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Greenbuxprofit Average 1

Greenbuxprofit Average 1 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses ZigZag. It places pending orders, moves the stop behind price and can size trades from your risk. It has 39 settings, for example Time Frame (default H1), Use Trade Time (default FALSE) and Time Start (default 07:00). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Greenbuxprofit Average 1

Greenbuxprofit Average 1 is an expert advisor (trading robot) for MetaTrader 4 based on ZigZag. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 39 settings, such as Time frame, Use trade time and Time start. MQL source code included.

It also has a news filter.

Files in the download: Greenbuxprofit Average 1~.mq4.

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

Settings

SettingDefaultWhat it does
Time frameH1Period or timeframe used by the calculation
Use trade timeFALSE
Time start07:00
Time stop21:00
Str1----- ZigZag -----
Depth12
Deviation5
Backstep3Distance between orders
Str2----- -----
Dist10
Stop loss50Stop loss distance
Take profit50Take profit distance
Life time first3
Lot variant1
Lot fix0.1
Balance start1000.0
Balance step100.0Distance between orders
Lot start0.1
Lot step0.01Distance between orders
Str3----- -----
Use seriesTRUE
Orders max7
Lot k2.0
Life time series7
Use series bezubytokTRUE
Use series trailing stopTRUETrailing stop distance or switch
Str4--------------
Str5----- -----
Profit size20
Bezubytok size1
Str6----- -----
Trailing stop20Trailing stop distance or switch
Trailing step1Trailing stop distance or switch
Str7--------------
Ommentomment
SoundTRUETurn this alert on or off
Sound namenews.wavTurn this alert on or off
Slippage3Maximum slippage allowed when opening a trade
Magic number777Magic number that tells this EA's orders apart

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: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · News Trading · ZigZag · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria