Ilan1 1 .6 Dynamic E Trall1
Ilan1 1 .6 Dynamic E Trall1 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses RSI and CCI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 26 settings, for example First Order (default true), Lot Exponent (default 1.4) and Dynamic Pips (default true). 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 · v1.0 · Free
About Ilan1 1 .6 Dynamic E Trall1
Ilan1 1 .6 Dynamic E Trall1 is an expert advisor (trading robot) for MetaTrader 4 based on RSI and CCI. 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 26 settings, such as First order, Lot exponent and Dynamic pips. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even).
Files in the download: Ilan1[1].6Dynamic_e-Trall1.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 |
|---|---|---|
| First order | true | false |
| Lot exponent | 1.4 | . : 0.1, : 0.16, 0.26, 0.43 ... |
| Dynamic pips | true | |
| Default pips | 12 | |
| Glubina | 24 | |
| DEL | 3 | |
| Slip | 3.0 | ( ) |
| Lots | 0.1 | Trade size in lots |
| Lotdecimal | 1 | 0 - (1), 1 - (0.1), 2 - (0.01) |
| Take profit | 17.0 | Take profit distance |
| Drop | 500 | |
| Rsi minimum | 30.0 | RSI |
| Rsi maximum | 70.0 | RSI |
| Magic number | 2222 | ( ) |
| Max trades | 10 | Maximum number of open trades |
| Use equity stop | FALSE | |
| Total equity risk | 20.0 | Risk per trade (percent of balance) |
| Use trailing stop | FALSE | Trailing stop distance or switch |
| E trall | True | e-Trailing |
| Profit trailing | True | Trailing stop distance or switch |
| Trailing stop | 14 | Trailing stop distance or switch |
| Trailing step | 2 | Trailing stop distance or switch |
| Use sound | True | Turn this alert on or off |
| Name file sound | expert.wav | Turn this alert on or off |
| Use time out | FALSE | ( "" ) |
| Max trade open hours | 48.0 | ( ) |
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 · RSI · CCI · MT4 Expert Advisor · MQL4 Source Code