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German

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called German. It can size trades from your risk. It has 28 settings, for example lots (default 1), _____ (default AAA-) and AAA (default true). 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 German

German is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 28 settings, such as Lots, _____ and AAA. MQL source code included.

Files in the download: German.mq4.

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

Settings

SettingDefaultWhat it does
Lots1Trade size in lots
_____AAA-
AAAtrue
Magic aaa555Magic number that tells this EA's orders apart
X1135
X26
X3156
X4130
Sl73Stop loss distance
Tp99Take profit distance
____BBB-
BBBtrue
Magic bbb777Magic number that tells this EA's orders apart
Z1136
Z2153
Z341
Z4192
Sl93
Tp100
_CCC-
CCCtrue
Magic ccc999Magic number that tells this EA's orders apart
Y1191
Y221
Y34
Y4186
Sl90
Tp97

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: Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria