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Forex Benz Audnz

From the Old Kings archive: Forex Benz Audnz, an expert advisor (trading robot) for MetaTrader 4. It raises the lot size after losses (martingale — high risk). It has 4 settings, for example Lots (default 0.01), Multiplier (default 1.6) and Max Spread (default 8). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 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 Benz Audnz

Forex Benz Audnz is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale). It has 4 settings, such as Lots, Multiplier and Max spread. MQL source code included.

Files in the download: Forex Benz AUDNZ\Forex Benz AUDNZ.txt, Forex Benz AUDNZ\Forex_Benz_AUDNZ.jpg, Forex Benz AUDNZ\large.png, Forex Benz AUDNZ\dll\benzaudnz.dll, Forex Benz AUDNZ\experts\Forex Benz AUDNZ_v7.ex4, Forex Benz AUDNZ\experts\Forex Benz AUDNZ_v7.mq4.

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

Settings

SettingDefaultWhat it does
Lots0.01Trade size in lots
Multiplier1.6How much the lot size grows after a loss
Max spread8Maximum spread allowed to trade
Max open trades12

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: Martingale · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria