FE MOD 2.009
FE MOD 2.009 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is a modified edition. Its source code uses RSI and the Stochastic oscillator. It raises the lot size after losses (martingale — high risk), moves the stop behind price and has a trading-hours filter. It has 40 settings, for example EA Name (default FEM 2.009), _________ (default Input a unique magic num) and Magic Number (default 0). 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 and 94 settings files (.set). 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 FE MOD 2.009
FE MOD 2.009 is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Stochastic. It increases the lot size after a losing trade (martingale), moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Ea name, _________ and Magic number. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: AUDNZD_SWBSH_M15_DEPO_5000.gif, AUDNZD_SWBSH_M15_FEM2.009+_DD1.70_PF1.93.gif, AUDNZD_SWBSH_M15_FEM2.009+_DD1.70_PF1.93.log, AUDNZD_SWBSH_M15_FEM2.009+_DD1.70_PF1.93.set, AUDNZD_SWBSH_M15_FEM2.009+_DD7.23_PF8.57.gif, AUDNZD_SWBSH_M15_FEM2.009+_DD7.23_PF8.57.log, AUDNZD_SWBSH_M15_FEM2.009+_DD7.23_PF8.57.set, AUDUSD_SWBSH_M15_FEM2.009+_DD21.77_PF1.62.gif ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ea name | FEM 2.009 | |
| _________ | Input a unique magic number for each cha | |
| Magic number | 0 | Magic number that tells this EA's orders apart |
| Base lot size | 0.01 | |
| Execution point | 0 | |
| Basket take profit | 0.0 | Take profit distance |
| Basket stop loss | 0 | Stop loss distance |
| Multiplier | 1.0 | How much the lot size grows after a loss |
| Maximum buy levels | 0 | |
| Maximum sell levels | 0 | |
| Negative basket protection | FALSE | |
| NBP | 0 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Bail out pct | 100.0 | |
| Chicken out | FALSE | |
| Freeze after tp | FALSE | |
| Freeze after tp scheduler | FALSE | |
| Show breakeven | FALSE | Move the stop to break-even |
| Augmenter on | TRUE | |
| ____________ | Augmenter | |
| Multiplier 1 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 1 | 0.0 | Take profit distance |
| Multiplier 2 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 2 | 0.0 | Take profit distance |
| Multiplier 3 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 3 | 0.0 | Take profit distance |
| Multiplier 4 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 4 | 0.0 | Take profit distance |
| Multiplier 5 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 5 | 0.0 | Take profit distance |
| Multiplier 6 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 6 | 0.0 | Take profit distance |
| Multiplier 7 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 7 | 0.0 | Take profit distance |
| Multiplier 8 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 8 | 0.0 | Take profit distance |
| Multiplier 9 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 9 | 0.0 | Take profit distance |
| Multiplier 10 | 0.0 | How much the lot size grows after a loss |
| Basket take profit 10 | 0.0 | Take profit distance |
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: Martingale · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · RSI · Stochastic · MT4 Expert Advisor · MQL4 Source Code