Ilan Trio V1.2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Ilan Trio V1.2. The file name marks it as version 1.2. In the code it works with RSI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 15 settings, for example t1 (default Ilan_Hilo), Lot Exponent Hilo (default 1.59) and Lots Hilo (default 0.01). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 2 EA files 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 · v1.2 · Free
About Ilan Trio V1.2
Ilan Trio V1.2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 15 settings, such as T1, Lot exponent hilo and Lots hilo. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent.
Files in the download: !Åα«τΓ¿.é᪡«!.txt, Ilan-Trio V1.2.ex4, Ilan-Trio V1.2.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 |
|---|---|---|
| T1 | Ilan_Hilo | |
| Lot exponent hilo | 1.59 | . 0.1, : 0.15, 0.26, 0.43 ... |
| Lots hilo | 0.01 | 0.01 0.1 0.16 |
| Take profit hilo | 10.0 | Take profit distance |
| Max trades hilo | 10 | Maximum number of open trades |
| T2 | Ilan 1.5 | |
| Lot exponent 15 | 1.59 | How much the lot size grows after a loss |
| Lots 15 | 0.01 | |
| Take profit 15 | 10.0 | Take profit distance |
| Max trades 15 | 10 | Maximum number of open trades |
| T3 | Ilan 1.6 | |
| Lot exponent 16 | 1.59 | How much the lot size grows after a loss |
| Lots 16 | 0.01 | |
| Take profit 16 | 10.0 | Take profit distance |
| Max trades 16 | 10 | Maximum number of open trades |
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 · Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code