Jfk
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Jfk. In the code it works with moving averages. It places pending orders and moves the stop behind price. It has 13 settings, for example Magic Number (default 0), Each Tick Mode (default True) and Lots (default 0.1). 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 Jfk
Jfk is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 13 settings, such as Magic number, Each tick mode and Lots. MQL source code included.
Files in the download: jfk.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 |
|---|---|---|
| Magic number | 0 | Magic number that tells this EA's orders apart |
| Each tick mode | True | |
| Lots | 0.1 | Trade size in lots |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Stop loss mode | True | Stop loss distance |
| Stop loss | 30 | Stop loss distance |
| Take profit mode | True | Take profit distance |
| Take profit | 100 | Take profit distance |
| Trailing stop mode | True | Trailing stop distance or switch |
| Trailing stop | 30 | Trailing stop distance or switch |
| Pips for entry | 10 | |
| Short | True | |
| Long | True |
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: Pending Orders · Trailing Stop & Break-even · Moving Average · MT4 Expert Advisor · MQL4 Source Code