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Insomia FX Demo

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Insomia FX Demo. It can hold buy and sell positions together. It has 4 settings, for example VAR Lot (default 40.00), VAR TP (default 1000.00) and VAR Double Hedge (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 · v1.0 · Free

About Insomia FX Demo

Insomia FX Demo is an expert advisor (trading robot) for MetaTrader 4. It can hold buy and sell positions at the same time (hedging). It has 4 settings, such as Var lot, Var tp and Var double hedge. MQL source code included.

Files in the download: InsomiaFX_Demo.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Var lot40.00AUDJPY LOTS TO START
Var tp1000.00TAKE PROFIT POINT INCL SWAP
Var double hedgetrueDoubleHedge = PAIRS 1 & 2 (NEG SWAP + NO MARGIN) OR PAIR 1 ONLY (POS SWAP + MARGIN)
Var dd limit100000 = OFF, SET TO 10.000 AND NO PAIR WILL BE CLOSED IF ONE IS NEGATIVE MORE THAN SET HERE

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Hedging · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria