Dorian Ash V1.0
Dorian Ash V1.0 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 1.0. It places pending orders, moves the stop behind price and can size trades from your risk. It has 13 settings, for example Take Profit (default 20), Stop Loss (default 20) and Trailing Stop (default 10). 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 Dorian Ash V1.0
Dorian Ash V1.0 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 can size trades from your balance and risk percent. It has 13 settings, such as Take profit, Stop loss and Trailing stop. MQL source code included.
Files in the download: Dorian-Ash_v1.0.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 |
|---|---|---|
| Take profit | 20 | Your Take Profit value in pips |
| Stop loss | 20 | Your Stop Loss value in pips |
| Trailing stop | 10 | Trailing Stop distance in pips; disabled if 0 |
| Slippage | 1 | Maximum Slippage allowed when entering trade |
| Qty candles | 5 | Number of Previous Candles to check for determining High & Lows |
| Pip to move | 5 | The number of pips price must move for breakout trade |
| Use break even | TRUE | If true, EA will move S/L to "breakeven" value when ahead |
| Be pips | 0 | [Break Even] Pips in profit which EA will Move SL to BE+1 after that |
| Use mm | true | If true, use Money Management to determine lot size |
| Risk percent | 3 | % of margin to risk if using Money Management |
| Lots | 0.1 | Default lots to use (if NOT using Money Management) |
| Trade log | DorianAsh | Name of file created to log progress of the EA |
| Magic | 8675309 | "Magic Number" used to identify trades |
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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code