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I Trend Ea 2

From the Old Kings archive: I Trend Ea 2, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is following the trend. In the code it works with a trend filter. It moves the stop behind price and can size trades from your risk. It has 11 settings, for example Magic Number (default 0), Signal Mail (default False) and Each Tick Mode (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 I Trend Ea 2

I Trend Ea 2 is an expert advisor (trading robot) for MetaTrader 4 based on Trend. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 11 settings, such as Magic number, Signal mail and Each tick mode. MQL source code included.

Files in the download: i_Trend ea.mq4.

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

Settings

SettingDefaultWhat it does
Magic number0Magic number that tells this EA's orders apart
Signal mailFalse
Each tick modeFalse
Lots1.0Trade size in lots
Slippage3Maximum slippage allowed when opening a trade
Use stop lossTrueStop loss distance
Stop loss30Stop loss distance
Use take profitTrueTake profit distance
Take profit30Take profit distance
Use trailing stopTrueTrailing stop distance or switch
Trailing stop30Trailing stop distance or switch

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: Trend · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria