Ilan Trio V1.45.4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Ilan Trio V1.45.4. The file name marks it as version 1.45.4. In the code it works with RSI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and moves the stop behind price. It has 26 settings, for example t0 (default ), Use Ilan Hilo (default TRUE) and Use Ilan 15 (default TRUE). 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 · v1.45.4 · Free
About Ilan Trio V1.45.4
Ilan Trio V1.45.4 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 moves the stop loss behind price (trailing stop / break-even). It has 26 settings, such as T0, Use ilan hilo and Use ilan 15. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Ilan-Trio V1.45.4.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 |
|---|---|---|
| T0 | ||
| Use ilan hilo | TRUE | |
| Use ilan 15 | TRUE | |
| Use ilan 16 | TRUE | |
| T1 | MagicNumber | |
| Magic ilan hilo | 11000 | Magic number that tells this EA's orders apart |
| Magic ilan 15 | 12000 | Magic number that tells this EA's orders apart |
| Magic ilan 16 | 13000 | Magic number that tells this EA's orders apart |
| T2 | ||
| Min margin level | 200 | |
| Lots | 0.01 | 0.01 0.1 0.16 |
| Lot exponent | 1.55 | . 0.1, : 0.15, 0.26, 0.43 ... |
| Lotdecimal | 2 | 2 - 0.01, 1 - 0.1, 0 - 1.0 |
| Pip step | 30.0 | - 30 |
| Money management | FALSE | |
| Take profit | 10.0 | Take profit distance |
| Use trailing stop | FALSE | Trailing stop distance or switch |
| Trail start | 13.0 | Trailing stop distance or switch |
| Trail stop | 3.0 | Trailing stop distance or switch |
| Slip | 5.0 | |
| T3 | Ilan_Hilo | |
| Max trades hilo | 10 | Maximum number of open trades |
| T4 | Ilan 1.5 | |
| Max trades 15 | 10 | Maximum number of open trades |
| T5 | Ilan 1.6 | |
| 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 · Trailing Stop & Break-even · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code