EMA Cross 2 Ron Mod V71
EMA Cross 2 Ron Mod V71 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. As the name suggests, the idea behind it is moving averages. This copy is version 71. Its source code uses moving averages. It moves the stop behind price and can size trades from your risk. It has 6 settings, for example Starting Balance (default 5922.74), Take Profit (default 7) and Stop Loss (default 37). 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 · v71 · Free
About EMA Cross 2 Ron Mod V71
EMA Cross 2 Ron Mod V71 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 6 settings, such as Starting balance, Take profit and Stop loss. MQL source code included.
Files in the download: EMA_CROSS_2_RonModV71.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 |
|---|---|---|
| Starting balance | 5922.74 | |
| Take profit | 7 | Take profit distance |
| Stop loss | 37 | Stop loss distance |
| Trailing stop | 6 | Trailing stop distance or switch |
| Short ema | 2 | |
| Long ema | 40 |
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: Moving Average · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code