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Ju MA

From the Old Kings archive: Ju MA, an expert advisor (trading robot) for MetaTrader 4. Its name points to moving averages. In the code it works with the Stochastic oscillator and moving averages. It moves the stop behind price and can size trades from your risk. It has 14 settings, for example Take Profit (default 400), Stop Loss (default 150) and Trailing Stop (default 50). 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 Ju MA

Ju MA is an expert advisor (trading robot) for MetaTrader 4 based on Stochastic and Moving Average. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 14 settings, such as Take profit, Stop loss and Trailing stop. MQL source code included.

Files in the download: JuMA.mq4.

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

Settings

SettingDefaultWhat it does
Take profit400Take profit distance
Stop loss150Stop loss distance
Trailing stop50Trailing stop distance or switch
Trailing step180Trailing stop distance or switch
Anti step40Distance between orders
Anti stop30
Take profit2100Take profit distance
Stop loss250Stop loss distance
Trailing stop250Trailing stop distance or switch
Trailing step2180Trailing stop distance or switch
Period watr10Number of bars in the calculation
Kwatr1.0000
High low0
Number of bars to calculate500

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: Moving Average · Trailing Stop & Break-even · Risk & Lot Size · Stochastic · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria