Omega Trend EA V7.0 EURUSD
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Omega Trend EA V7.0 EURUSD. Its name points to following the trend. The file name marks it as version 7.0. In the code it works with moving averages, a trend filter and ATR. It can size trades from your risk and handles several symbols. It has 40 settings, for example NFA Rules (default FALSE), Max Spread (default 5) and Max Slippage (default 2). 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 · v7.0 · Free
About Omega Trend EA V7.0 EURUSD
Omega Trend EA V7.0 EURUSD is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, Trend and ATR. It can size trades from your balance and risk percent and works on several symbols at once. It has 40 settings, such as Nfa rules, Max spread and Max slippage. MQL source code included.
Files in the download: OmegaTrendEA_v7.0_EURUSD.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 |
|---|---|---|
| Nfa rules | FALSE | |
| Max spread | 5 | Maximum spread allowed to trade |
| Max slippage | 2 | Maximum slippage allowed when opening a trade |
| Auto gmt offset | TRUE | |
| Manual gmt offset | 2 | |
| Dst usage | TRUE | |
| X | ====== Omega Trend Settings ======= | |
| Indicator time frame | 60 | Period or timeframe used by the calculation |
| Action time frame | 5 | Period or timeframe used by the calculation |
| Volatility period | 27 | Period or timeframe used by the calculation |
| Smooth factor | 0 | |
| Max width pips | 115 | |
| Min follow pips | 5 | |
| Trend line level | 3.2 | |
| Pivot line level | 0.93 | |
| Bar acceleration | 1.25 | |
| Profit acceleration | 0 | |
| Y | ====== Signal 1 Settings ======= | |
| Signal 1 | 1 | |
| Recovery mode 1 | FALSE | |
| Fixed lots 1 | 0.1 | |
| Auto mm 1 | 0.0 | |
| Auto mm max 1 | 10.0 | |
| Magic 1 | 10101 | Magic number that tells this EA's orders apart |
| Signal 1 take profit | 310 | Take profit distance |
| Signal 1 stop loss | 0 | Stop loss distance |
| Signal 1 strong pips | 0 | |
| Hour filtering | TRUE | |
| Trade hour1 | 21 | |
| Trade hour2 | 19 | |
| Trade hour3 | 13 | |
| Trade hour4 | 9 | |
| Trade hour5 | 12 | |
| Trade hour6 | 4 | |
| Trade hour7 | 8 | |
| Trade hour8 | 14 | |
| Trade hour9 | 10 | |
| Swing filtering | TRUE | |
| Swing ma period | 50 | Period or timeframe used by the calculation |
| Swing impulse | -60 |
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: Trend · EURUSD · Risk & Lot Size · Multi-Currency · Moving Average · ATR · MT4 Expert Advisor · MQL4 Source Code