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EA Servant12 Avg 5

EA Servant12 Avg 5 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses RSI. It raises the lot size after losses (martingale — high risk), moves the stop behind price and can size trades from your risk. It has 9 settings, for example Take Profit (default 4), Stop Loss (default 10) and Lock Profit (default 100). 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 Servant12 Avg 5

EA Servant12 Avg 5 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It increases the lot size after a losing trade (martingale), moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 9 settings, such as Take profit, Stop loss and Lock profit. MQL source code included.

Files in the download: EAServant12_Avg+ (1)..mq4.

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

Settings

SettingDefaultWhat it does
Take profit4Take profit distance
Stop loss10Stop loss distance
Lock profit100
Averagingtrue
Lot multiplier1.0How much the lot size grows after a loss
Range4
Level100
Modify tpslfalseBila false maka TP_Money_Percents juga tidak berfungsi
Tp money percents0.40

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: Martingale · Trailing Stop & Break-even · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria