Morpheus Top Bot V1.0
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Morpheus Top Bot V1.0. The file name marks it as version 1.0. In the code it works with MACD and RSI. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 38 settings, for example Key, Name (default Morpheus TopBot v1.0) and Copy (default Copyright Morpheus FX S). 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 Morpheus Top Bot V1.0
Morpheus Top Bot V1.0 is an expert advisor (trading robot) for MetaTrader 4 based on MACD and RSI. It moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 38 settings, such as Key, Name and Copy. MQL source code included.
It also has a news filter.
Files in the download: Morpheus-TopBot-V1.0~.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 |
|---|---|---|
| Key | ||
| Name | Morpheus TopBot v1.0 | |
| Copy | Copyright Morpheus FX Solutions | |
| _ | http://morpheusfxsolutions.com | |
| Timefilter | Time Filter | |
| Gmtshift | 1 | Bar shift (0 = current bar) |
| Time filter | FALSE | |
| Starthour | 0 | Hour when trading starts (server time) |
| Startminutes | 0 | |
| Endhour | 24 | Hour when trading stops (server time) |
| Endminutes | 0 | |
| Tradesunday | TRUE | |
| Fridayfilter | TRUE | |
| Fridayhour | 19 | |
| Fridayminutes | 0 | |
| S8 | ---------------- News Filter | |
| Use news filter | TRUE | |
| Start news filter | 0 | |
| End news filter | 24 | |
| Mins until news | 30 | |
| Mins after news | 30 | |
| News impact | 2 | |
| Close profitable trades | TRUE | |
| Close all trades | FALSE | |
| Take profit | 27 | Take profit distance |
| Stop loss | 119 | Stop loss distance |
| Visable mode | TRUE | |
| N trailing stop | 5 | Trailing stop distance or switch |
| N prop sl threshold | 0 | |
| D prop sl ratio | 0.35 | |
| N escape tp | 35 | |
| Fixed lot | 0.1 | Trade size in lots |
| Auto mm | 5.0 | |
| Magic number | 999 | Magic number that tells this EA's orders apart |
| Max spread | 4.0 | Maximum spread allowed to trade |
| Slippage | 3.0 | Maximum slippage allowed when opening a trade |
| Maximum trades | 1 | |
| Open order comment | TopBot 1.0 | Comment written on the orders |
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: Trailing Stop & Break-even · Time Filter · Risk & Lot Size · News Trading · MACD · RSI · MT4 Expert Advisor · MQL4 Source Code