FX Primeval
FX Primeval — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It can hold buy and sell positions together, places pending orders and moves the stop behind price. It has 40 settings, for example Display Arrows (default true), Alert On (default false) and Email On (default false). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 16 indicator 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 Primeval
FX Primeval is an expert advisor (trading robot) for MetaTrader 4. It can hold buy and sell positions at the same time (hedging), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Display arrows, Alert on and Email on. MQL source code included.
It also trades only in the hours you set (time filter), can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: process_patch.mqh, EMA Crossover.mq4, Fibonacci Pivots.mq4, Five EMA CrossOver.mq4, Pivot Points Multitimeframe.mq4, RainbowMMA_01.mq4, RainbowMMA_02.mq4, RainbowMMA_03.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 |
|---|---|---|
| Display arrows | true | |
| Alert on | false | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| Faster ema | 1 | |
| Slower ema | 11 | |
| Midpivots | false | |
| Fhr | false | |
| Daily | true | |
| Weekly | true | |
| Monthly | true | |
| Period1 | PERIOD_D1 | Number of bars in the calculation |
| A | STRATEGY SELECTION | |
| Gbpusd hedging strategy | FALSE | |
| Eurchf grid strategy | FALSE | |
| B | TIME MANAGEMENT | |
| Use auto gmt offset | TRUE | |
| Manual gmt offset | 2 | |
| C | ORDER MANAGEMENT | |
| Money management | TRUE | |
| Lot size | 0.1 | Trade size in lots |
| Min lots | 0.01 | |
| Max lots | 100.0 | |
| Trade micro lots | TRUE | |
| D | RISK MANAGEMENT | |
| Risk level | 10 | Risk per trade (percent of balance) |
| E | SYSTEM PARAMETERS | |
| Nfa compliant | FALSE | |
| Enable trading | TRUE | |
| Gbpusd hedging close all | FALSE | |
| Slippage | 2.0 | Maximum slippage allowed when opening a trade |
| Max spread | 8.0 | Maximum spread allowed to trade |
| Margin cut off percent | 60 | |
| Send email | FALSE | Turn this alert on or off |
| Send trading statistics | FALSE | |
| Trading statistics hour | 15 | |
| Expert comment | Primeval-EA | Comment written on the orders |
| F | MANUAL TRADES | |
| Enable closing manual trades | FALSE | |
| Enable trailing stops | TRUE | Trailing stop distance or switch |
| Trailing stop start | 14 | Trailing stop distance or switch |
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: Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Scalping · MT4 Indicator · MQL4 Source Code