Gpf TC Pivot Stop
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Gpf TC Pivot Stop. Judging by its name, it is built around pivot points (daily or weekly support / resistance levels). It can size trades from your risk. It has 8 settings, for example Lots (default 0.1), Snd Ml (default true) and is Float Lots (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 Gpf TC Pivot Stop
Gpf TC Pivot Stop is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 8 settings, such as Lots, Snd ml and Is float lots. MQL source code included.
Files in the download: gpfTCPivotStop.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 | true | is cals lot size |
| Dc f | 3 | optimization factor |
| Max r | 0.02 | max risk |
| Tgt profit | 1 | if take profit = Support1 or Resist1 = TgtProfit= 1 |
| 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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code