GENIUSv101 Ecn 6
GENIUSv101 Ecn 6 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses Bollinger Bands. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 20 settings, for example Order Options (default -------- Orders option), Lots (default 0) and Lots Percent (default 30). Watch it on a demo account for a while — robots can behave differently with each broker. 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 GENIUSv101 Ecn 6
GENIUSv101 Ecn 6 is an expert advisor (trading robot) for MetaTrader 4 based on Bollinger Bands. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 20 settings, such as Order options, Lots and Lots percent. MQL source code included.
It also can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: GENIUSv101-ecn (1).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 |
|---|---|---|
| Order options | -------- Orders options -------- | |
| Lots | 0 | Trade size in lots |
| Lots percent | 30 | |
| Use autosettings | true | |
| Take profit | 30 | Take profit distance |
| Try take profit | true | Take profit distance |
| Stop loss | 35 | Stop loss distance |
| Check freez level | true | |
| Safe spread | 3.0 | Maximum spread allowed to trade |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Magic number | 887 | Magic number that tells this EA's orders apart |
| Time options | -------- Time options -------- | |
| Each day hour settings | false | |
| Trade time choise | 1 | |
| Trade day of week | 0 | |
| Open hour1 | 21 | |
| Close hour1 | 4 | |
| Open hour2 | 22 | |
| Close hour2 | 24 | |
| Gm toffset | 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: Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Scalping · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code