Expert Pipsleader Usdjpy EA
Expert Pipsleader Usdjpy EA is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses CCI. It moves the stop behind price and can size trades from your risk. It has 17 settings, for example server time (default 1), Take Profit (default 45.0) and Stop Loss (default 55.0). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files 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 Expert Pipsleader Usdjpy EA
Expert Pipsleader Usdjpy EA is an expert advisor (trading robot) for MetaTrader 4 based on CCI. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 17 settings, such as Server time, Take profit and Stop loss. MQL source code included.
Files in the download: pipsleaderusdjpyEA.ex4, pipsleaderusdjpyEA.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 |
|---|---|---|
| Server time | 1 | |
| Take profit | 45.0 | Take profit distance |
| Stop loss | 55.0 | Stop loss distance |
| Trailing stop | 10.0 | Trailing stop distance or switch |
| User lot size | 1.0 | |
| My comment | Dont change the below parameters | Comment written on the orders |
| Reversetrade | TRUE | |
| Counter trade | TRUE | |
| Time shift | -7 | Bar shift (0 = current bar) |
| Opt active time | 11 | |
| Value at risk | 1.0 | Risk per trade (percent of balance) |
| Account risk control | TRUE | Risk per trade (percent of balance) |
| Indicator1 check | 75.0 | |
| Indicator1 period | 14.0 | Period or timeframe used by the calculation |
| Trailing stop percentage | 0.87 | Trailing stop distance or switch |
| Mid range factor | 0.927 | |
| Price deviation | 0.0 |
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: USDJPY · Trailing Stop & Break-even · Risk & Lot Size · CCI · MT4 Expert Advisor · MQL4 Source Code