Expert Trend Strenght EMA
Expert Trend Strenght EMA — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its name points to moving averages and following the trend. Its source code uses moving averages. It can size trades from your risk. It has 5 settings, for example Stop Loss (default 0), Take Profit (default 0) and Lots (default 1). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Expert Trend Strenght EMA
Expert Trend Strenght EMA is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It can size trades from your balance and risk percent. It has 5 settings, such as Stop loss, Take profit and Lots. MQL source code included.
Files in the download: ExpertTrendStrenghtEMA.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 |
|---|---|---|
| Stop loss | 0 | Stop loss distance |
| Take profit | 0 | Take profit distance |
| Lots | 1 | Trade size in lots |
| Money management | false | |
| Margin percent | 20 |
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: Moving Average · Trend · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code