Martin Experts
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Martin Experts. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 40 settings, for example GLOBAL SETTINGS (default --==GLOBAL SETTINGS==--), Block Id (default 1) and Take Profit (default 34). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 25 EA files with source code (.mq4) you can open and edit in MetaEditor and 11 settings files (.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 Martin Experts
Martin Experts is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 40 settings, such as Global settings, Block id and Take profit. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent.
Files in the download: 844338_b1953y700q4613m3605v2653l3654s2926.rar, EleMent 6.0 Professional - README!.xls, EleMent_(6.0).zip, Pro6.rar, EleMent (6.0).mq4, ‘®£« F¥¨¥ ®«8§®¢ G¥«n! (‚€†Ž!).txt, Dollaromania.com_sessions.mq4, EMI-1_Dollaromania.com.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 |
|---|---|---|
| Global settings | --==GLOBAL SETTINGS==-- | |
| Block id | 1 | |
| Take profit | 34 | Take profit distance |
| Stop loss | 116 | Stop loss distance |
| Step | 22 | Distance between orders |
| Lots | 0.1 | Trade size in lots |
| Money managment | 36 | |
| Block orders | 4 | |
| Block settings | --==BLOCK SETTINGS==-- | |
| Open block | TRUE | |
| Modify block | FALSE | |
| Orders settings | --==ORDERS SETTINGS==-- | |
| Limit orders | FALSE | |
| Micro lots | FALSE | |
| Maxi lots | FALSE | |
| FOD | FALSE | |
| Close settings | --==CLOSE SETTINGS==-- | |
| Close system | FALSE | |
| Close date | D'17.03.2007 18:30' | |
| Close minutes | 20 | |
| Close period | 5 | Period or timeframe used by the calculation |
| Sleep system | FALSE | |
| S time | D'17.08.2007 05:14' | |
| Sleep minutes | 600 | |
| Stop system | FALSE | |
| Stop seconds | 0 | |
| Profit settings | --==PROFIT SETTINGS==-- | |
| Auto fix profit | FALSE | |
| Fix profit | TRUE | |
| Total profit | 3.0 | |
| For orders | 2 | |
| Correct | 0.0 | |
| Pip value lot | 10.0 | |
| Pro settings | --==PROFESSIONAL SETTINGS==-- | |
| Auto lot | FALSE | |
| Summ auto lot | 3000 | |
| Lots2 | 0.1 | |
| My indicator name | ||
| No day | 0 | |
| Pole trend | FALSE |
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: Martingale · Grid · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code