Ilan Turbo Beta V.4.5.1++Mear
Ilan Turbo Beta V.4.5.1++Mear is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 4.5.1. Its source code uses RSI. It raises the lot size after losses (martingale — high risk). It has 10 settings, for example Lot Exponent (default 1.59), Dynamic Pips (default True) and Default Pips (default 220). 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 1 settings file (.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 · v4.5.1 · Free
About Ilan Turbo Beta V.4.5.1++Mear
Ilan Turbo Beta V.4.5.1++Mear is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It increases the lot size after a losing trade (martingale). It has 10 settings, such as Lot exponent, Dynamic pips and Default pips. MQL source code included.
Files in the download: 121212.set, DetailedStatement.gif, ILAN TURBO BETA v.4.5.1 +Mear.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 |
|---|---|---|
| Lot exponent | 1.59 | How much the lot size grows after a loss |
| Dynamic pips | True | |
| Default pips | 220 | |
| Slip | 30 | |
| Lots | 0.01 | Trade size in lots |
| Take profit | 200 | Take profit distance |
| Rsi minimum | 20.0 | |
| Rsi maximum | 80.0 | |
| Magic number | 123 | Magic number that tells this EA's orders apart |
| Max trades | 12 | 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 · RSI · MT4 Expert Advisor · MQL4 Source Code