Newexpert NN
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Newexpert NN. In the code it works with moving averages. It moves the stop behind price and has a trading-hours filter. It has 23 settings, for example p1 (default 0.1), p2 (default 0.1) and p3 (default 0.1). 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 Newexpert NN
Newexpert NN is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 23 settings, such as P1, P2 and P3. MQL source code included.
Files in the download: NEWEXPERT-NN.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 |
|---|---|---|
| P1 | 0.1 | |
| P2 | 0.1 | |
| P3 | 0.1 | |
| Q1 | 0.1 | |
| Q2 | 0.1 | |
| Q3 | 0.1 | |
| K1 | 0.1 | |
| K2 | 0.1 | |
| K3 | 0.1 | |
| St | 1 | |
| Stop | 10 | |
| M1 | 2 | |
| M2 | 5 | |
| M3 | 2 | |
| M4 | 5 | |
| M5 | 2 | |
| M6 | 5 | |
| All positions | True | |
| Profit trailing | False | Trailing stop distance or switch |
| Trailing stop | 15 | Trailing stop distance or switch |
| Trailing step | 2 | Trailing stop distance or switch |
| Use sound | False | Turn this alert on or off |
| Name file sound | expert.wav | Turn this alert on or off |
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 · Moving Average · MT4 Expert Advisor · MQL4 Source Code