Money Hunter Modified Ea Fixed Lot.mq4
Money Hunter Modified Ea Fixed Lot.mq4 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is a modified edition. Its source code uses ATR, Momentum and an oscillator. It places pending orders, moves the stop behind price and can size trades from your risk. It has 7 settings, for example Magic ID (default 12345678), LOTS (default 0.01) and risk (default 0). 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 Money Hunter Modified Ea Fixed Lot.mq4
Money Hunter Modified Ea Fixed Lot.mq4 is an expert advisor (trading robot) for MetaTrader 4 based on ATR, Momentum and Oscillator. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 7 settings, such as Magic id, LOTS and Risk. MQL source code included.
Files in the download: Money Hunter_Modified _Ea _fixed lot.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 |
|---|---|---|
| Magic id | 12345678 | Magic number that tells this EA's orders apart |
| LOTS | 0.01 | Trade size in lots |
| Risk | 0 | risk: 0-->fixed lots |
| SL | 50 | Stop loss distance |
| TP | 100 | Take profit distance |
| Trailing | true | Trailing stop distance or switch |
| Trailing extra | 50.0 | Trailing stop distance or switch |
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: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · ATR · Momentum · Oscillator · MT4 Expert Advisor · MQL4 Source Code