Mandi
From the Old Kings archive: Mandi, an expert advisor (trading robot) for MetaTrader 4. In the code it works with ATR and fractals. It can size trades from your risk. It has 12 settings, for example Market Execution (default TRUE), Reverse Exit (default TRUE) and Dual Mode (default TRUE). 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 Mandi
Mandi is an expert advisor (trading robot) for MetaTrader 4 based on ATR and Fractals. It can size trades from your balance and risk percent. It has 12 settings, such as Market execution, Reverse exit and Dual mode. MQL source code included.
Files in the download: mandi.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 |
|---|---|---|
| Market execution | TRUE | |
| Reverse exit | TRUE | |
| Dual mode | TRUE | |
| Filter depth | 600 | |
| Risk percent | 10.0 | Risk per trade (percent of balance) |
| Fixed lot | 0.0 | Trade size in lots |
| Kof atr | 4.1 | |
| Per atr | 23 | |
| Magic | 23415 | Magic number that tells this EA's orders apart |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| K tp | 10.0 | |
| Ord comment | FFMBOTv2.1 | Comment written on the orders |
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: Risk & Lot Size · ATR · Fractals · MT4 Expert Advisor · MQL4 Source Code