EA Better
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called EA Better. In the code it works with Momentum. It places pending orders. It has 11 settings, for example lots (default 0.1), Slippage (default 2) and Warp (default 67). 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 EA Better
EA Better is an expert advisor (trading robot) for MetaTrader 4 based on Momentum. It places pending buy/sell stop or limit orders. It has 11 settings, such as Lots, Slippage and Warp. MQL source code included.
Files in the download: EA_Better~.mq4, ÆѬßG«ód¬ ñ«¬p¼Ñ¡G.txt.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lots | 0.1 | Trade size in lots |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Warp | 67 | |
| Deviation | 1.85 | |
| Amplitude | 155 | |
| Distortion | 0.79 | |
| Sl long equal sl short | FALSE | |
| Sl long | 80.0 | |
| Sl short | 65.0 | |
| Use sound | TRUE | Turn this alert on or off |
| Magic number | 55555 | Magic number that tells this EA's orders apart |
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 · Momentum · MT4 Expert Advisor · MQL4 Source Code