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EA Greezly

From the Old Kings archive: EA Greezly, an expert advisor (trading robot) for MetaTrader 4. In the code it works with Momentum. It places pending orders, moves the stop behind price and can size trades from your risk. It has 40 settings, for example Take Profit B (default 12), Take Profit S (default 12) and Stop Loss B (default 1080). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files 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 Greezly

EA Greezly is an expert advisor (trading robot) for MetaTrader 4 based on Momentum. 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 40 settings, such as Take profit b, Take profit s and Stop loss b. MQL source code included.

Files in the download: GREEZLY_2008.ex4, GREEZLY_2008.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Take profit b12Take profit distance
Take profit s12Take profit distance
Stop loss b1080Stop loss distance
Stop loss s780Stop loss distance
Time stop loss minutes0-: ( ), (0 - )
Take profit for lock0Take profit distance
Stop loss for lock134Stop loss distance
Trailing stop0Trailing stop distance or switch
Step trailing stop5TrailingStop
Buy stop level22< 0 -
Buy limit level17
Sell stop level78
Sell limit level83
Use one way real orders b1BUY
Use one way real orders s1SELL
Min distance real orders b390BUY
Min distance real orders s590SELL
Use averaging take profit b0TakeProfit BUY
Use averaging take profit s0TakeProfit SELL
Use accelerator indicator0
I ac count bars3- Accelerator
I ac count time frames3- (-) Accelerator
I ac start time frame0() (-) Accelerator
Use speed indicator1
I sp count bars2- Speed
I sp count time frames2- (-) Speed
I sp start time frame1() (-) Speed
I sp use for open real orders0
I sp min value for open real orders0.0005
I sp use min take profit1- , Speed
I sp stop loss35- , Speed
Count high low limits2HighLowLimit: " , "
I hl limit distance1150Low/High Buy/Sell
I hl period14(-) HighLow ()
I hl count bars124- iHL_Period Low/High
I hl limit distance2700HighLowLimit
I hl period26()
I hl count bars215
Use flat indicator1
I fl min width canal20

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Momentum · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria