Forex Last Hope (V 4 1)
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Forex Last Hope (V 4 1). The file name marks it as version 4.1. In the code it works with ZigZag. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 6 settings, for example lots (default 0.01), Profit (default 3) and min range (default 170). 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 · v4 · Free
About Forex Last Hope (V 4 1)
Forex Last Hope (V 4 1) is an expert advisor (trading robot) for MetaTrader 4 based on ZigZag. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 6 settings, such as Lots, Profit and Min range. MQL source code included.
Files in the download: Forex_last_hope_(v_4_1).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 |
|---|---|---|
| Lots | 0.01 | Trade size in lots |
| Profit | 3 | |
| Min range | 170 | |
| Max drop | 3 | , ( ) |
| Closing on friday | false | |
| Magic | 874656 | 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: Pending Orders · Time Filter · Risk & Lot Size · ZigZag · MT4 Expert Advisor · MQL4 Source Code