Fxindicators 2
From the Old Kings archive: Fxindicators 2, an expert advisor (trading robot) for MetaTrader 4. In the code it works with moving averages. It places pending orders and can size trades from your risk. It has 10 settings, for example Digits2Round (default 2), Percent Of Free Depo (default 1) and Min Lot (default 0.10). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 7 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 Fxindicators 2
Fxindicators 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 10 settings, such as Digits2 round, Percent of free depo and Min lot. MQL source code included.
Files in the download: Equinox_CCI.ex4, Equinox_Ribbon.ex4, eWAVES.ex4, Expert610_eng.ex4, Expert610_eng.mq4, ExponentialMovingAveragesSignals.ex4, ExponentialMovingAveragesSignals.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 |
|---|---|---|
| Digits2 round | 2 | Floating point rounding |
| Percent of free depo | 1 | Risk Percent of depo |
| Min lot | 0.10 | minimal lot for trading, if calculated lot is less than minimal (it depends on the equity) |
| Magic number | 888 | This is magic number for the expert, |
| Threshold | 0.00050 | Threshold for the pending order sending |
| SL | 0.00050 | StopLoss |
| TP | 0.00100 | TakeProfit |
| P | 0.00020 | Breakout points |
| Faster ema | 5 | |
| Slower ema | 6 |
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 · Risk & Lot Size · Moving Average · MT4 Indicator · MQL4 Source Code