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Mtf Trade Mngr 3

Mtf Trade Mngr 3 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its name points to several timeframes at once. It raises the lot size after losses (martingale — high risk), can hold buy and sell positions together and places pending orders. It has 40 settings, for example b10 (default ===== AlwaysOn =====), Always On (default true) and delay (default 1000). 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 Mtf Trade Mngr 3

Mtf Trade Mngr 3 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), can hold buy and sell positions at the same time (hedging) and places pending buy/sell stop or limit orders. It has 40 settings, such as B10, Always on and Delay. MQL source code included.

It also 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.

Files in the download: mtf trade mngr.mq4.

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

Settings

SettingDefaultWhat it does
B10===== AlwaysOn =====
Always ontrueEA Run every delay (ms) (true) or every ticks (false)
Delay1000====== Time (ms) restart adviser in AlwaysOn mode
Management styleYou can select more than one option
Manage by magic numberfalseMagic number that tells this EA's orders apart
Magic number1Magic number that tells this EA's orders apart
Manage by trade commentfalseComment written on the orders
Trade commentFibComment written on the orders
Manage by ticke numberfalse
Ticket number
Over rideManageThisPairOnly will override all pre
Over ride2or can be used in combination with 1 of
Manage this pair onlyfalse
Manage specified pairsfalse############## ADDED BY CACUS
Over ride1ManageAllTrades will override all others
Manage all tradestrue
Managing nanningbob tradesfalse
B50----------------------------------------
Tt----Trade management hours----
Trade hoursSet Morning & Evening Management Hours
Trade hoursiUse 24 hour, local time clock
Trade hours mMorning Hours 0-12
Start hourm0Hour when trading starts (server time)
End hourm12Hour when trading stops (server time)
Trade hours eEvening Hours 12-24
Start houre12Hour when trading starts (server time)
End houre24Hour when trading stops (server time)
Bl1----------------------------------------
Management facilitiesSelect the management facilities you wan
Slf----Stop Loss & Take Profit Manipulation
Do not overload5 digit criminalsfalse
BEBreak even settings
Break eventrueMove the stop to break-even
Break even pips100Move the stop to break-even
Break even profit5Move the stop to break-even
Hide break even stopfalseMove the stop to break-even
Pips away from visual be100
JSLJumping stop loss settings
Jumping stoptrue
Jumping stop pips50

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: Multi-Timeframe (MTF) · Martingale · Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria