Forex Envy V2.0 Revers
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Forex Envy V2.0 Revers. The file name marks it as version 2.0. In the code it works with moving averages and Parabolic SAR. It raises the lot size after losses (martingale — high risk), places pending orders and has a trading-hours filter. It has 40 settings, for example Register Number, User and KEY. Watch it on a demo account for a while — robots can behave differently with each broker. 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 · v2.0 · Free
About Forex Envy V2.0 Revers
Forex Envy V2.0 Revers is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and Parabolic SAR. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 40 settings, such as Register number, User and KEY. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Forex_Envy_v2.0_Revers.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 |
|---|---|---|
| Register number | ||
| User | ||
| KEY | ||
| _________ | Input a unique magic number for each cha | |
| Revers order | 1 | 1-; 0-; |
| Magic number | 0 | Magic number that tells this EA's orders apart |
| Base lot size | 0.1 | |
| Execution point | 0 | |
| Basket take profit | 150.0 | Take profit distance |
| Basket stop loss | 150 | Stop loss distance |
| Multiplier | 1.1 | How much the lot size grows after a loss |
| Maximum buy levels | 2 | |
| Maximum sell levels | 2 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Support ecn | true | |
| Bail out pct | 100.0 | |
| Chicken out | FALSE | |
| Freeze after tp | FALSE | |
| Freeze after tp scheduler | FALSE | |
| __________ | Freeze After TP Scheduler | |
| Sun start hour | 0 | Hour when trading starts (server time) |
| Sun start minute | 0 | |
| Sun end hour | 0 | Hour when trading stops (server time) |
| Sun end minute | 0 | |
| Mon start hour | 0 | Hour when trading starts (server time) |
| Mon start minute | 0 | |
| Mon end hour | 0 | Hour when trading stops (server time) |
| Mon end minute | 0 | |
| Tue start hour | 0 | Hour when trading starts (server time) |
| Tue start minute | 0 | |
| Tue end hour | 0 | Hour when trading stops (server time) |
| Tue end minute | 0 | |
| Wed start hour | 0 | Hour when trading starts (server time) |
| Wed start minute | 0 | |
| Wed end hour | 0 | Hour when trading stops (server time) |
| Wed end minute | 0 | |
| Thu start hour | 0 | Hour when trading starts (server time) |
| Thu start minute | 0 | |
| Thu end hour | 0 | Hour when trading stops (server time) |
| Thu end minute | 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: Martingale · Pending Orders · Time Filter · Risk & Lot Size · Moving Average · Parabolic SAR · MT4 Expert Advisor · MQL4 Source Code