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Euro Blaster V3

Euro Blaster V3 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 3. Its source code uses MACD and RSI. It can hold buy and sell positions together, moves the stop behind price and has a trading-hours filter. It has 37 settings, for example EA Name (default EURO_BLASTER), Creator (default Copyright 2009, Forex S) and Magic No (default 2345). 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 and 1 settings file (.set). 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 · v3 · Free

About Euro Blaster V3

Euro Blaster V3 is an expert advisor (trading robot) for MetaTrader 4 based on MACD and RSI. It can hold buy and sell positions at the same time (hedging), moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 37 settings, such as Ea name, Creator and Magic no. MQL source code included.

It also can size trades from your balance and risk percent.

Files in the download: EURO_BLASTER V3.ex4, EURO_BLASTER V3~.mq4, EURO_BLASTER_V3.set.

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

Settings

SettingDefaultWhat it does
Ea nameEURO_BLASTER
CreatorCopyright 2009, Forex Spiritual Team
Magic no2345Magic number that tells this EA's orders apart
Part1=== Time Management ===
Use time mgmtTRUE
Trade on fridayFALSE
Part1 1= Start-End Time =
Trade start hour0Hour when trading starts (server time)
Trade start minutes0
Trade end hour12Hour when trading stops (server time)
Trade end minutes0
Part1 2= Start-End Time 2 =
Trade start hour212Hour when trading starts (server time)
Trade start minutes20
Trade end hour223Hour when trading stops (server time)
Trade end minutes20
Part2=== Trading Management ===
MMTRUE
Aggresive lot sizeFALSE
Risk percent5.0Risk per trade (percent of balance)
Lot size0.01Trade size in lots
Max lot size100.0
Max order5
Stop time0.0
Take profit25.0Take profit distance
Min auto tp10.0
Stop loss300.0Stop loss distance
Slippage3.0Maximum slippage allowed when opening a trade
Trailing stop0.0Trailing stop distance or switch
Trailing profitFALSETrailing stop distance or switch
Trailing pips1Trailing stop distance or switch
Profit protectionFALSE
Percent over balance3.0
Break evenTRUEMove the stop to break-even
Break even pips10Move the stop to break-even
Hedge allowedFALSE
Wish u have=== Good Luck ===

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: Hedging · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MACD · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria