EURUSD Robot M.mq4
From the Old Kings archive: EURUSD Robot M.mq4, an expert advisor (trading robot) for MetaTrader 4. In the code it works with RSI and moving averages. It has a trading-hours filter and can size trades from your risk. It has 22 settings, for example EURUSD (default ---------- EURUSD (Any P), Magic Number (default 88888882) and Hour Start Trade (default 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 EURUSD Robot M.mq4
EURUSD Robot M.mq4 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 22 settings, such as Eurusd, Magic number and Hour start trade. MQL source code included.
Files in the download: EURUSD_Robot_M.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 |
|---|---|---|
| Eurusd | ---------- EURUSD (Any Pair) | |
| Magic number | 88888882 | Magic number that tells this EA's orders apart |
| Hour start trade | 0 | |
| Hour stop trade | 1 | |
| Lots parameters | ---------- Lots - Parameters ---------- | |
| Lots | 0.01 | Trade size in lots |
| Lots optimized | TRUE | |
| Risk | 5 | Risk per trade (percent of balance) |
| Maximum lots | 100 | |
| Order parameters | ---------- Order - Parameters ---------- | |
| Stop loss | 800.0 | Stop loss distance |
| Take profit | 70.0 | Take profit distance |
| Virtual tp | FALSE | |
| Slippage | 4 | Maximum slippage allowed when opening a trade |
| Slippage close | 4 | Maximum slippage allowed when opening a trade |
| Max spread | 5.0 | Maximum spread allowed to trade |
| Time opened protection | TRUE | |
| Volatility parameters | ---------- Volatility - Parameters ----- | |
| Volatility filter | FALSE | |
| Sec | 0.001 | |
| Se2c | 0.001 | |
| Se3c | 0.0012 |
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: EURUSD · Time Filter · Risk & Lot Size · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code