Kangaroo EAv4.0 Edu
Kangaroo EAv4.0 Edu is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses Parabolic SAR. It places pending orders, has a trading-hours filter and has a news filter. It has 40 settings, for example licenseinfo (default ___Enter your purchase i), Purchase Email and Plimus Reference Number. 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 Kangaroo EAv4.0 Edu
Kangaroo EAv4.0 Edu is an expert advisor (trading robot) for MetaTrader 4 based on Parabolic SAR. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and has a news filter. It has 40 settings, such as Licenseinfo, Purchase email and Plimus reference number. MQL source code included.
Files in the download: kangaroo-ea-v4_0.jpg, kangaroob.jpg, KangarooEAv4.0_edu.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 |
|---|---|---|
| Licenseinfo | ___Enter your purchase information below | |
| Purchase email | Turn this alert on or off | |
| Plimus reference number | ||
| Generalsettings | ___General Settings___ | |
| Ea comment | Kangaroo v4.0 | Comment written on the orders |
| Is broker ecn | TRUE | |
| Max orders | 6.0 | Maximum number of open trades |
| Stoploss | 60.0 | Stop loss distance |
| Money management | TRUE | |
| Riskinfo | ___Risk: 1=low, 5=high, 10=very high___ | Risk per trade (percent of balance) |
| Riskinfo2 | ___Note: Default Risk Setting = 3-5___ | Risk per trade (percent of balance) |
| Risk | 5 | Risk per trade (percent of balance) |
| Setlotsize | If MM=false, set fixed lotsize below | |
| Lotsize | 0.1 | Trade size in lots |
| Use max spread | FALSE | Maximum spread allowed to trade |
| Max spread | 5.0 | Maximum spread allowed to trade |
| Slippage | 0 | Maximum slippage allowed when opening a trade |
| Tradinghours | ___Trading Hours based on GMT___ | |
| Mondaystarthour | 10 | Hour when trading starts (server time) |
| Fridayendhour | 6 | Hour when trading stops (server time) |
| Magicnumber1 | 1001 | Magic number that tells this EA's orders apart |
| Magicnumber2 | 2002 | Magic number that tells this EA's orders apart |
| Magicnumber3 | 3003 | Magic number that tells this EA's orders apart |
| Magicnumber4 | 4004 | Magic number that tells this EA's orders apart |
| News settings | ___News Filter Settings___ | |
| Use news filter | TRUE | |
| Visual mode | TRUE | |
| Auto gmt offset | TRUE | |
| Manual gmt offset | 0.0 | |
| Mins before news | 30 | |
| Mins after news | 30 | |
| Speaks mins extension | 60 | |
| Holiday hours | 9 | |
| Custom event filter | TRUE | |
| Avoid high impact | TRUE | |
| Avoid medium impact | FALSE | |
| Avoid low impact | FALSE | |
| Avoid bank holidays | FALSE | |
| Pair related news | FALSE | |
| Usd news | FALSE |
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 · Time Filter · News Trading · Parabolic SAR · MT4 Expert Advisor · MQL4 Source Code