Macd Sample Hedging Grid Ea
Macd Sample Hedging Grid Ea is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its name points to MACD (moving average convergence / divergence), a grid of orders at fixed price steps and hedged buy / sell positions. Its source code uses MACD, moving averages and Momentum. It moves the stop behind price and can size trades from your risk. It has 13 settings, for example Take Profit (default 50), Stop Loss (default 500) and Lots (default 0.1). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Macd Sample Hedging Grid Ea
Macd Sample Hedging Grid Ea is an expert advisor (trading robot) for MetaTrader 4 based on MACD, Moving Average and Momentum. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 13 settings, such as Take profit, Stop loss and Lots. MQL source code included.
Files in the download: MACD Sample I.mq4, Best Trading Systems.url.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Take profit | 50 | Take profit distance |
| Stop loss | 500 | Stop loss distance |
| Lots | 0.1 | Trade size in lots |
| Trailing stop | 30 | Trailing stop distance or switch |
| Macd open level | 3 | |
| Macd close level | 2 | |
| Ma trend period | 26 | Period or timeframe used by the calculation |
| Max trades | 10 | Maximum number of open trades |
| Magic number | 1000 | Magic number that tells this EA's orders apart |
| Mom sell | 0.3 | Momentum_Sell |
| Mom buy | 0.3 | Momentum_Buy |
| Use equity stop | true | Use Equity Stop |
| Total equity risk | 1.0 | Total Equity Risk |
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: Grid · Hedging · MACD · Trailing Stop & Break-even · Risk & Lot Size · Moving Average · Momentum · MT4 Expert Advisor · MQL4 Source Code