Exp TL02
Exp TL02 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It has 10 settings, for example Lot (default 0.1), RPeriod (default 12) and LPeriod (default 2). 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 Exp TL02
Exp TL02 is an expert advisor (trading robot) for MetaTrader 4. It has 10 settings, such as Lot, R period and L period. MQL source code included.
Files in the download: ExpTL02.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 |
|---|---|---|
| Lot | 0.1 | Trade size in lots |
| R period | 12 | Period or timeframe used by the calculation |
| L period | 2 | Period or timeframe used by the calculation |
| Profit level1 | 10 | |
| Take level1 | 1 | |
| Profit level2 | 20 | |
| Take level2 | 10 | |
| Profit level3 | 30 | |
| Take level3 | 20 | |
| Trall | 10 |
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: MT4 Expert Advisor · MQL4 Source Code