Indo Run 1.5 3
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Indo Run 1.5 3. In the code it works with RSI. It raises the lot size after losses (martingale — high risk), moves the stop behind price and has a trading-hours filter. It has 40 settings, for example Menu (default Indo Run Setup), EAName and Indo Run Label On (default true). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Indo Run 1.5 3
Indo Run 1.5 3 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It increases the lot size after a losing trade (martingale), moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Menu, Ea name and Indo run label on. MQL source code included.
It also can size trades from your balance and risk percent and has a news filter.
Files in the download: Indo Run 1.5.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 |
|---|---|---|
| Menu | Indo Run Setup | |
| Ea name | Comment for your orders, you might better leave it empty ;) | |
| Indo run label on | true | Switches Chart Label on/off |
| Magic number | Random Magic will overide manual set Mag | Magic number that tells this EA's orders apart |
| Magic | 128738 | Order Magic Number |
| Use random magic | false | Switches the Random Magic Number on/off |
| Random magic lower | 100000 | Sets the lower Magic Number boundry |
| Random magic upper | 200000 | Sets the upper Magic Number boundry |
| Day filter | Select the days for Indo Run to trade | |
| Monday | true | Selecting a day true/false will hold the EA off trading that day if no trades are open |
| Tuesday | true | Overides day filter if trades are open (Basket) |
| Wednesday | true | |
| Thursday | true | |
| Friday | true | |
| Saturday | true | |
| Sunday | true | |
| Trade month end | true | |
| Month end offset | 3 | Offset to define the last trading day of a month (31 - Offset) |
| Trade first day off month | true | |
| Day offset | 0 | Per default the Offset is 0 thus the 1st of a month is filtered |
| Gmt offset | 0 | |
| Trade nfp | true | Trade Day of Non Farm Employment |
| Trade monday after nfp | true | Trade Monday till US Session after Non Farm Employment / TradeNFP must be set to true |
| Trade adp | true | Trade Day of ADP Non Farm Employment |
| Hour filter | Select the Trading Hours or set to 24h | |
| Trading24h | true | |
| Hours from | 10 | Start Trading Hour Broker Time (Standad Settings GMT), the EA overides time if trades are open (Bask |
| Hours to | 6 | Stop Trading Hour Broker Time Standard Setting GMT), the EA overides time if trades are open (Basket |
| Session filter | Only in 24 Mode: Use both Session Filter | |
| Session filter1 | Filters per default London Session (GMT) | |
| Session filter1 | false | Session Filter Settings in GMT / Use only in combination with SessionFilter 2 |
| Sf1 hour on | 5 | |
| Sf1 minute on | 45 | |
| Sf1 hour off | 9 | |
| Sf1 minute off | 0 | |
| Session filter2 | Filters per default NY Session (GMT)! | |
| Session filter2 | false | Session Filter Settings in GMT / Use only in combination with SessionFilter 1 |
| Sf2 hour on | 11 | |
| Sf2 minute on | 45 | |
| Sf2 hour off | 17 |
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 · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · News Trading · RSI · MT4 Expert Advisor · MQL4 Source Code