Generic A TLP V.9.02 2 3
Generic A TLP V.9.02 2 3 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 9.02.2. Its source code uses moving averages. It can size trades from your risk. It has 40 settings, for example Magic Number (default 11052016), Comm (default Generic A-TLP v9.0) and Max Spread (default 3). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 · v9.02 · Free
About Generic A TLP V.9.02 2 3
Generic A TLP V.9.02 2 3 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It can size trades from your balance and risk percent. It has 40 settings, such as Magic number, Comm and Max spread. MQL source code included.
Files in the download: Generic A-TLP v.9.02.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 |
|---|---|---|
| Magic number | 11052016 | Magic number that tells this EA's orders apart |
| Comm | Generic A-TLP v9.0 | |
| Max spread | 3 | Maximum spread allowed to trade |
| Slipage | 1 | |
| Stop loss | 38 | Stop loss distance |
| Take profit | 35 | Take profit distance |
| Use dyn tp | false | TP |
| Tp perc | 80 | %% TP |
| Min tp | 10 | |
| Use be | false | |
| X | 7 | |
| Y | 1 | Y |
| Channel period | 13 | Period or timeframe used by the calculation |
| Entry break | 1 | |
| Exit distance | -13 | Distance between orders |
| Max daily range | 1000 | |
| Lots | 0.1 | Trade size in lots |
| Auto risk | 0.0 | Risk per trade (percent of balance) |
| Min volatility | 20 | |
| Exit profit pips | -12 | |
| Reverse profit | 20 | |
| Exit minutes | 140 | |
| Time profit pips | 0 | |
| Filter 1 | 1 | 1 ( ) |
| Filter 2 | 1 | 2 ( ) |
| Filter 3 | 1 | 3 ( ) |
| Col info | C'176,162,168' | |
| S1 | DayOfWeek Filter | |
| Monday | 1 | ? |
| Monday open | 00:00 | |
| Monday pause start | 01:00 | |
| Monday pause stop | 22:00 | |
| Monday close | 23:59 | |
| Tuesday | 1 | ? |
| Tuesday open | 00:00 | |
| Tuesday pause start | 01:00 | |
| Tuesday pause stop | 22:00 | |
| Tuesday close | 23:59 | |
| Wednesday | 1 | ? |
| Wednesday open | 00:00 |
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: Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code