Daily 95 Pips Ibfx Version 3
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Daily 95 Pips Ibfx Version 3. The file name marks it as version 3. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 16 settings, for example Fixed Lots (default 0.0), Risk (default 0.01) and Margin (default 5). 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 · v1.0 · Free
About Daily 95 Pips Ibfx Version 3
Daily 95 Pips Ibfx Version 3 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 16 settings, such as Fixed lots, Risk and Margin. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: daily 95 pips ibfx version.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 |
|---|---|---|
| Fixed lots | 0.0 | if > 0.0 fixed lots used |
| Risk | 0.01 | per cent of free margin of a single offer |
| Margin | 5 | value to add/substract to previous day high/low |
| Stop loss | 30 | Stop loss distance |
| Update to be | 15 | if 0, no b/e update is made |
| Take profit1 | 15 | Take profit distance |
| Take profit2 | 30 | Take profit distance |
| Take profit3 | 50 | Take profit distance |
| Use trailing stop on last order | false | Trailing stop distance or switch |
| Trailing stop | 20 | Trailing stop distance or switch |
| Day start hour | 21 | 5pm EST in your time zone |
| Look back hours | 17 | |
| Order expiration hours | 18 | |
| Close orders next day | true | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Ea magic no | 156909 | Magic number that tells this EA's orders apart |
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 · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code