Jhinga La La.mq4
Jhinga La La.mq4 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It can hold buy and sell positions together and places pending orders. It has 17 settings, for example TP Pts (default 77), SL Pts (default 49) and Candle Index P (default 2). 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 Jhinga La La.mq4
Jhinga La La.mq4 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It can hold buy and sell positions at the same time (hedging) and places pending buy/sell stop or limit orders. It has 17 settings, such as Tp pts, Sl pts and Candle index p. MQL source code included.
Files in the download: Jhinga la La.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 |
|---|---|---|
| Tp pts | 77 | |
| Sl pts | 49 | |
| Candle index p | 2 | |
| Plus h1 | 20 | |
| Candle index h1 1 | 0 | |
| Candle index h1 2 | 1 | |
| MA | 10 | |
| Candle index h1 3 | 0 | |
| Magic number | 111 | Magic number that tells this EA's orders apart |
| Tod from hour | 03 | time of the day (from hour) |
| Tod from min | 15 | time of the day (from min) |
| Tod to hour | 19 | time of the day (to hour) |
| Tod to min | 45 | time of the day (to min) |
| Trade size | 0.2 | |
| Max spread | 2 | Maximum spread allowed to trade |
| Max open trades | 1 | |
| Hedging | 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: Hedging · Pending Orders · Moving Average · MT4 Expert Advisor · MQL4 Source Code