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Hans123 Trader V6

From the Old Kings archive: Hans123 Trader V6, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 6. In the code it works with ATR. It places pending orders, moves the stop behind price and can size trades from your risk. It has 15 settings, for example Begin Session1 (default 7), End Session1 (default 11) and Begin Session2 (default 11). 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 · v6 · Free

About Hans123 Trader V6

Hans123 Trader V6 is an expert advisor (trading robot) for MetaTrader 4 based on ATR. 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 15 settings, such as Begin session1, End session1 and Begin session2. MQL source code included.

It also works on several symbols at once.

Files in the download: Hans123Trader_v6.mq4.

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

Settings

SettingDefaultWhat it does
Begin session17Hour when trading starts (server time)
End session111
Begin session211Hour when trading starts (server time)
End session215
Spread7Maximum spread allowed to trade
Lots10Trade size in lots
Pips for entry5
Cls onl unpr tx11 = yes / 0 = no
At market if pending impossible11= yes / 0 = no
Protect your investments11 = yes / 0 = no
Type ts calc11 - classic / 2 - ATR / 3 - HalfVotality
Factor ts calculation0.5
Trailing stop40Trailing stop distance or switch
Take profit120Take profit distance
Initial stop loss50Stop loss distance

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 · Multi-Currency · ATR · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria