E MondayF LS
From the Old Kings archive: E MondayF LS, an expert advisor (trading robot) for MetaTrader 4. It moves the stop behind price and has a trading-hours filter. It has 19 settings, for example P Long (default ---------- ), l Range Friday (default 0) and l Hour Open Pos (default 5). 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 E MondayF LS
E MondayF LS is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 19 settings, such as P long, L range friday and L hour open pos. MQL source code included.
Files in the download: e-MondayF_LS.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 |
|---|---|---|
| P long | ---------- | |
| L range friday | 0 | (Open-Close) |
| L hour open pos | 5 | |
| L day for close | 4 | |
| L hour close pos | 11 | |
| L stop loss | 55 | Stop loss distance |
| L take profit | 150 | Take profit distance |
| L use trailing | False | Trailing stop distance or switch |
| L trailing stop | 0 | Trailing stop distance or switch |
| P short | ---------- | |
| S range friday | 20 | (Open-Close) |
| S hour open pos | 11 | |
| S day for close | 5 | |
| S hour close pos | 13 | |
| S stop loss | 55 | Stop loss distance |
| S take profit | 340 | Take profit distance |
| S use trailing | True | Trailing stop distance or switch |
| S trailing stop | 65 | Trailing stop distance or switch |
| Show comment | True | Comment written on the orders |
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: Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code