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En Light Surfing 1.3

En Light Surfing 1.3 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 28 settings, for example Take Profit (default 100), Stoploss (default 140) and Trailing Stop (default 24). 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 En Light Surfing 1.3

En Light Surfing 1.3 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 28 settings, such as Take profit, Stoploss and Trailing stop. MQL source code included.

Files in the download: 416_enLight_Surfing.mq4, Текстовый документ.txt.

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

Settings

SettingDefaultWhat it does
Take profit100Take profit distance
Stoploss140Stop loss distance
Trailing stop24Trailing stop distance or switch
Trail step2Trailing stop distance or switch
Slippage3Maximum slippage allowed when opening a trade
Pips10
Profit level22
Close level18
Stoploss pipstrueStop loss distance
Stoploss d1falseStop loss distance
Stoploss h1falseStop loss distance
Ma period day144Number of bars in the calculation
Ma period hour89Number of bars in the calculation
Lots way choice0
Lots0.1Trade size in lots
Lots delta depo1500
Lots percent5
Lots max50
Com
Use hour tradefalse
Open hour trade11
Close hour trade22
Com1
Use minute tradetrue
Open minute trade0
Close minute trade5
All close hour25
Comment for ordersenLight_SurfingComment written on the orders

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 · Time Filter · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria