Kung Fu Pips EA V1 02
From the Old Kings archive: Kung Fu Pips EA V1 02, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 1.02. In the code it works with Bollinger Bands. It has 12 settings, for example Bolinger Bands Parameters, BBPeriod (default 20) and BBDev (default 2). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 indicator files 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 · Free
About Kung Fu Pips EA V1 02
Kung Fu Pips EA V1 02 is an expert advisor (trading robot) for MetaTrader 4 based on Bollinger Bands. It has 12 settings, such as Bolinger bands parameters, Bb period and Bb dev. MQL source code included.
Files in the download: KFPips.dll, KungFuPips.mq4, KungFuPipsEA_v1_02.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 |
|---|---|---|
| Bolinger bands parameters | ||
| Bb period | 20 | Period or timeframe used by the calculation |
| Bb dev | 2 | |
| Gi 120 | 0 | |
| _________________________ | ||
| Arrow offset | 2 | |
| Alert | false | Turn this alert on or off |
| __________________________ | EA Settings | |
| Magic number | 20130427 | Magic number that tells this EA's orders apart |
| Pos lot | 0.2 | |
| Max positions | 6 | ... . |
| Max try | 2 | ... |
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: Bollinger Bands · MT4 Indicator · MQL4 Source Code