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Mega Droid Pro XE 2

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Mega Droid Pro XE 2. In the code it works with RSI. It raises the lot size after losses (martingale — high risk), moves the stop behind price and has a trading-hours filter. It has 40 settings, for example Version (default 1.01ee+bbrv11+fxhB+XE_v1), 1 (default ---- System Parameters -) and Stealth (default TRUE). 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 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 Mega Droid Pro XE 2

Mega Droid Pro XE 2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It increases the lot size after a losing trade (martingale), 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 Version, 1 and Stealth. MQL source code included.

It also can size trades from your balance and risk percent and works on several symbols at once.

Files in the download: MegaDroidPro.pdf, MegaDroidPro_XE.mq4.

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

Settings

SettingDefaultWhat it does
Version1.01ee+bbrv11+fxhB+XE_v1.2
1---- System Parameters ----
StealthTRUE
AggressiveTRUE
Gmt offset0.0
NFAFALSE1.01
Auto local gmt offsetTRUE
Auto server gmt offsetTRUE
S1 reference40008015
S2 reference16023042
2---- Comment Position -----
Top padding30
Left padding20
Text color1CadetBlueColour on the chart
Text color2SkyBlueColour on the chart
3--- Strategy Parameters ---
Slippage3Maximum slippage allowed when opening a trade
Send emailsFALSETurn this alert on or off
Lot size0.1Trade size in lots
Risk level0.1Risk per trade (percent of balance)
Recovery modeTRUE
4---- Advanced Parameters ---
Risk sharing enabledTRUERisk per trade (percent of balance)
Use force closeFALSE
Force close on gmt hour8
Use break evenFALSEMove the stop to break-even
Set break even at6Move the stop to break-even
Break even shift1.0Move the stop to break-even
Use timed stop lossFALSEStop loss distance
Order opened minute160
Stop loss pips140Stop loss distance
Order opened minute2120
Stop loss pips230Stop loss distance
Order opened minute3180
Stop loss pips320Stop loss distance
Order opened minute4240
Stop loss pips410Stop loss distance
5-------- Max Spread --------
6-1:Disable 0.0:Default >0.0:Limit
Max spread0Maximum spread allowed to trade

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: Martingale · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Multi-Currency · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria