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Ilan Trend Racing 3.2ME

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Ilan Trend Racing 3.2ME. Its name points to following the trend. In the code it works with moving averages, CCI and ADX. It raises the lot size after losses (martingale — high risk), works with a grid of orders and can size trades from your risk. It has 40 settings, for example Set1 (default ===== =====), Lots (default 0.01) and Lot Exponent (default 1.4). 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 and 2 settings files (.set). 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 Ilan Trend Racing 3.2ME

Ilan Trend Racing 3.2ME is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, CCI and ADX. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and can size trades from your balance and risk percent. It has 40 settings, such as Set1, Lots and Lot exponent. MQL source code included.

Files in the download: Ilan_TrendRacing 3.2 ME.mq4, tr3.2_gbpusd_2000_4you_cent.set, tr3.2_gbpusd_2000_insta_cent.set.

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

Settings

SettingDefaultWhat it does
Set1===== =====
Lots0.01Trade size in lots
Lot exponent1.4How much the lot size grows after a loss
Take profit8.0Take profit distance
Slip5( ) ))
Max trades30( "0" )
Trade stop0.0, / (0.1 - 10% .. )
Magic number b777, ""
Magic number s555, ""
Set2===== =====
Set3
First pip step6.0Distance between orders
Long pip step100, , EconomProfil FirstEconomOrd
Pip step exponent1.8How much the lot size grows after a loss
Set4===== =====
InfoTrue
ZeroTrue
Bar controlTrue
DebugFalse
Econom profilFalse
First econom ord4, . , 4, 4, 5, 6 ... 1 .
OverlappingTrue
Leading order4.
Fl persent7
Ma set===== =====
Ma time frame00 ()- ; 1 - PERIOD_M1; 5 - PERIOD_M5; 15 - PERIOD_M15; 30 - PERIOD_M30;
Ma1 period7Period or timeframe used by the calculation
Ma1 shift0Bar shift (0 = current bar)
Ma2 period21Period or timeframe used by the calculation
Ma2 shift0Bar shift (0 = current bar)
Delta set===== =====
Comm1 , 0 - 5 4
Comm2
Del fx2" "
Comm3= =
Comm4 ===== 1 5 =====
Ma sf1"-"
Comm5== CCI ===
Cci kontrTrueCCI
Cci lim170.0CCI

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 · Martingale · Grid · Risk & Lot Size · Moving Average · CCI · ADX · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria