Loading…

Forex Winner EA (FULL2019) 3

From the Old Kings archive: Forex Winner EA (FULL2019) 3, an expert advisor (trading robot) for MetaTrader 4. In the code it works with CCI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 24 settings, for example Stoploss (default 500), Trail Start (default 10) and Trail Stop (default 10). 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 Winner EA (FULL2019) 3

Forex Winner EA (FULL2019) 3 is an expert advisor (trading robot) for MetaTrader 4 based on CCI. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 24 settings, such as Stoploss, Trail start and Trail stop. MQL source code included.

It also moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent.

Files in the download: Forex WINNER EA (FULL2019) (1).mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Stoploss500StopLoss
Trail start10Trailing stop distance or switch
Trail stop10Trailing stop distance or switch
Lot exponent1.2651Lot Multiplyer e.g 0.1, series: 0.16, 0.26, 0.43 ...
Dynamic pipstrue
Default pips12
GlubinaGLUBINA = number of last bars to calcula
Glubina24number of last bars for calculation of volatility
DEL3
Slip3how much the price may differ if the DC prompts requotes (the last time a little change the price)
Lots0.01LOT SIZE
Equity per lot10EQUITY PER LOT
Lotdecimal2how many decimal places in the lot count 0 - normal items (1) 1 - mini lots (0.1), 2 - micro (0.01)
Take profit230.0Number of pips to close the trade
Rsi minimum30.0Lower Boundry RSI
Rsi maximum70.0Upper Boundry RSI
Magic number1111111magic number (Advisor uses this to distinguish trades)
Pip step0Distance between orders
Max trades17the maximum number of simultaneously opened orders
Use equity stopFALSE
Total equity risk20.0Risk per trade (percent of balance)
Use trailing stopFALSETrailing stop distance or switch
Use time outFALSEuse a timeout (to close the treade if they "hang" for too long)
Max trade open hours960.0timeout trade hours (how many hovering close the transaction)

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Martingale · Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · CCI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria