Mo St As Ha R15 Pivot Expert(30AUG05)
From the Old Kings archive: Mo St As Ha R15 Pivot Expert(30AUG05), an expert advisor (trading robot) for MetaTrader 4. Its name points to pivot points (daily or weekly support / resistance levels) and Heiken Ashi candles. In the code it works with MACD, moving averages and ADX. It moves the stop behind price and can size trades from your risk. It has 4 settings, for example Lots (default 1.0), Trailing Stop (default 10) and Stop Loss (default 20). 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. 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 Mo St As Ha R15 Pivot Expert(30AUG05)
Mo St As Ha R15 Pivot Expert(30AUG05) is an expert advisor (trading robot) for MetaTrader 4 based on MACD, Moving Average and ADX. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 4 settings, such as Lots, Trailing stop and Stop loss. MQL source code included.
Files in the download: MoStAsHaR15 Pivot Expert(30AUG05).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 |
|---|---|---|
| Lots | 1.0 | Trade size in lots |
| Trailing stop | 10 | Trailing stop distance or switch |
| Stop loss | 20 | Stop loss distance |
| Time zone | 2 |
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: Pivot Points · Trailing Stop & Break-even · Risk & Lot Size · MACD · Moving Average · ADX · MT4 Expert Advisor · MQL4 Source Code