Enterra Forex Star EA 3
Enterra Forex Star EA 3 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses RSI and moving averages. It has a trading-hours filter and can size trades from your risk. It has 40 settings, for example Magic (default 3245787), Trade Parameters (default ---------- ----------) and Hour Start Trade (default 20). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA 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 Enterra Forex Star EA 3
Enterra Forex Star EA 3 is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 40 settings, such as Magic, Trade parameters and Hour start trade. MQL source code included.
Files in the download: enterra_forex_star_ea_3.1.mq4, enterra_forex_star_ea_3.2_beta.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 |
|---|---|---|
| Magic | 3245787 | , |
| Trade parameters | ---------- ---------- | |
| Hour start trade | 20 | (simple trade) |
| Minute start trade | 20 | (simple trade) |
| Hour stop trade | 1 | (simple trade) |
| Minute stop trade | 58 | (simple trade) |
| Stop loss | 40.0 | stop/loss , |
| Take profit | 12.0 | take/profit , |
| Lot | 0.1 | lot , |
| Operation parameters | ---------- ---------- | |
| Max spread | 5 | Maximum spread allowed to trade |
| Requote attempts | 3 | ( , , ) |
| Capital parameters | ---------- ---------- | |
| Limit per deal lost | 6 | , , |
| Lots parameters | ---------- ---------- | |
| Use mm | true | |
| Lots percent | 10 | , |
| Means comm1 | ---------- ---------- | |
| Means comm2 | MeansType: 1 - Balance, 2 - Equity, 3 - | |
| Means type | 1 | , . 1 - Balance, 2 - Equity, 3 - FreeMargin |
| Lots digits | 1 | |
| Max lot | 5 | |
| Min lot | 0.1 | |
| Safity parameters | -------------------- | |
| Return chanel width | 12 | RSI 15, , |
| Channel width | 2 | SMA 15 |
| Filter parameters | ---------- ---------- | |
| First barrier | 0 | |
| Second barrier | 0 | |
| Third barrier | 2 | |
| Forth barrier | 1 | |
| Five barrier | 4 | |
| Six barrier | 2 | |
| First barrier minute | 40 | . |
| Second barrier minute | 60 | . |
| Third barrier minute | 110 | . |
| Forth barrier minute | 140 | . |
| Five barrier minute | 150 | . |
| Six barrier minute | 180 | . |
| Trade on monday | true |
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: Time Filter · Risk & Lot Size · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code