Dealers Trade V 7.89 Zero Lag MACD.mq4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Dealers Trade V 7.89 Zero Lag MACD.mq4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). The file name marks it as version 7.89. In the code it works with MACD. It moves the stop behind price, can size trades from your risk and handles several symbols. It has 28 settings, for example MAGIC (default 12457814), Take Profit (default 30) and Lots (default 0.1). 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 · v7.89 · Free
About Dealers Trade V 7.89 Zero Lag MACD.mq4
Dealers Trade V 7.89 Zero Lag MACD.mq4 is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and works on several symbols at once. It has 28 settings, such as MAGIC, Take profit and Lots. MQL source code included.
Files in the download: Dealers Trade v 7.89 ZeroLag MACD.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 |
|---|---|---|
| MAGIC | 12457814 | Magic number that tells this EA's orders apart |
| Take profit | 30 | Take profit distance |
| Lots | 0.1 | Trade size in lots |
| Initial stop | 90 | |
| Trailing stop | 15 | Trailing stop distance or switch |
| Max trades | 5 | Maximum number of open trades |
| Pips | 4 | |
| Secure profit | 50 | , |
| Account protection | 1 | 1, |
| Ordersto protect | 3 | , |
| Reverse condition | 0 | , 1 |
| Fast ema | 14 | MACD |
| Slow ema | 26 | MACD |
| Signal ema | 9 | |
| Mm | 0 | =0 =1 |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Risk | 2 | =1 |
| Max lots | 5 | |
| Accountis normal | 0 | 0- . 1-. |
| Doble | 1.5 | Doble |
| Usdchf pip value | 10.5 | |
| Usdcad pip value | 10.4 | |
| Usdjpy pip value | 9.2 | |
| Eurjpy pip value | 9.8 | |
| Eurusd pip value | 10.3 | |
| Gbpusd pip value | 10 | |
| Audusd pip value | 9.9 | |
| Nzdusd pip value | 8.9 |
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: MACD · Trailing Stop & Break-even · Risk & Lot Size · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code