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MQL4 20200802T152008Z 001PWR Nasdaq

MQL4 20200802T152008Z 001PWR Nasdaq — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses MACD and moving averages. It places pending orders, moves the stop behind price and can size trades from your risk. It has 40 settings, for example Depth (default 12), Deviation (default 5) and Label (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 23 indicator 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 MQL4 20200802T152008Z 001PWR Nasdaq

MQL4 20200802T152008Z 001PWR Nasdaq is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Moving Average. 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 40 settings, such as Depth, Deviation and Label. MQL source code included.

It also works on several symbols at once.

Files in the download: PRIVATE WEALTH EA V2.0 NEWS.ex4, PRIVATE WEALTH ROBOT ULTRA BREAKEVEN Update .ex4, PWR Nasdaq _ Poverty Vaccine Update (latest version)2.0.ex4, buysignal (2).wav, buysignal.wav, CZigZag.ex4, CZigZag.mq4, DT_ZZ_nen.ex4 ….

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Depth12
Deviation5
Label0
UsemovetobreakeventrueEnable "no loss"
Whentomovetobe10When to move break even
Pipstomovesl5How much pips to move sl
Lots0.01Lots size
Maximum risk0.02Risk per trade (percent of balance)
Decrease factor3
Trailing stop40TrailingStop
Stop loss20Stop Loss
Magic number1234MagicNumber
Take profit50TakeProfit
Fast ma6FastMA
Slow ma85SlowMA
Distance5Distance
Mom sell0.3Momentum_Sell
Mom buy0.3Momentum_Buy
Stop loss0Stop loss distance
Use money managementtrue
Trade size percent2
GartleyParameter for Gartley Pattern
Auto gartleytrue
Pending ordertrue
Max order1
Take profit at retracement0.618Take profit distance
Min bars1
Backstep34Distance between orders
0Parameters for ZigZag
Indicator11
Parametres z zfor dmlewa2
Min size50
Gross period1440Period or timeframe used by the calculation
Min percent0.00.08
Point11Talex
St level28
Big level32
Autotrue
Min bar38.2, maxBar=61.8
Style zztrue

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Indices (US30, NAS100, DAX) · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Multi-Currency · MACD · Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria