Forex Transporter 8
Forex Transporter 8 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses MACD, RSI and the Stochastic oscillator. It works with a grid of orders, places pending orders and can size trades from your risk. It has 5 settings, for example slip (default 3.0), Lots (default 0.1) and Take Profit (default 25.0). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 4 EA files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Transporter 8
Forex Transporter 8 is an expert advisor (trading robot) for MetaTrader 4 based on MACD, RSI and Stochastic. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 5 settings, such as Slip, Lots and Take profit. MQL source code included.
Files in the download: Forex Transporter\Description.txt, Forex Transporter\Forex transporter ECN.Stealth Installation Guide.pdf, Forex Transporter\Forex transporter Installation Guide v1.0.pdf, Forex Transporter\experts\Forex Transporter.ex4, Forex Transporter\experts\Forex Transporter.mq4, Forex Transporter\experts\Forex Transporter_ECN_Stealth.ex4, Forex Transporter\experts\Forex Transporter_ECN_Stealth.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 |
|---|---|---|
| Slip | 3.0 | |
| Lots | 0.1 | Trade size in lots |
| Take profit | 25.0 | Take profit distance |
| Pip step | 85.0 | Distance between orders |
| Magic number | 5469 | 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: Grid · Pending Orders · Risk & Lot Size · MACD · RSI · Stochastic · MT4 Expert Advisor · MQL4 Source Code