Night Grid FZ
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Night Grid FZ. Its name points to a grid of orders at fixed price steps. It works with a grid of orders, can size trades from your risk and has a news filter. It has 10 settings, for example Risk (default 0.5), Max Risk (default 3) and Take Profit (default 10). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Night Grid FZ
Night Grid FZ is an expert advisor (trading robot) for MetaTrader 4. It opens a grid of orders at fixed price steps, can size trades from your balance and risk percent and has a news filter. It has 10 settings, such as Risk, Max risk and Take profit. MQL source code included.
Files in the download: Night Grid FZ.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 |
|---|---|---|
| Risk | 0.5 | Risk per trade (percent of balance) |
| Max risk | 3 | ( ) |
| Take profit | 10 | Take profit distance |
| Stop minus | 10 | |
| Up lot | 1.2 | |
| Step | 10 | Distance between orders |
| Max orders | 30 | Maximum number of open trades |
| Time start | 0 | |
| Time end | 9 | |
| Magic | 7777 | Magic number that tells this EA's orders apart |
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: Grid · Risk & Lot Size · News Trading · MT4 Expert Advisor · MQL4 Source Code