FX Analyser V6
FX Analyser V6 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 6. Its source code uses ADX. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 9 settings, for example Lots (default 0), Stop Loss (default 30) and Take Profit (default 200). Watch it on a demo account for a while — robots can behave differently with each broker. 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 · v6 · Free
About FX Analyser V6
FX Analyser V6 is an expert advisor (trading robot) for MetaTrader 4 based on ADX. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 9 settings, such as Lots, Stop loss and Take profit. MQL source code included.
It also can size trades from your balance and risk percent and works on several symbols at once.
Files in the download: FXAnalyser_v6.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 |
|---|---|---|
| Lots | 0 | Trade size in lots |
| Stop loss | 30 | Stop loss distance |
| Take profit | 200 | Take profit distance |
| Trailing stop | 30 | Trailing stop distance or switch |
| Pips goal | 200 | |
| Pips loss | 40 | |
| Time frame | 5 | Period or timeframe used by the calculation |
| Risk level | 0.004 | Risk per trade (percent of balance) |
| Use sound | True | Turn this alert on or off |
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: Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Multi-Currency · ADX · MT4 Expert Advisor · MQL4 Source Code