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Happy Doji Lucky Hammer 2

From the Old Kings archive: Happy Doji Lucky Hammer 2, an expert advisor (trading robot) for MetaTrader 4. Its name points to candlestick patterns. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 12 settings, for example Take Profit (default 50), Stop Loss (default 25) and Bars TP (default 34). 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 Happy Doji Lucky Hammer 2

Happy Doji Lucky Hammer 2 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 Take profit, Stop loss and Bars tp. MQL source code included.

It also can size trades from your balance and risk percent and works on several symbols at once.

Files in the download: Happy_Doji_Lucky_Hammer.mq4.

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

Settings

SettingDefaultWhat it does
Take profit50Take profit distance
Stop loss25Stop loss distance
Bars tp34
Bars sl13
Bars tsl6
Trailing periodPERIOD_M15Trailing stop distance or switch
Bar shift0Bar shift (0 = current bar)
Delete minutes60
Slippage0Maximum slippage allowed when opening a trade
Lots0.1Trade size in lots
Maximum risk0.02Risk per trade (percent of balance)
Decrease factor3

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: Candlestick Patterns · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria