Noah10pips2006
Noah10pips2006 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 25 settings, for example MAGICNUM (default 1), Lots (default 0.1) and Stop Loss (default 55). 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 Noah10pips2006
Noah10pips2006 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 25 settings, such as Magicnum, Lots and Stop loss. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Noah10pips2006.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 |
|---|---|---|
| Magicnum | 1 | Magic number that tells this EA's orders apart |
| Lots | 0.1 | Trade size in lots |
| Stop loss | 55 | Stop loss distance |
| Take profit | 100 | Take profit distance |
| Trailing stop | 0 | Trailing stop distance or switch |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Maximum risk | 7.0 | Risk per trade (percent of balance) |
| Max lot | 100.0 | |
| Min lot | 1.0 | |
| Fixed lot | true | Trade size in lots |
| Time zone of data | 0 | NY 7,15; |
| Start hour | 2 | 9:00 PM EST |
| Start minute | 0 | |
| End hour | 23 | Hour when trading stops (server time) |
| End minute | 0 | |
| Friday end hour | 21 | Hour when trading stops (server time) |
| Secure profit | 10 | |
| Trail secure profit | 16 | Trailing stop distance or switch |
| Trade friday | 1 | 0- dont open trades on friday, 1- Trade on friday |
| Dont reverse | 1 | |
| Start year | 2005 | |
| Start month | 6 | |
| Trades set | 2 | |
| Type set | 0 | 0 = NONE, 1 = SELL, 2 = BUY |
| Reverse set | 0 | 0=False, 1=True |
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: Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code