Idea Pro Gold
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Idea Pro Gold. Its name points to gold (XAUUSD). It places pending orders, moves the stop behind price and can size trades from your risk. It has 13 settings, for example Magic (default 8888), Max Spread (default 15) and Enter Point (default 20). 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 Idea Pro Gold
Idea Pro Gold 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 can size trades from your balance and risk percent. It has 13 settings, such as Magic, Max spread and Enter point. MQL source code included.
Files in the download: Idea Pro Gold.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 | 8888 | Magic number |
| Max spread | 15 | Max Spread |
| Enter point | 20 | Entry Point |
| Take profit | 90 | Take Profit Point |
| Stop loss | 30 | Stoploss Point |
| Volatility size | 100 | Volatility |
| Trail my orders | true | Trailing Stop |
| Trailing stop | 20 | Trailing distance |
| Money managment | true | Set Risk Percent |
| Risk | 2 | Risk Percent |
| Max order | 15 | Max Orders |
| Slippage | 5 | Slippage |
| Time frame | PERIOD_M1 | TimeFrame |
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: Gold (XAUUSD) · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code