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Evolution V Final

Evolution V Final — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages. It places pending orders and can size trades from your risk. It has 15 settings, for example Fast Period (default 7), Fast Price (default 1) and Slow Period (default 88). 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 Evolution V Final

Evolution V Final is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 15 settings, such as Fast period, Fast price and Slow period. MQL source code included.

Files in the download: Evo V Manual.txt, EvolutionV_Final_Full.mq4.

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

Settings

SettingDefaultWhat it does
Fast period7Period or timeframe used by the calculation
Fast price1
Slow period88Period or timeframe used by the calculation
Slow price1
Dv buy sell0.0011
Dv stay out0.0073
Trade buy0
Trade sell0
Total profit0.0
Tradinvar hour5
Setup valid for x minutes30
Take profit100Take profit distance
Force close after x hours99
Lots0.1Trade size in lots
Slippage7Maximum slippage allowed when opening a trade

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: Pending Orders · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria