Magic+Champ+II+Pro
From the Old Kings archive: Magic+Champ+II+Pro, an expert advisor (trading robot) for MetaTrader 4. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example MAGICNUMBER (default 946137412), long Allowed (default TRUE) and short Allowed (default TRUE). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Magic+Champ+II+Pro
Magic+Champ+II+Pro is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Magicnumber, Long allowed and Short allowed. MQL source code included.
It also can size trades from your balance and risk percent, has a news filter and works on several symbols at once.
Files in the download: MC_II_V16.dll, Magic_Champ_II_DLL_V1.6_04_pro.ex4, Magic_Champ_II_DLL_V1.6_04_pro.mq4, Magic-Champ_II_eng.pdf, Magic-Champ_II_rus.pdf.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Magicnumber | 946137412 | Magic number that tells this EA's orders apart |
| Long allowed | TRUE | |
| Short allowed | TRUE | |
| _____________________________ | > Money Management Selection < | |
| Money management variant | 1 | |
| 1 | > Variant 1 < | |
| Ffm variant 1 | > 1 = FFM < | |
| Risk long percent | 3.0 | Risk per trade (percent of balance) |
| Risk short percent | 3.0 | Risk per trade (percent of balance) |
| Use adaptive mm | FALSE | |
| Divisor long | 7 | |
| Divisor short | 7 | |
| 2 | > Variant 2 < | |
| Reinvest percent variant 2 | > 2 = Base and Reinvest < | |
| Basic risk l | 0 | Risk per trade (percent of balance) |
| Basic risk s | 0 | Risk per trade (percent of balance) |
| Reinvest pc l | 0.0 | |
| Reinvest pc s | 0.0 | |
| Max risk pc l | 3.0 | Risk per trade (percent of balance) |
| Max risk pc s | 3.0 | Risk per trade (percent of balance) |
| 3 | > Variant 3 < | |
| Fixed lots money management | > 3 = Fixed Lotsize < | |
| Lots long | 0.0 | |
| Lots short | 0.0 | |
| Trade management | > Trade Management < | |
| Order open with sltp | FALSE | |
| 4 | > Trading Stop after Stoploss! < | |
| Break after sl | 20.0 | |
| 5 | > Automation < | |
| Trade open | > Auto Tradeopen? < | |
| Auto trade open | TRUE | |
| Sl management | > Auto-SL-Management? < | |
| Auto sl management | TRUE | |
| Xxx man sl management | > Man-SL_Management < | |
| Sl at trade open long | 20.0 | |
| Sl at trade open short | 20.0 | |
| Tp management | > Auto-TP-Management? < | |
| Auto tp management | TRUE | |
| Xxx man tp management | > Man-TP-Management < | |
| Tp at trade open long | 20.0 |
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 · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · News Trading · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code