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Nina EA V031

From the Old Kings archive: Nina EA V031, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 031. In the code it works with moving averages. It can size trades from your risk. It has 15 settings, for example Lots (default 0.1), Maximum Risk (default 0.02) and Decrease Factor (default 3). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 · v031 · Free

About Nina EA V031

Nina EA V031 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It can size trades from your balance and risk percent. It has 15 settings, such as Lots, Maximum risk and Decrease factor. MQL source code included.

Files in the download: NinaEA v031.mq4.

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

Settings

SettingDefaultWhat it does
Lots0.1Trade size in lots
Maximum risk0.02Risk per trade (percent of balance)
Decrease factor3
Moving period12Period or timeframe used by the calculation
Moving shift6Bar shift (0 = current bar)
Period watr10Number of bars in the calculation
Kwatr1
Highlow0
Cbars1000
From0
Ma p50
Lots0.1Trade size in lots
Sm aspread0Maximum spread allowed to trade
Stop loss0Stop loss distance
Slippage4Maximum slippage allowed when opening a trade

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: Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria