Firebird V63E1
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Firebird V63E1. In the code it works with moving averages and an oscillator. It works with a grid of orders, places pending orders and has a trading-hours filter. It has 24 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 V63E1
Firebird V63E1 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and Oscillator. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 24 settings, such as Ma length, Ma timeframe and M atype. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Firebird v63E1.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 |
|---|---|---|
| Ma length | 10 | |
| Ma timeframe | 30 | hdb did I add this ? lol |
| M atype | 0 | 0=close, 1=HL |
| Percent | 0.1 | |
| Trade on friday | 1 | >0 trades on friday |
| Slip | 100 | exits only |
| Lots | 0.1 | modified by Renato |
| Take profit | 30 | Take profit distance |
| Stoploss | 300 | total loss on all open positions in pips // modified by Renato |
| Fast period | 23 | Period or timeframe used by the calculation |
| Fast price | PRICE_OPEN | |
| Slow period | 84 | Period or timeframe used by the calculation |
| Slow price | PRICE_OPEN | |
| Divergence limit | 0.002 | |
| Pip step | 30 | if position goes this amount of pips against you add another. |
| Increasement type | 0 | 0=just add every PipStep, >0 =OrdersToal()^x *Pipstep |
| Dv limit | 10 | included by Renato |
| Pips goal | 500 | included by Renato |
| Pips loss | 500 | included by Renato |
| GMT | 0 | InterbankFX // included by Renato Changed back to 0 by MrPip |
| DST | 0 | 0=Standard 1=Daylight Saving // included by Renato |
| Opening hour | 0 | included by Renato |
| Closing hour | 23 | included by Renato |
| Writelog | 0 |
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 · Time Filter · Risk & Lot Size · Moving Average · Oscillator · MT4 Expert Advisor · MQL4 Source Code