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Easy Robot 6

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Easy Robot 6. In the code it works with ATR. It moves the stop behind price and can size trades from your risk. It has 11 settings, for example Magic Number (default 1234567), Auto Lot (default true) and Fixed Lot (default 0.1). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Easy Robot 6

Easy Robot 6 is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 11 settings, such as Magic number, Auto lot and Fixed lot. MQL source code included.

Files in the download: EasyRobot.mq4.

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

Settings

SettingDefaultWhat it does
Magic number12345671. Magic number
Auto lottrue2. Auto lots
Fixed lot0.13. Fixed lots size
Risk24. Risk % (if #2=true)
Take factor4.25. TP factor multiplier ( range 1.0-5.0/step 0.1 )
Stop factor4.96. SL factor multiplier ( range 1.0-5.0/step 0.1 )
Use tstoptrue7. Trailing stop
Tstart48.8. Trailing start pips ( range 10.0-50.0/step 1.0 )
Tstep36.9. Trailing step pips ( range 10.0-50.0/step 1.0 )
OscbER_BUY10. Order string comment long
OscsER_SELL11. Order string comment short

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

Old Kings — classic MT4 & MT5 collection · PolyMaria