Longterm A
From the Old Kings archive: Longterm A, an expert advisor (trading robot) for MetaTrader 4. In the code it works with moving averages. It moves the stop behind price and can size trades from your risk. It has 16 settings, for example MA1period (default 10), MA1mode (default 1) and MA2period (default 20). 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 Longterm A
Longterm A is an expert advisor (trading robot) for MetaTrader 4 based on 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 16 settings, such as Ma1period, Ma1mode and Ma2period. MQL source code included.
Files in the download: Longterm_a.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 |
|---|---|---|
| Ma1period | 10 | Period or timeframe used by the calculation |
| Ma1mode | 1 | |
| Ma2period | 20 | Period or timeframe used by the calculation |
| Ma2mode | 1 | |
| Ma3period | 50 | Period or timeframe used by the calculation |
| Ma3mode | 1 | |
| Ma4period | 200 | Period or timeframe used by the calculation |
| Ma4mode | 1 | |
| Close ma a | 2 | |
| Close ma b | 3 | |
| Lots if no mm | 0.1 | |
| Stoploss | 0 | Stop loss distance |
| Take profit | 0 | Take profit distance |
| Slip | 5 | |
| Mm mode | 0 | |
| Mm risk | 40 | Risk per trade (percent of balance) |
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: Trailing Stop & Break-even · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code