High Profit EA 3
High Profit EA 3 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages. It works with a grid of orders, places pending orders and moves the stop behind price. It has 40 settings, for example magic (default 1234), closeall (default FALSE) and closelosses (default FALSE). Watch it on a demo account for a while — robots can behave differently with each broker. 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 High Profit EA 3
High Profit EA 3 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Magic, Closeall and Closelosses. MQL source code included.
It also trades only in the hours you set (time filter) and can size trades from your balance and risk percent.
Files in the download: high profit EA.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 |
|---|---|---|
| Magic | 1234 | Magic number that tells this EA's orders apart |
| Closeall | FALSE | |
| Closelosses | FALSE | |
| Minlosses | 100.0 | |
| Moneymanagement | Money Management | |
| Lots | 0.1 | Trade size in lots |
| Mm | FALSE | |
| Risk | 1.0 | Risk per trade (percent of balance) |
| Minlot | 0.01 | |
| Maxlot | 100.0 | |
| Lotdigits | 2.0 | |
| Basketpercent | FALSE | |
| Profit | 10.0 | |
| Loss | 30.0 | |
| Ordersmanagement | Order Management | |
| Isbrokerecn | FALSE | |
| Timeout | FALSE | |
| Timeminutes | 60.0 | |
| Maxorders | 200.0 | Maximum number of open trades |
| Maxtradesperpair | FALSE | Maximum number of open trades |
| Maxtradespercent | 50.0 | Maximum number of open trades |
| Pipstep | 0.0 | Distance between orders |
| Hidesl | FALSE | |
| Hidetp | FALSE | |
| Lstoploss | 0.0 | Stop loss distance |
| Sstoploss | 0.0 | Stop loss distance |
| Dynamicsl | FALSE | |
| Atrperiod | 14 | Period or timeframe used by the calculation |
| Atrmultiple | 1.0 | How much the lot size grows after a loss |
| Atrtimeframe | 1440 | Period or timeframe used by the calculation |
| Atrshift | 1 | Bar shift (0 = current bar) |
| Ltakeprofit | 10.0 | Take profit distance |
| Stakeprofit | 10.0 | Take profit distance |
| Ltrailingstop | 20.0 | Trailing stop distance or switch |
| Strailingstop | 10.0 | Trailing stop distance or switch |
| Slippage | 1 | Maximum slippage allowed when opening a trade |
| Entrylogics | Entry Logics | |
| Closetimeframe | 5 | Period or timeframe used by the calculation |
| Closeshift | 0 | Bar shift (0 = current bar) |
| Matimeframe | 5 | Period or timeframe used by the calculation |
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: Grid · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code