E Pivot Ice.mq4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called E Pivot Ice.mq4. Judging by its name, it is built around pivot points (daily or weekly support / resistance levels). It places pending orders and has a trading-hours filter. It has 13 settings, for example Parameters Trade (default ----- ), Lots (default 0.1) and Hour Set Orders (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 E Pivot Ice.mq4
E Pivot Ice.mq4 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 13 settings, such as Parameters trade, Lots and Hour set orders. MQL source code included.
Files in the download: e-Pivot-ice.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 |
|---|---|---|
| Parameters trade | ----- | |
| Lots | 0.1 | Trade size in lots |
| Hour set orders | 10 | |
| Hour del orders | 0 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Parameters expert | ----- | |
| MAGIC | 20051114 | Magic number that tells this EA's orders apart |
| Cl open buy | LightBlue | |
| Cl open sell | LightCoral | |
| Cl modify buy | Aqua | |
| Cl modify sell | Tomato | |
| Cl close buy | Blue | |
| Cl close sell | Red |
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: Pivot Points · Pending Orders · Time Filter · MT4 Expert Advisor · MQL4 Source Code