Forex Invest Bot Edu
Forex Invest Bot Edu — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It moves the stop behind price. It has 18 settings, for example Lot Size (default 0.1), Magic (default 740714) and FIFO (default FALSE). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Invest Bot Edu
Forex Invest Bot Edu is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 18 settings, such as Lot size, Magic and FIFO. MQL source code included.
Files in the download: ForexInvestBot_edu.mq4, forexinvestbot.dll, ReadMe.txt.
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 size | 0.1 | Trade size in lots |
| Magic | 740714 | Magic number that tells this EA's orders apart |
| FIFO | FALSE | |
| Close previous session orders | 2 | |
| Internal control | TRUE | |
| Manual trade control | FALSE | |
| Max trades per side allowed | 99 | Maximum number of open trades |
| Bot comment | Forex Invest Bot | Comment written on the orders |
| Fast volatility base | 5 | |
| Slow volatility base | 60 | |
| Volatility factor | 3.0 | |
| Support fast volatility base | 5 | |
| Suppor volatility factor | 2.0 | |
| Profit target | 0.2 | |
| Stop loss | 0.2 | Stop loss distance |
| Profit loss volatility base | 50 | |
| Smart entry | TRUE | |
| Re invest capital | FALSE |
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: Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code