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Firebird V065tf

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Firebird V065tf. In the code it works with moving averages. It works with a grid of orders, moves the stop behind price and has a trading-hours filter. It has 17 settings, for example MA length (default 10), MA timeframe (default 30) and MAtype (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. 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 Firebird V065tf

Firebird V065tf is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It opens a grid of orders at fixed price steps, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 17 settings, such as Ma length, Ma timeframe and M atype. MQL source code included.

Files in the download: Firebird v065tf.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Ma length10
Ma timeframe30hdb did I add this ? lol
M atype00=close, 1=HL
Percent0.3
Trade on friday1>0 trades on friday
Slip100exits only
Lots0.5Trade size in lots
Take profit34Take profit distance
Stoploss200total loss on all open positions in pips
Pip step30if position goes this amount of pips against you add another.
Increasement type00=just add every PipStep, >0 =OrdersToal()^x *Pipstep
Magic number42345Magic number that tells this EA's orders apart
Use trailing stopfalseTrailing stop distance or switch
Trailing stop30Trailing stop distance or switch
Use hour tradefalse
From hour trade8
To hour trade18

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Grid · Trailing Stop & Break-even · Time Filter · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria