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Euro X2 Edit Lot

From the Old Kings archive: Euro X2 Edit Lot, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD. It moves the stop behind price, can size trades from your risk and handles several symbols. It has 6 settings, for example Max Trades (default 10), Pips (default 5) and Take Profit (default 40.0). 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 Euro X2 Edit Lot

Euro X2 Edit Lot is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and works on several symbols at once. It has 6 settings, such as Max trades, Pips and Take profit. MQL source code included.

Files in the download: EuroX2 edit lot.mq4.

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

Settings

SettingDefaultWhat it does
Max trades10Maximum number of open trades
Pips5
Take profit40.0Take profit distance
Lots0.1Trade size in lots
Trailing stop20.0Trailing stop distance or switch
Initial stop110.0

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 · Multi-Currency · MACD · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria