Genius Pips01
Genius Pips01 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses ZigZag. It moves the stop behind price and has a trading-hours filter. It has 24 settings, for example Lots (default 0.1), Stop Loss (default 100) and Take Profit (default 100). 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 Genius Pips01
Genius Pips01 is an expert advisor (trading robot) for MetaTrader 4 based on ZigZag. It moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 24 settings, such as Lots, Stop loss and Take profit. MQL source code included.
Files in the download: GeniusPips01.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 |
|---|---|---|
| Lots | 0.1 | Trade size in lots |
| Stop loss | 100 | Stop loss distance |
| Take profit | 100 | Take profit distance |
| Trailing stop | 0 | Trailing stop distance or switch |
| Risk | 1 | Risk per trade (percent of balance) |
| Del | 10 | |
| Test | 0 | |
| Per | 21 | |
| Dst | 100 | |
| Kh | 5 | |
| Depth | 20 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
| Z period | 300 | Period or timeframe used by the calculation |
| T3 period | 8 | Period or timeframe used by the calculation |
| Bw | 0.7 | |
| Psel | -15 | |
| Pbuy | -85 | |
| Kst | 2 | |
| Ks | 0.68 | |
| M bar | 100 | |
| Shag | 15 | |
| Hsum | 50 | |
| Ipred | 30 |
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: Trailing Stop & Break-even · Time Filter · ZigZag · MT4 Expert Advisor · MQL4 Source Code