EA Tren
EA Tren — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses ADX. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 13 settings, for example lots (default 0.01), TP (default 0) and SL (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 3 indicator 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 Tren
EA Tren is an expert advisor (trading robot) for MetaTrader 4 based on ADX. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 13 settings, such as Lots, TP and SL. MQL source code included.
Files in the download: EA TREN.mq4, EA TREN.ex4, AltrTrend_Signal.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 |
|---|---|---|
| Lots | 0.01 | Trade size in lots |
| TP | 0 | Take profit distance |
| SL | 0 | Stop loss distance |
| Cutswitch | true | |
| INDI1 | AltrTrend_Signal | |
| Shift indi1 | 1 | Bar shift (0 = current bar) |
| K | 30 | |
| Kstop | 0.5 | |
| Kperiod | 150 | Period or timeframe used by the calculation |
| Per adx | 14 | |
| Count bars | 350 | |
| Magic number | 12345 | Magic number that tells this EA's orders apart |
| Slippage | 3 | 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 · Time Filter · Risk & Lot Size · ADX · MT4 Indicator · MQL4 Source Code