Pair Trader Exp V41
Pair Trader Exp V41 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 41. It moves the stop behind price. It has 14 settings, for example Open Pair (default false), Trade (default true) and Close Pair (default false). 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 · v41 · Free
About Pair Trader Exp V41
Pair Trader Exp V41 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 14 settings, such as Open pair, Trade and Close pair. MQL source code included.
Files in the download: PairTrader_Exp v41.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 |
|---|---|---|
| Open pair | false | true - , |
| Trade | true | |
| Close pair | false | true - , |
| Symbol 2 | GBPUSD | 2 |
| Revers | false | true - |
| Delta | 50 | |
| Step | 50 | , 0 - |
| Count | 5 | |
| Profit | 25 | |
| Stop loss | 1000 | Stop loss distance |
| Trailing | 20 | - , 0 - |
| Lot | 0.1 | Trade size in lots |
| MM | 0 | |
| Magic | 10345 | 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: Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code