MQ4002 Money Hunter EA Source Code Mq4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called MQ4002 Money Hunter EA Source Code Mq4. In the code it works with 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). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files 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 MQ4002 Money Hunter EA Source Code Mq4
MQ4002 Money Hunter EA Source Code 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: 1.jpg, bk.jpg, Money Hunter_Modified _Ea _fixed lot.ex4, Money Hunter_Modified _Ea _fixed lot.mq4, INP.jpg.
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