Ilan Trio V1.47 4
From the Old Kings archive: Ilan Trio V1.47 4, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 1.47.4. In the code it works with MACD. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 19 settings, for example t1 (default ), Lots (default 0.01) and Lot Exponent (default 1.95). 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 · v1.47 · Free
About Ilan Trio V1.47 4
Ilan Trio V1.47 4 is an expert advisor (trading robot) for MetaTrader 4 based on MACD. 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 19 settings, such as T1, Lots and Lot exponent. 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: Ilan-Trio V1.47.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 | ||
| Lots | 0.01 | 0.01 0.1 0.16 |
| Lot exponent | 1.95 | . 0.1, : 0.15, 0.26, 0.43 ... |
| Lotdecimal | 2 | 2 - 0.01, 1 - 0.1, 0 - 1.0 |
| Pip step | 30.0 | Distance between orders |
| Turbo | true | - :) |
| New cycle | true | |
| Period rsi | 2 | 1=M1, 2=M5, 3=M15, 4=M30, 5=H1, 6=H4, 7=D1, 8=W1, 9=MN1, 0= |
| MM | FALSE | - |
| Take profit | 20.0 | Take profit distance |
| T3 | Ilan_Hilo | |
| Max trades hilo | 10 | Maximum number of open trades |
| Magic number hilo | 11111 | Magic number that tells this EA's orders apart |
| T4 | Ilan 1.5 | |
| Max trades 15 | 10 | Maximum number of open trades |
| G magic 176 15 | 12324 | Magic number that tells this EA's orders apart |
| T5 | Ilan 1.6 | |
| Max trades 16 | 10 | Maximum number of open trades |
| G magic 176 16 | 16794 | Magic number that tells this EA's orders apart |
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 · MACD · MT4 Expert Advisor · MQL4 Source Code