Hans123MV22
Hans123MV22 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 12 settings, for example Start1 (default 10), Start2 (default 14) and EOD (default 24). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Hans123MV22
Hans123MV22 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 12 settings, such as Start1, Start2 and EOD. MQL source code included.
Files in the download: Hans123MV22.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 |
|---|---|---|
| Start1 | 10 | begin of the first session; time adjust by your broker time |
| Start2 | 14 | begin of the second session |
| EOD | 24 | time for closing orders at end of day |
| Friday closing | 23 | broker friday closing time |
| First session only | 0 | if it equals 1, it trades the first range only (for testing) |
| Length | 4 | length of range for determining high/low |
| Pips | 5 | trigger above/bellow range |
| Stop loss | 50 | Stop loss distance |
| Break even | 30 | Move the stop to break-even |
| Trailing stop | 0 | if equals 0, it uses breakeven |
| Take profit | 80 | Take profit distance |
| Lots | 1 | Trade size in lots |
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: Pending Orders · Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code