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Daily Long Term EA GU D1 Modalminimal $500

Daily Long Term EA GU D1 Modalminimal $500 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses MACD and moving averages. It places pending orders and has a trading-hours filter. It has 18 settings, for example Expert Name (default Daily Longterm), Lots (default 1.0) and Take Profit (default 50). 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 · v1.0 · Free

About Daily Long Term EA GU D1 Modalminimal $500

Daily Long Term EA GU D1 Modalminimal $500 is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Moving Average. It places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 18 settings, such as Expert name, Lots and Take profit. MQL source code included.

Files in the download: ! DailyLongTermEA -GU_D1_Modalminimal_$500 -.mq4.

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

Settings

SettingDefaultWhat it does
Expert nameDaily Longterm
Lots1.0Trade size in lots
Take profit50Take profit distance
Tp to lock50
Lock profit50
Stoploss250Stop loss distance
Magic4141Magic number that tells this EA's orders apart
Candle period1440Period or timeframe used by the calculation
Macd period240Period or timeframe used by the calculation
Ma period60Period or timeframe used by the calculation
Fast ma6
Slow ma23
Time to trade00
Minute to trade00
Use close hourtrue
Close hour23
Close minute59
Slippage3Maximum slippage allowed when opening a trade

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 · Time Filter · MACD · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria