Forex Hero EA
Forex Hero EA — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It raises the lot size after losses (martingale — high risk), places pending orders and has a trading-hours filter. It has 6 settings, for example info 1 (default Multiplier Settings ), MM Parameters (default Money Management ) and Lots (default 0.1). 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. 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 Hero EA
Forex Hero EA is an expert advisor (trading robot) for MetaTrader 4. 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 6 settings, such as Info 1, Mm parameters and Lots. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: ForexHeroEA.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 |
|---|---|---|
| Info 1 | Multiplier Settings | |
| Mm parameters | Money Management | |
| Lots | 0.1 | Trade size in lots |
| Money management | false | |
| Risk | 1 | Risk per trade (percent of balance) |
| Magic number | 2035 | Magic number that tells this EA's orders apart |
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 · MT4 Expert Advisor · MQL4 Source Code