Open Tiks
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Open Tiks. It places pending orders, moves the stop behind price and can size trades from your risk. It has 13 settings, for example Shift1 (default 0), Shift2 (default 1) and Shift3 (default 2). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 2 settings files (.set). 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 Open Tiks
Open Tiks 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 can size trades from your balance and risk percent. It has 13 settings, such as Shift1, Shift2 and Shift3. MQL source code included.
Files in the download: OpenTiks MM (Profit Target).mq4, eurjpy 15m.set, opentiks random eurusd m5.set, Thumbs.db, OpenTiks.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 |
|---|---|---|
| Shift1 | 0 | Bar shift (0 = current bar) |
| Shift2 | 1 | Bar shift (0 = current bar) |
| Shift3 | 2 | Bar shift (0 = current bar) |
| Shift4 | 3 | Bar shift (0 = current bar) |
| Trailing stop | 30 | Trailing stop distance or switch |
| Stop loss | 0 | Stop loss distance |
| Profit target | 100000 | |
| Lots | 0.1 | Trade size in lots |
| Risk management | false | money management |
| Risk percent | 10 | risk in percentage |
| Magicnumber | 777 | Magic number that tells this EA's orders apart |
| Pol lots | true | |
| Max orders | 1 | Maximum number of open trades |
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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code