Forex AFX Basic Trading System
Forex AFX Basic Trading System — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It places pending orders and can size trades from your risk. It has 9 settings, for example Lots (default 0.2), Use Money Mgmt (default false) and Risk Percent (default 1.5). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 71 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 Forex AFX Basic Trading System
Forex AFX Basic Trading System is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 9 settings, such as Lots, Use money mgmt and Risk percent. MQL source code included.
Files in the download: AFX_Trailing.ex4, ###Gann_HiLo_Activator_v2###.ex4, #MTF_ ###Gann_HiLo_Activator_v2###.ex4, #MTF_BrainTrend1Sig.ex4, #MTF_BrainTrend1Stop.ex4, #MTF_BrainTrend1StopLine.ex4, #MTF_BrainTrend2 minie.ex4, #MTF_BrainTrend2.ex4 ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lots | 0.2 | Trade size in lots |
| Use money mgmt | false | |
| Risk percent | 1.5 | Risk per trade (percent of balance) |
| Use stop | true | |
| Use take profit | true | Take profit distance |
| Stop loss | 50 | Stop loss distance |
| Take profit | 100 | Take profit distance |
| Note | 0 in Entry field means Market Order Buy | |
| Entry | 0.0000 |
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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code