Forex Rising
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Forex Rising. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 14 settings, for example Expert Name (default ForexRisingEA), Broker type (default 1.0) and Lot type (default 10.0). 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 Rising
Forex Rising is an expert advisor (trading robot) for MetaTrader 4. It 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. It has 14 settings, such as Expert name, Broker type and Lot type. MQL source code included.
Files in the download: ForexRising.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 |
|---|---|---|
| Expert name | ForexRisingEA | |
| Broker type | 1.0 | |
| Lot type | 10.0 | |
| GMT | 2.0 | |
| Max lots | 5.0 | |
| Risk percentage | 15.0 | Risk per trade (percent of balance) |
| Take profit | 10.0 | Take profit distance |
| Stop loss | 40.0 | Stop loss distance |
| Trailing tp | 3.0 | Trailing stop distance or switch |
| Advanced close | 5.0 | |
| Max spread | 3.0 | Maximum spread allowed to trade |
| Max open orders | 3.0 | |
| Candles | 3.0 | |
| Magic number | 200423 | 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: Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code