Forex MD2
Forex MD2 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses RSI, moving averages and CCI. It can size trades from your risk. It has 22 settings, for example Version (default 1.00), 1 (default System Parameters) and Stealth (default TRUE). 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 MD2
Forex MD2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Moving Average and CCI. It can size trades from your balance and risk percent. It has 22 settings, such as Version, 1 and Stealth. MQL source code included.
Files in the download: MD_EURUSD.mq4, MegaDroid.dll, READMY.LOG.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Version | 1.00 | |
| 1 | System Parameters | |
| Stealth | TRUE | |
| Agressive | TRUE | |
| Gmt offset | 0.0 | |
| Auto gmt offset | TRUE | |
| S1 reference | 337733 | |
| S2 reference | 773377 | |
| Receipt code | ||
| 2 | Strategy Parameters | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Send emails | FALSE | Turn this alert on or off |
| 3 | Order Management | |
| Lot size | 0.1 | Trade size in lots |
| 4 | Ratio Order Management | |
| Risk level | 0.0 | Risk per trade (percent of balance) |
| Recovery mode | TRUE | |
| 5 | Fixed Ratio Order Management | |
| Use fixed ratio | FALSE | |
| Base deposit | 1000.0 | |
| Step ratio | 0.2 | Distance between orders |
| Reduce lots | 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: Risk & Lot Size · RSI · Moving Average · CCI · MT4 Expert Advisor · MQL4 Source Code