Flieger EA
Flieger EA is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 40 settings, for example rsi period (default 10), ma period (default 10) and K periods (default 7). 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 Flieger EA
Flieger EA is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 40 settings, such as Rsi period, Ma period and K periods. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and has a news filter.
Files in the download: Flieger EA.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 |
|---|---|---|
| Rsi period | 10 | RSI period |
| Ma period | 10 | MA period |
| K periods | 7 | Stoch %K |
| D periods | 3 | Stoch %D |
| Slowing | 3 | Stoch Slowing |
| X long | 20 | X Long |
| X short | 85 | X Short |
| Exit with bands | true | Exit with bands |
| Bb period | 20 | BB length |
| Bb deviation | 2 | BB deviation |
| Bb shift | 0 | BB shift |
| Bb price | PRICE_CLOSE | BB Price type |
| Bb length | 20 | BB length |
| Bb deviation | 2 | BB deviation |
| General section | == General == | |
| General section desc | https://github.com/sibvic/mq4-templates/ | Description of parameters could be found at |
| Trading timeframe | PERIOD_CURRENT | Trading timeframe |
| Ecn broker | false | ECN Broker? |
| Entry logic | TradingModeLive | Entry logic |
| Exit logic | TradingModeLive | Exit logic |
| Lots value | 0.1 | Position size |
| Lots type | PositionSizeContract | Position size type |
| Slippage points | 3 | Slippage, points |
| Trading side | BothSides | What trades should be taken |
| Logic direction | DirectLogic | Logic type |
| Close on opposite | true | Close on opposite signal |
| Cap section | == Position cap == | |
| Position cap | false | Position Cap |
| No of positions | 1 | Max # of buy+sell positions |
| No of buy position | 1 | Max # of buy positions |
| No of sell position | 1 | Max # of sell positions |
| Martingale section | == Martingale type == | |
| Martingale type | MartingaleDoNotUse | Martingale type |
| Martingale lot sizing type | MartingaleLotSizingNo | Martingale lot sizing type |
| Martingale lot value | 1.5 | Matringale lot sizing value |
| Martingale step type | MartingaleStepSizePercent | Step unit |
| Martingale step | 5 | Open matringale position step |
| Stop loss type | SLDoNotUse | Stop loss type |
| Stop loss value | 10 | Stop loss value |
| Trailing type | TrailingDontUse | Trailing type |
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 · Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · News Trading · MT4 Expert Advisor · MQL4 Source Code