Dreko.mq4 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Dreko.mq4 2. It can size trades from your risk. It has 12 settings, for example Show Total Wins, License (default One_Month_Trial) and Password. Watch it on a demo account for a while — robots can behave differently with each broker. 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 Dreko.mq4 2
Dreko.mq4 2 is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 12 settings, such as Show total wins, License and Password. MQL source code included.
Files in the download: Dreko.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 |
|---|---|---|
| Show total wins | ||
| License | One_Month_Trial | |
| Password | Password | |
| Withdraw mode | ||
| Override risk | Risk per trade (percent of balance) | |
| Override risk digit | 150 | Risk per trade (percent of balance) |
| Risk scale | Level8_185 | Risk per trade (percent of balance) |
| Money management | true | |
| Lot size | 0.01 | Trade size in lots |
| Slippage | 5 | Maximum Slippage (in points / 5 Digit) |
| Max spread | 10 | Maximum Spread (in points / 5 Digit) |
| Stop loss | Stop loss distance |
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: Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code