Hilobar 2.01 2
From the Old Kings archive: Hilobar 2.01 2, an expert advisor (trading robot) for MetaTrader 4. It raises the lot size after losses (martingale — high risk). It has 5 settings, for example Ecn Broker (default false), TP (default 20) and SL (default 20). 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 Hilobar 2.01 2
Hilobar 2.01 2 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale). It has 5 settings, such as Ecn broker, TP and SL. MQL source code included.
Files in the download: hilobar_2.01.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 |
|---|---|---|
| Ecn broker | false | |
| TP | 20 | Take profit distance |
| SL | 20 | Stop loss distance |
| Pips add | 5 | |
| Lot | 0.1 | 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: Martingale · MT4 Expert Advisor · MQL4 Source Code