FM Experts
FM Experts is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example c0 (default ------------------------), Lot Start (default 0.01) and Risk (default 10). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 49 EA files 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 FM Experts
FM Experts is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders, 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 C0, Lot start and Risk. MQL source code included.
It also can size trades from your balance and risk percent and works on several symbols at once.
Files in the download: FM-AhilAnger.ex4, FM-AhilAnger.mq4, FM_TrendSignal.ex4, Ä»¿ßá¡¿Ñ.txt, FM-BlackBox NEW.ex4, FM-BlackBox NEW.mq4, FM-CONECCT 2.0 (R).ex4, FM-CONECCT 2.0 (R).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 |
|---|---|---|
| C0 | ------------------------ | |
| Lot start | 0.01 | , |
| Risk | 10 | % |
| Step | 5 | Distance between orders |
| C6 | ------------------------ | |
| Stop procent | 0 | % |
| Magic | 1111 | Magic number that tells this EA's orders apart |
| C1 | ------------------------ | |
| Symbol 1 | EURUSD | |
| Symbol 2 | GBPUSD | |
| Symbol 3 | USDJPY | |
| Symbol 4 | EURJPY | |
| Symbol 5 | USDCAD | |
| C2 | ------------------------ | |
| Tral | 30 | |
| TF | 15 | . 1,5,15,30,60,240,1440 |
| Profit procent | 5 | |
| Stop minus | 0 | |
| Max orders | 40000 | Maximum number of open trades |
| Doliv | true | |
| C4 | ------------------------ | |
| C5 | ------------------------ | |
| Time life | 10 | |
| Profit time close | 0.2 | % |
| Frame bar | 1 | |
| Info | true | |
| Max risk | 10 | ( ) |
| Take profit | 20 | Take profit distance |
| Time start | 0 | |
| Time end | 23 | |
| Up lot | 1 | () |
| X orders | 20 | |
| Profit procent pachka | 15 | |
| C3 | ------------------------ | |
| Time close | 10 | |
| Count bars | 2000 | |
| Fm period | 3 | Period or timeframe used by the calculation |
| Fm signal | 30 | |
| Symbol 6 | USDJPY | |
| Symbol 7 | USDCAD |
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 · Time Filter · Risk & Lot Size · Multi-Currency · Moving Average · MT4 Expert Advisor · MQL4 Source Code