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MetaTrader5

MetaTrader5 is an expert advisor (trading robot) for MetaTrader 5 from the Old Kings collection. It has 6 settings, for example Magic (default 12345), Slippage (default 30) and Profit Target (default 1000). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq5) 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 · MT5 · v1.0 · Free

About MetaTrader5

MetaTrader5 is an expert advisor (trading robot) for MetaTrader 5. It has 6 settings, such as Magic, Slippage and Profit target. MQL source code included.

Files in the download: 120_Sovatnik-Ilan_2.rar, 20_200_pips_MQL5_v1.zip, Bobnaley_st5ia.rar, bolbands.rar, Champ2010_hmni9.zip, ControlPanel_st5ia.zip, gurooex01.mq5, martgreg_1.rar ….

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

Settings

SettingDefaultWhat it does
Magic12345Magic number that tells this EA's orders apart
Slippage30Maximum slippage allowed when opening a trade
Profit target1000
Stop loss10000Stop loss distance
Lots0.1Trade size in lots
Really randomtrue

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Experts.
  3. Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
  4. Open the .mq5 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: MT5 Expert Advisor · MQL5 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria