Ea Core Patterns V2 3
From the Old Kings archive: Ea Core Patterns V2 3, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is candlestick patterns. The file name marks it as version 2.3. In the code it works with ATR. It places pending orders, moves the stop behind price and can size trades from your risk. It has 24 settings, for example LHLLAnd HHHL (default true), LHLLAnd HHHLWithin (default true) and Reversal IB (default true). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 · v2 · Free
About Ea Core Patterns V2 3
Ea Core Patterns V2 3 is an expert advisor (trading robot) for MetaTrader 4 based on ATR. 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 24 settings, such as Lhll and hhhl, Lhll and hhhl within and Reversal ib. MQL source code included.
It also has a news filter.
Files in the download: ea_core_patterns_v2.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 |
|---|---|---|
| Lhll and hhhl | true | |
| Lhll and hhhl within | true | |
| Reversal ib | true | |
| Reversal ib within | true | |
| Continuation ib | true | |
| Fixed lot | 0.1 | Trade size in lots |
| Percent margin | 1.0 | |
| P1 filter | 1 | |
| Period atrh | 120 | Number of bars in the calculation |
| Atrh koeff tp | 1.9 | |
| Atrh koeff sl | 1.3 | |
| Atrh koeff break | 0.2 | |
| Rsl koeff | 0.5 | |
| Expiration entry type1 | 12 | |
| Expiration special entry type1 | 2 | |
| Atrh koeff for special expiration entry type1 | 2.0 | |
| Expiration entry type2 | 12 | |
| Expiration entry type3 | 1 | |
| Expiration entry type4 | 1 | |
| Expiration entry type5 | 1 | |
| Atrh koeff for trailing stop | 0.2 | Trailing stop distance or switch |
| Allowable spread | 50 | Maximum spread allowed to trade |
| Magic | 256833 | Magic number that tells this EA's orders apart |
| Slippage | 10 | Maximum slippage allowed when opening a trade |
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 · News Trading · ATR · MT4 Expert Advisor · MQL4 Source Code