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Cidomo V.1d

From the Old Kings archive: Cidomo V.1d, an expert advisor (trading robot) for MetaTrader 4. 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 ----------). 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 · v1d · Free

About Cidomo V.1d

Cidomo V.1d 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.1d.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Filter200
Magic number021081Magic number that tells this EA's orders apart
MM---------- MM ----------
Stop loss100Stop loss distance
Min lots0.01
Max lots100000.0
Risk10.0Risk per trade (percent of balance)
Fixed lots0.1Trade size in lots
Use mmTRUE
Trading setting---------- Trading_Setting ----------
Max spread15Maximum spread allowed to trade
Limit20
Distance5Distance between orders
Env period15Period or timeframe used by the calculation
Env deviation0.070.05
Env shift0Bar shift (0 = current bar)

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Risk & Lot Size · Channels & Envelopes · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria