FX Pro Trade R40 V2
From the Old Kings archive: FX Pro Trade R40 V2, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 2. In the code it works with MACD and moving averages. It raises the lot size after losses (martingale — high risk), moves the stop behind price and has a trading-hours filter. It has 15 settings, for example EA (default .:: FXProTradeR40_v2 ::.), license number (default 0.0) and Account Type Info (default 0=Normal(1 Lot Or 0.1 Lo). 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 · v2 · Free
About FX Pro Trade R40 V2
FX Pro Trade R40 V2 is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Moving Average. It increases the lot size after a losing trade (martingale), moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 15 settings, such as EA, License number and Account type info. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: FXProTradeR40_v2.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 |
|---|---|---|
| EA | .:: FXProTradeR40_v2 ::. | |
| License number | 0.0 | |
| Account type info | 0=Normal(1 Lot Or 0.1 Lot), 1=Micro(0.01 | |
| Account type | 0 | |
| Lots | 0.01 | Trade size in lots |
| Stop loss | 0.0 | Stop loss distance |
| Trailing stop | 15.0 | Trailing stop distance or switch |
| Max trades | 4.0 | Maximum number of open trades |
| Max of lots | 0.8 | |
| Multiplier | 2.0 | How much the lot size grows after a loss |
| Risk | 1 | Risk per trade (percent of balance) |
| Money management | FALSE | |
| Trading time | FALSE | |
| Stop trade | 22 | |
| Start trade | 0 |
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: Martingale · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MACD · Moving Average · MT4 Expert Advisor · MQL4 Source Code