Gulzaar Robot A
From the Old Kings archive: Gulzaar Robot A, an expert advisor (trading robot) for MetaTrader 4. In the code it works with RSI, moving averages and MACD. It can size trades from your risk. It has 3 settings, for example Lot Size (default 0.1, MACDone=8, MACDtwo=), Stop Loss (default 50) and EMAdistance (default 15). 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 Gulzaar Robot A
Gulzaar Robot A is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Moving Average and MACD. It can size trades from your balance and risk percent. It has 3 settings, such as Lot size, Stop loss and Em adistance. MQL source code included.
Files in the download: Gulzaar Robot A.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 |
|---|---|---|
| Lot size | 0.1, MACDone=8, MACDtwo=21, MACDSignal=5 | Trade size in lots |
| Stop loss | 50 | Stop loss distance |
| Em adistance | 15 | Distance between orders |
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: Risk & Lot Size · RSI · Moving Average · MACD · MT4 Expert Advisor · MQL4 Source Code