EAs
EAs — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It raises the lot size after losses (martingale — high risk), works with a grid of orders and can hold buy and sell positions together. It has 40 settings, for example USEMOVETOBREAKEVEN (default true), WHENTOMOVETOBE (default 10) and PIPSTOMOVESL (default 5). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 84 EA files with source code (.mq4) you can open and edit in MetaEditor, 24 settings files (.set) and a PDF guide. 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 EAs
EAs is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and can hold buy and sell positions at the same time (hedging). It has 40 settings, such as Usemovetobreakeven, Whentomovetobe and Pipstomovesl. MQL source code included.
It also places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter).
Files in the download: BD Profit EA.ex4, CoreFX EA.ex4, TSR 2016 EA (2.0).ex4, #EA Hobbit v7-Special Edition.ex4, 1H Bolinger Bands.mq4, 555 Scalper.mq4, Aeron-scalper-v1_fix.ex4, Aeron-Scalper-v2.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 |
|---|---|---|
| Usemovetobreakeven | true | Enable "no loss" |
| Whentomovetobe | 10 | When to move break even |
| Pipstomovesl | 5 | How much pips to move sl |
| Lots | 0.01 | Lots size |
| Maximum risk | 0.02 | Risk per trade (percent of balance) |
| Decrease factor | 3 | |
| Trailing stop | 40 | TrailingStop |
| Stop loss | 20 | Stop Loss |
| Magic number | 1234 | MagicNumber |
| Take profit | 50 | TakeProfit |
| Mom sell | 0.3 | Momentum_Sell |
| Mom buy | 0.3 | Momentum_Buy |
| Auto lots | TRUE | |
| Equity for lots | 10.0 | |
| Lots multiplier | 1.5 | How much the lot size grows after a loss |
| Distance | 0 | Distance between orders |
| Distance multiplier | 0.75 | How much the lot size grows after a loss |
| Profit | 0 | |
| Profit multiplier | 1.5 | How much the lot size grows after a loss |
| Maximum lots | 0.0 | |
| Total positions | 10 | |
| Reset days | 30 | |
| Reset profit | 100 | |
| Reset loss | 100 | |
| Auto dilute | FALSE | |
| Start hour | 0 | Hour when trading starts (server time) |
| End hour | 24 | Hour when trading stops (server time) |
| Comments | Aeron-AllPairs-2012-v2 | Comment written on the orders |
| Important | Do not modify any parameter | |
| Important | all are very optimized | |
| Important | Please contact support@aeroninfo.com | |
| Important | before any modification | |
| Activation key | Mandatory for Real Accounts | |
| Loss tolerance | 20 | |
| Restart after days | 7 | |
| Reset after loss | 0.0 | |
| First lots size | 0.02 | |
| Lots increment factor | 2.667 | |
| Positions gap | 150 | |
| Positions gap factor | 1 |
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 · Grid · Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code