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Cross MA 8

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Cross MA 8. Judging by its name, it is built around moving averages. In the code it works with moving averages and ATR. It can size trades from your risk. It has 8 settings, for example Lots (default 0.1), Maximum Risk (default 0.02) and Decrease Factor (default 3). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 2 EA 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 Cross MA 8

Cross MA 8 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and ATR. It can size trades from your balance and risk percent. It has 8 settings, such as Lots, Maximum risk and Decrease factor. MQL source code included.

Files in the download: cross MA test.gif, CrossMA.ex4, CrossMA.log, CrossMA.mq4.

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

Settings

SettingDefaultWhat it does
Lots0.1Trade size in lots
Maximum risk0.02Risk per trade (percent of balance)
Decrease factor3
Moving period12Period or timeframe used by the calculation
Moving shift0Bar shift (0 = current bar)
Moving period14Number of bars in the calculation
Atr per6
Snd mlTrue

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: Moving Average · Risk & Lot Size · ATR · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria