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FX Megadroid

FX Megadroid is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses RSI, moving averages and CCI. It can size trades from your risk. It has 20 settings, for example Version (default 1.11), 1 (default System Parameters) and Stealth (default TRUE). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 3 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 FX Megadroid

FX Megadroid is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Moving Average and CCI. It can size trades from your balance and risk percent. It has 20 settings, such as Version, 1 and Stealth. MQL source code included.

Files in the download: manual.txt, MegaDroid.dll, MegaDroid.ex4, MegaDroid_v121.ex4, MegaDroid~.mq4.

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

Settings

SettingDefaultWhat it does
Version1.11
1System Parameters
StealthTRUE
AggressiveTRUE
Gmt offset0.0
Auto gmt offsetTRUE
S1 reference77777773
S2 reference33333337
Receipt code
2Comment Position
Top padding1
Left padding30
3Strategy Parameters
Slippage3Maximum slippage allowed when opening a trade
Send emailsFALSETurn this alert on or off
4Order Management
Lot size0.1Trade size in lots
5Ratio Order Management
Risk level0.1Risk per trade (percent of balance)
Recovery modeTRUE

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: Risk & Lot Size · RSI · Moving Average · CCI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria