Gpf TC Pivot Limit
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Gpf TC Pivot Limit. Judging by its name, it is built around pivot points (daily or weekly support / resistance levels). It moves the stop behind price and can size trades from your risk. It has 9 settings, for example Lots (default 0.1), Snd Ml (default true) and is Float Lots (default false). 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 Gpf TC Pivot Limit
Gpf TC Pivot Limit is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 9 settings, such as Lots, Snd ml and Is float lots. MQL source code included.
Files in the download: gpfTCPivotLimit.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 | lot size |
| Snd ml | true | is send e-mail message? |
| Is float lots | false | is cals lot size |
| Dc f | 3 | optimization factor |
| Max r | 0.02 | max risk |
| Tgt profit | 1 | |
| Trailing | 30 | Trailing stop distance or switch |
| Is trade day | False | is trade intraday or extraday? |
| Is trace | False | is tracer on? |
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: Pivot Points · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code