FAP Winner Grid Tader 5 Non Expired
From the Old Kings archive: FAP Winner Grid Tader 5 Non Expired, an expert advisor (trading robot) for MetaTrader 4. Its name points to a grid of orders at fixed price steps. It works with a grid of orders, places pending orders and can size trades from your risk. It has 19 settings, for example All Trades Closer (default FALSE), All Orders Remover (default FALSE) and Target Profit (default 0.0). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 FAP Winner Grid Tader 5 Non Expired
FAP Winner Grid Tader 5 Non Expired is an expert advisor (trading robot) for MetaTrader 4. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 19 settings, such as All trades closer, All orders remover and Target profit. MQL source code included.
Files in the download: FapWinnerGridTrader5 non expired.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 |
|---|---|---|
| All trades closer | FALSE | |
| All orders remover | FALSE | |
| Target profit | 0.0 | |
| Maximum drawdown | 0.0 | |
| Start grid price | 0.7517 | |
| Number orders | 30 | |
| Distance | 9 | Distance between orders |
| Stop loss | 500 | Stop loss distance |
| Take profit | 6 | Take profit distance |
| Money management | ||
| Lots | 0.1 | Trade size in lots |
| Use mm | FALSE | |
| Risk | 2.0 | Risk per trade (percent of balance) |
| Mini account | FALSE | |
| Settings | ||
| Expert comment | Grid Trader | Comment written on the orders |
| Color buy | Blue | Colour on the chart |
| Color sell | Red | Colour on the chart |
| Write debug logs | FALSE |
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: Grid · Pending Orders · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code