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Neuro Net

Neuro Net — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses Momentum. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 40 settings, for example Section1 (default Enter --Risk Settings--), Max Risk Percent (default 10.0) and Loss Reached Pause Time (default 4). 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 Neuro Net

Neuro Net is an expert advisor (trading robot) for MetaTrader 4 based on Momentum. 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 40 settings, such as Section1, Max risk percent and Loss reached pause time. MQL source code included.

Files in the download: NN47.mq4, readme.txt, SHELL32.DLL.

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

Settings

SettingDefaultWhat it does
Section1Enter --Risk Settings--
Max risk percent10.0Risk per trade (percent of balance)
Loss reached pause time4
Risk reachedThe above value is in hours. ^^Risk per trade (percent of balance)
Maximum stop loss30Stop loss distance
Section2Enter --Trade Behavior Settings--
Aggression level10
Trade24hours0
Trade london open1
Trade us open1
Section3Enter --E-mail Settings--
Sendemail0Turn this alert on or off
Update hour6
Update hour note...refers to the base hour in GMT time
Section4Enter --Display Settings--
Display menu1
Display pair watch1
Sell order colorCLR_NONEColour on the chart
Buy order colorCLR_NONEColour on the chart
Close order colorCLR_NONEColour on the chart
Section5Enter --TimePeriod Checks-- ADVANCED --
Check against m10
Check against m51
Check against m150
Check against m300
Check against h10
Check against h41
Check against d10
Check against w10
Check against mn10
Section6Enter --Debugging Parameters--
Section6a-- Modify at Your Own RISK --
Enable41 engine0
Optimization timeout4
Optimization check time10
Sub section1-- Trading Times --
Trade london from6
Trade london to9
Trade us from14
Trade us to17

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: Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Momentum · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria