GEPARD8 EDU
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called GEPARD8 EDU. It works with a grid of orders, places pending orders and moves the stop behind price. It has 40 settings, for example s Name EA (default _______ GEPARD 8 ______), s Copyright (default Copyright © 2008-2013, F) and s Contact (default e-mail: forex.ex4@gmail.). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 GEPARD8 EDU
GEPARD8 EDU is an expert advisor (trading robot) for MetaTrader 4. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as S name ea, S copyright and S contact. MQL source code included.
It also can size trades from your balance and risk percent, is built for short scalping trades and looks for price differences (arbitrage).
Files in the download: GEPARD8_EDU.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 |
|---|---|---|
| S name ea | _______ GEPARD 8 _______ | |
| S copyright | Copyright © 2008-2013, Forex Team | |
| S contact | e-mail: forex.ex4@gmail.com | |
| S selling | http://plati.ru/asp/pay.asp?id_d=466922 | |
| S setting | ||
| S licensing | forex.ex4@gmail.com | |
| S descript10 | _______ 1. Trading Tools _______ | |
| S descript11 | 0 - not trade, 1 - trade (BUY&SELL), 2 - | |
| Count of cycles | 5 | |
| S use buy | ||
| S use sell | ||
| D use only plus swaps | 0 | |
| S use only plus swaps | ||
| D max spread for trade symbol | 100 | old 12 |
| S descript20 | _________ 2. General Settings _________ | |
| D risk | 0.005 | Risk per trade (percent of balance) |
| S risk | Risk per trade (percent of balance) | |
| Max orders count | 0 | Maximum number of open trades |
| D max symbol orders count | 0 | |
| S max symbol orders count | ||
| Max open val position | 7.0 | |
| Part of another orders in max ovp | 0.0 | |
| D use one way real orders b | 1 | |
| S use one way real orders b | ||
| D use one way real orders s | 1 | |
| S use one way real orders s | ||
| D min distance real orders b pr | 4.0 | Distance between orders |
| S min distance real orders b pr | Distance between orders | |
| D min distance real orders s pr | 4.0 | Distance between orders |
| S min distance real orders s pr | Distance between orders | |
| D close locked orders on average | 0 | |
| S close locked orders on average | ||
| D close locked min distance pr | 2.0 | Distance between orders |
| S descript30 | _______3. Generalized take profit, stop | |
| D fixed take profit | 0 | Take profit distance |
| S fixed take profit | Take profit distance | |
| D fixed stop loss | 0 | Stop loss distance |
| S fixed stop loss | Stop loss distance | |
| D time stop loss minutes | 0 | Stop loss distance |
| S time stop loss minutes | Stop loss distance |
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: Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Scalping · Arbitrage · MT4 Expert Advisor · MQL4 Source Code