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Geneses EA

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Geneses EA. In the code it works with moving averages. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 27 settings, for example mm (default TRUE), risk (default 1) and default lot (default 0.01). 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 · v1.0 · Free

About Geneses EA

Geneses EA is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 27 settings, such as Mm, Risk and Default lot. MQL source code included.

It also can size trades from your balance and risk percent and looks for price differences (arbitrage).

Files in the download: Geneses EA.mq4.

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

Settings

SettingDefaultWhat it does
MmTRUE
Risk1Risk per trade (percent of balance)
Default lot0.01
Max spread30.0Maximum spread allowed to trade
Loto0.1
Lot m10.0
Stop loss20Stop loss distance
Take profit80Take profit distance
Minimum use stop level10.0
Volatility settings23
Use dynamic volatility limitTRUE
Volatility multiplier125.0How much the lot size grows after a loss
Volatility limit180.0
Use volatility percentageTRUE
Ecn modeTRUE
Trading settings0012
Max execution0
Max execution minutes5
Add price gap0.0
Trailing start1.0Trailing stop distance or switch
Commission0.0
Volatility percentage limit0.0
Use indicator set134
Use indicator switch3
Bb deviation1.5
Envelopes deviation0.07
Order expire seconds3600

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: Martingale · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Arbitrage · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria