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MA Reverse EA

From the Old Kings archive: MA Reverse EA, an expert advisor (trading robot) for MetaTrader 4. Its name points to moving averages. In the code it works with moving averages. It can size trades from your risk. It has 11 settings, for example Lots (default 0.1), Risk Management (default false) and Risk Percent (default 10). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 4 EA files with source code (.mq4) you can open and edit in MetaEditor and 1 settings file (.set). 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 MA Reverse EA

MA Reverse EA is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It can size trades from your balance and risk percent. It has 11 settings, such as Lots, Risk management and Risk percent. MQL source code included.

Files in the download: MA Reverse (Modified) v1.2.mq4, MA Reverse (Modified).mq4, MA Reverse Modified v1.3.mq4, StrategyTester MA Reverse (Modified) EU H1.gif, Thumbs.db, reverse (modified) eu h1.set, MA Reverse.mq4.

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

Settings

SettingDefaultWhat it does
Lots0.1lots
Risk managementfalsemoney management
Risk percent10risk in percentage
Take profit30Take profit distance
Stop loss30Stop loss distance
Ma period14Period or timeframe used by the calculation
Ma method0
Ma price0
Ma shift0Bar shift (0 = current bar)
Ma difference0.004
Count bar150

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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria