CM24H Tekno3 FF Cal&Reverse Trades
From the Old Kings archive: CM24H Tekno3 FF Cal&Reverse Trades, an expert advisor (trading robot) for MetaTrader 4. In the code it works with ATR. It places pending orders and has a news filter. It has 40 settings, for example Reverse Trades (default 0), Max Num Of Orders (default 10) and Step (default 170). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 5 indicator files 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 CM24H Tekno3 FF Cal&Reverse Trades
CM24H Tekno3 FF Cal&Reverse Trades is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It places pending buy/sell stop or limit orders and has a news filter. It has 40 settings, such as Reverse trades, Max num of orders and Step. MQL source code included.
Files in the download: CableMuruku24H_teknomage3_FFCal.ex4, CableMuruku24H_teknomage3_FFCal.mq4, ATR_Pips.ex4, ATR_Pips.mq4, FFCal.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 |
|---|---|---|
| Reverse trades | 0 | |
| Max num of orders | 10 | |
| Step | 170 | org 17 .. still stick to 17 |
| First lot | 0.10 | org 0.10 .. risky .. so just put 0.1 |
| Inc lot | 0.0 | org 0.0 |
| Min profit | 150 | org 15 |
| Close at max loss | 0.0 | will close all trades if total MaxLoss is hit |
| Profit mode | 2 | 0 by pips;1 by profit;2 by totalpips,3 by totalprofit; |
| Emergency close all now | false | switch to true to close trades instantly! |
| Magic | 201010 | org 2008 |
| Timecomment0 | ===================== TIMINGS ========== | Comment written on the orders |
| Broker gmt offset | 3.0 | |
| Trade all day | TRUE | |
| Cable run start time | 21:00 | |
| Cable run end time | 05:59 | |
| Trade fridays | 0 | |
| Close all trades by friday eod | 0 | |
| Your brokers fri eod time | 21:55 | this should be in Broker's time, NOT in GMT |
| Avoid lon session | false | |
| Avoid lon session from | 06:00 | |
| Avoid lon session to | 09:00 | |
| Avoid ny session | false | |
| Avoid ny session from | 12:00 | (=NY 8am) |
| Avoid ny session to | 15:00 | (=NY 11am) |
| Comment5 | ======================= News Filter ==== | Comment written on the orders |
| Avoid news | true | |
| Allow only rev trades during news | true | |
| High impact | true | |
| Mins until next high news | 120 | |
| Mins since prev high news | 420 | |
| Medium impact | true | |
| Mins until next medium news | 90 | |
| Mins since prev medium news | 240 | |
| Low impact | false | |
| Mins until next low news | 60 | |
| Mins since prev low news | 60 | |
| News offset | 1.0 | |
| Comment6 | ======================================== | Comment written on the orders |
| Atr period | 7 | Period or timeframe used by the calculation |
| Atr pre period | 7 | Period or timeframe used by the calculation |
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 · News Trading · ATR · MT4 Indicator · MQL4 Source Code