Forex Extreme TMA Bands Trading System
Forex Extreme TMA Bands Trading System — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages, Bollinger Bands and ATR. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 40 settings, for example Lot (default 0.10), Take Profit (default 0) and Stop Loss (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 14 indicator 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 Extreme TMA Bands Trading System
Forex Extreme TMA Bands Trading System is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, Bollinger Bands and ATR. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Lot, Take profit and Stop loss. MQL source code included.
Files in the download: !ExtremeTMA_v17.ex4, 1.0 5x5 Buy 15M.mq4, 1.0 5x5 Sell 15M.mq4, CandleCountdown.mq4, Display symbol and timeframe.mq4, extreme tma system - small.tpl, extreme tma system.tpl, HA.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 |
|---|---|---|
| Lot | 0.10 | Trade size in lots |
| Take profit | 0 | Take profit distance |
| Stop loss | 0 | Stop loss distance |
| Magic number | 1 | Magic number that tells this EA's orders apart |
| Trade comment | 1.0 5x5 buy | Comment written on the orders |
| Criminal is ecn | true | |
| Use safety feature | true | |
| Right shift from bar | 4 | Bar shift (0 = current bar) |
| Font size | 14 | |
| Font id | Arial | |
| Font color | DarkOrange | Colour on the chart |
| Horiz pos | 5 | |
| Vert pos | 5 | |
| Corner | 2 | |
| Period | 10 | Period or timeframe used by the calculation |
| Right shift | 4 | Bar shift (0 = current bar) |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Half length | 56 | |
| Price | PRICE_CLOSE | |
| Atr multiplier | 2.0 | How much the lot size grows after a loss |
| Atr period | 100 | Period or timeframe used by the calculation |
| Interpolate | true | |
| Trend threshold | 0.5 | |
| Normalize | true | |
| Show divergence arrows | false | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts on high low | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Eint period | 56 | Period or timeframe used by the calculation |
| Edbl high1 | 0.5 | |
| Edbl low1 | -0.5 | |
| Atr period | 100 | Period or timeframe used by the calculation |
| Font color | White | Colour on the chart |
| H pos | 1 | |
| V pos | 25 | |
| Font size | 14 | |
| Font size text | 11 |
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 · Trailing Stop & Break-even · Moving Average · Bollinger Bands · ATR · MT4 Indicator · MQL4 Source Code