EA HOKKYDJONG.mq4 3
From the Old Kings archive: EA HOKKYDJONG.mq4 3, an expert advisor (trading robot) for MetaTrader 4. It raises the lot size after losses (martingale — high risk), places pending orders and has a trading-hours filter. It has 19 settings, for example EA Name (default EA HOKKYDJONG), Use Trade Again (default If => TRUE,EA will trade) and Trade Again (default TRUE). 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 EA HOKKYDJONG.mq4 3
EA HOKKYDJONG.mq4 3 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 19 settings, such as Ea name, Use trade again and Trade again. MQL source code included.
It also can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: EA-HOKKYDJONG.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 |
|---|---|---|
| Ea name | EA HOKKYDJONG | |
| Use trade again | If => TRUE,EA will trade again,If => FAL | |
| Trade again | TRUE | |
| Use loop | Example = 10,EA will trader for 10 Laps | |
| Loop | 10000 | |
| Start trade | 0 | |
| End trade | 24 | |
| Use db lots | If = 1-> Use Multiplier Lot, If = 2-> Us | |
| Db lots | 1 | |
| Lots | 0.01 | Trade size in lots |
| SL | 0.0 | Stop loss distance |
| TP | 4.0 | Take profit distance |
| Distance | 3.0 | Distance between orders |
| Multiplier | 1.6 | How much the lot size grows after a loss |
| Max level | 20 | |
| Lots decimal | 2.0 | |
| Magic number | 163991 | Magic number that tells this EA's orders apart |
| Ea comment | ea_hokkydjong | Comment written on the orders |
| Money per lot | 1.7 |
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: Martingale · Pending Orders · Time Filter · Risk & Lot Size · Scalping · MT4 Expert Advisor · MQL4 Source Code