Farhad Crab1 Showingequity Maxpos SL Backtestonly
Farhad Crab1 Showingequity Maxpos SL Backtestonly — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses MACD, RSI and the Stochastic oscillator. It places pending orders, moves the stop behind price and can size trades from your risk. It has 18 settings, for example l Take Profit (default 10), s Take Profit (default 10) and take Profit (default 10). 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 Farhad Crab1 Showingequity Maxpos SL Backtestonly
Farhad Crab1 Showingequity Maxpos SL Backtestonly is an expert advisor (trading robot) for MetaTrader 4 based on MACD, RSI and Stochastic. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 18 settings, such as L take profit, S take profit and Take profit. MQL source code included.
Files in the download: FarhadCrab1_showingequity_maxpos_SL_BACKTESTONLY.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 |
|---|---|---|
| L take profit | 10 | recomended no more than 20 |
| S take profit | 10 | recomended no more than 20 |
| Take profit | 10 | recomended no more than 20 |
| Stop loss | 100 | do not use s/l at all. Take it easy man. I'll guarantee your profit :) |
| Magic ea | 114 | Magic EA identifier. Allows for several co-existing EA with different input values |
| L trailing stop | 8 | trail stop in points |
| S trailing stop | 8 | trail stop in points |
| Cl open buy | Blue | Different colors for different positions |
| Cl close buy | Aqua | Different colors for different positions |
| Cl open sell | Red | Different colors for different positions |
| Cl close sell | Violet | Different colors for different positions |
| Cl modi buy | Blue | Different colors for different positions |
| Cl modi sell | Red | Different colors for different positions |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Max positions | 6 | Maximum number of open trades |
| Lots | 0.1 | you can change the lot but be aware of margin. Its better to trade with 1/4 of your capital. |
| Name ea | FarhadCrab1.mq4 | To "easy read" which EA place an specific order and remember me forever :) |
| V volume |
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: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MACD · RSI · Stochastic · MT4 Expert Advisor · MQL4 Source Code