EA NET+7.1
From the Old Kings archive: EA NET+7.1, an expert advisor (trading robot) for MetaTrader 4. It moves the stop behind price and can size trades from your risk. It has 36 settings, for example Buy (default TRUE), Sell (default TRUE) and Magic Buy (default 888). 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 NET+7.1
EA NET+7.1 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 36 settings, such as Buy, Sell and Magic buy. MQL source code included.
Files in the download: EA_NET+7.1~.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 |
|---|---|---|
| Buy | TRUE | |
| Sell | TRUE | |
| Magic buy | 888 | Magic number that tells this EA's orders apart |
| Magic sell | 777 | Magic number that tells this EA's orders apart |
| Step buy | 0 | Distance between orders |
| Step sell | 0 | Distance between orders |
| Tf candle step | 0 | Distance between orders |
| N candle step | 100 | Distance between orders |
| Stoploss | 0 | Stop loss distance |
| Loss plus profit | TRUE | |
| Profit minus profit | TRUE | |
| Takeprofit | 0 | Take profit distance |
| Trailing stop | 0 | Trailing stop distance or switch |
| Min profit no loss | 0 | |
| No loss | 0 | |
| Fix lot buy | 0.01 | |
| Fix lot sell | 0.01 | |
| Digits lot | 2 | |
| Risk | 1 | Risk per trade (percent of balance) |
| K lot buy | 2.0 | |
| Plus lot buy | 0.0 | |
| K lot sell | 2.0 | |
| Plus lot sell | 0.0 | |
| Profit close | 0.0 | |
| Koeff profit | 0.5 | |
| Trailing percent | 20.0 | Trailing stop distance or switch |
| Slippage | 10 | Maximum slippage allowed when opening a trade |
| Time start | 0 | |
| Time end | 24 | |
| Up buy | 0.0 | |
| Dn buy | 0.0 | |
| Up sell | 0.0 | |
| Dn sell | 0.0 | |
| Alert on | TRUE | Turn this alert on or off |
| Draw info | TRUE | |
| Key | 10060640 |
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: Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code