Forex Envy2.0
Forex Envy2.0 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages and Parabolic SAR. It raises the lot size after losses (martingale — high risk), has a trading-hours filter and can size trades from your risk. It has 40 settings, for example Register Number, User and KEY. Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor and 23 settings files (.set). 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 Envy2.0
Forex Envy2.0 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), trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 40 settings, such as Register number, User and KEY. MQL source code included.
Files in the download: Forex_Envy_v2.0_edu_nodll.mq4, #1 EURUSD max-100 ($3,000-$4,000) -HV-.set, #14 USDCAD (short cycle) max-100 ($3,000-$4,000) -HV-.set, #15 USDJPY (short cycle) max-100 ($3,000-$4,000) -HV-.set, #2 GBPUSD max-100 ($3,000-$4,000) -HV-.set, #4 EURGBP max-100 ($3,000-$4,000) -HV-.set, #5 USDCAD max-100 ($3,000-$4,000) -HV-.set, #6 AUDUSD max-100 ($3,000-$4,000) -HV-.set ….
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 | |
| Magic number | 0 | Magic number that tells this EA's orders apart |
| Base lot size | 0.01 | |
| Execution point | 0 | |
| Basket take profit | 0.0 | Take profit distance |
| Basket stop loss | 0 | Stop loss distance |
| Multiplier | 1.0 | How much the lot size grows after a loss |
| Maximum buy levels | 0 | |
| Maximum sell levels | 0 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Support ecn | FALSE | |
| 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 | |
| Fri start hour | 0 | Hour when trading starts (server time) |
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 · Time Filter · Risk & Lot Size · Moving Average · Parabolic SAR · MT4 Expert Advisor · MQL4 Source Code