQL source code included.
Files in the download: Cidomo v.1c.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 | 200 | |
| Magic number | 021081 | Magic number that tells this EA's orders apart |
| MM | ---------- MM ---------- | |
| Stop loss | 100 | Stop loss distance |
| Min lots | 0.01 | |
| Max lots | 100000.0 | |
| Risk | 10.0 | Risk per trade (percent of balance) |
| Fixed lots | 0.1 | Trade size in lots |
| Use mm | TRUE | |
| Trade setting | ---------- Trade_Setting ---------- | |
| Max spread | 15 | Maximum spread allowed to trade |
| Limit | 20 | |
| Distance | 0 | Distance between orders |
| Env period | 15 | Period or timeframe used by the calculation |
| Env deviation | 0.07 | 0.05 |
| Env shift | 0 | Bar shift (0 = current bar) |
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 · Risk & Lot Size · Channels & Envelopes · MT4 Expert Advisor · MQL4 Source Code