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Great Hope 2

Great Hope 2 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages, CCI, ATR and fractals. It moves the stop behind price. It has 9 settings, for example lots (default 0.1), sl (default 82) and magic (default 384756). 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 Great Hope 2

Great Hope 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, CCI, ATR and Fractals. It moves the stop loss behind price (trailing stop / break-even). It has 9 settings, such as Lots, Sl and Magic. MQL source code included.

Files in the download: Great hope 2.mq4.

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

Settings

SettingDefaultWhat it does
Lots0.1Trade size in lots
Sl82Stop loss distance
Magic384756Magic number that tells this EA's orders apart
Tral
Trailing stop0.20 - 1 . 0.25... 1
Trailing step0Trailing stop distance or switch
Utral10
Secure profit3--- (0 1 5)
Secure profit triger10--- (10 2 30)

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: Trailing Stop & Break-even · Moving Average · CCI · ATR · Fractals · Oscillator · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria