Forex Nanning Bob Method Trading Strategy
Forex Nanning Bob Method Trading Strategy is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It raises the lot size after losses (martingale — high risk), can hold buy and sell positions together and places pending orders. It has 40 settings, for example Lot (default 0.01), Take Profit (default 0) and Stop Loss (default 0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 58 EA 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 Nanning Bob Method Trading Strategy
Forex Nanning Bob Method Trading Strategy is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), can hold buy and sell positions at the same time (hedging) and places pending buy/sell stop or limit orders. It has 40 settings, such as Lot, Take profit and Stop loss. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent.
Files in the download: ! h4 - stoch.tpl, #1 BUY 25 BB by Steve Hopwood.mq4, #1 SELL 25 BB by Steve Hopwood.mq4, #2 BUY 1MA 25 BB by Steve Hopwood.mq4, #2 SELL 1MA 25 BB by Steve Hopwood.mq4, #3 BUY BULGE BB by Steve Hopwood.mq4, #3 SELL BULGE BB by Steve Hopwood.mq4, #4 BUY 25 BB or 1x3 by Steve Hopwood.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 |
|---|---|---|
| Lot | 0.01 | 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 Buy | Comment written on the orders |
| Criminal is ecn | false | |
| Use safety feature | true | |
| Re entry line pips | 200 | |
| Re entry line colour | Turquoise | Colour on the chart |
| OWN | Copyright 2010 | |
| Magicnumber | --MAgic No-- | Magic number that tells this EA's orders apart |
| Lots | 0.01 | We start with this lots number |
| My money profit target | False | |
| My money profit target | 50 | |
| Multiply | 1.0 | How much the lot size grows after a loss |
| Max trades | 1 | Maximum number of orders to open |
| Pips | 0 | Distance in Pips from one order to another |
| Trailing stop | 0 | Pips to trail the StopLoss |
| Sq | --STOCH SETTING-- | |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slow period | 3 | Period or timeframe used by the calculation |
| Stoch tf | 30 | |
| H level | 90 | |
| L level | 10 | |
| Choose line mode | Choose 1=mode main, 2=mode signal | |
| Stochlinemode | 1 | |
| Choosee ma mode | Choose 1=mode SMA, 2=mode LWMA, 3=mode E | |
| Stoch m amode | 2 | |
| Choose price mode | Choose 0-High/Low, 1-Close/Close | |
| Price mode | 1 | 0-High/Low;1-Close/Close; |
| Exit with stoch | False | |
| MM | --MOney Management-- | (from order 2, not from first order |
| Mm swicth | if one the lots size will increase based | |
| Mm | 0 | if one the lots size will increase based on account size |
| Riskset | risk to calculate the lots size (only if | Risk per trade (percent of balance) |
| Risk | 1 | risk to calculate the lots size (only if mm is enabled) |
| Accounttypes | 0 if Normal Lots, 1 for mini lots, 2 for | |
| Account type | 1 | 0 if Normal Lots, 1 for mini lots, 2 for micro lots |
| So | --CUTLOSS SETTING-- |
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 · Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code