Money Pile EA 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Money Pile EA 2. In the code it works with MACD and RSI. It works with a grid of orders, moves the stop behind price and can size trades from your risk. It has 9 settings, for example Lots (default 0.01), Pip Step (default 80) and MM (default false). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Pile EA 2
Money Pile EA 2 is an expert advisor (trading robot) for MetaTrader 4 based on MACD and RSI. It opens a grid of orders at fixed price steps, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 9 settings, such as Lots, Pip step and MM. MQL source code included.
It also has a news filter.
Files in the download: Money Pile EA (1).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 | 0.01 | Trade size in lots |
| Pip step | 80 | Distance between orders |
| MM | false | |
| Take profit | 100 | Take profit distance |
| Use stop loss | true | Stop loss distance |
| Stop loss | 4000 | Stop loss distance |
| Use trailing stop | true | Trailing stop distance or switch |
| Trail start | 13 | Trailing stop distance or switch |
| Trail stop | 3 | 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: Grid · Trailing Stop & Break-even · Risk & Lot Size · News Trading · MACD · RSI · MT4 Expert Advisor · MQL4 Source Code