Hydrus 1.1
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Hydrus 1.1. In the code it works with moving averages. It places pending orders, moves the stop behind price and can size trades from your risk. It has 18 settings, for example period (default 156), channel (default 170) and takeprofit1 (default 55). 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 Hydrus 1.1
Hydrus 1.1 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. 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 18 settings, such as Period, Channel and Takeprofit1. MQL source code included.
Files in the download: HYDRUS_1_1.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 |
|---|---|---|
| Period | 156 | Period or timeframe used by the calculation |
| Channel | 170 | |
| Takeprofit1 | 55 | Take profit distance |
| Takeprofit2 | 89 | Take profit distance |
| Takeprofit3 | 144 | Take profit distance |
| Takeprofit4 | 233 | Take profit distance |
| Takeprofit5 | 377 | Take profit distance |
| Period ma | 5 | Number of bars in the calculation |
| Trailing | 0 | Trailing stop distance or switch |
| Risk | 90 | Risk per trade (percent of balance) |
| _ | 5 | |
| Delta ema | 10 | |
| I | 0 | |
| Ii | 0 | |
| __ | 1 | |
| Lot | 1.0 | Trade size in lots |
| White color | Silver | Colour on the chart |
| Key | 0 |
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 · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code