Pifon
From the Old Kings archive: Pifon, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD, RSI and moving averages. It moves the stop behind price, can size trades from your risk and handles several symbols. It has 26 settings, for example FMA (default 3), SMA (default 10) and Lots (default 0.1). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 indicator files 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 Pifon
Pifon is an expert advisor (trading robot) for MetaTrader 4 based on MACD, RSI and Moving Average. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and works on several symbols at once. It has 26 settings, such as FMA, SMA and Lots. MQL source code included.
Files in the download: Accumulation2MA_v03b_ind.mq4, Pifon.mq4, Инструкция.txt.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| FMA | 3 | |
| SMA | 10 | |
| Lots | 0.1 | Trade size in lots |
| Re invest | 1 | |
| Read history | 1 | |
| Probab | 0.95 | |
| Dstop | 25 | |
| Nstop | 1 | |
| Delta | 0 | |
| Nidelt | 22 | |
| NN | 10 | |
| Forg | 1.05 | |
| Tpp | 1.0 | |
| Tpten | 1 | |
| Mode | 0 | |
| N alert | 1 | Turn this alert on or off |
| Wind | 0 | |
| Parameters b lots | ||
| Lots way choice | 0 | |
| Lots percent | 20 | |
| Lots delta depo | 500 | |
| Lots depo for one | 500 | |
| Lots max | 10000 | |
| F mar | 1 | |
| Trailing stop | 0 | Trailing stop distance or switch |
| Tr stop | 1 |
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 · Risk & Lot Size · Multi-Currency · MACD · RSI · Moving Average · MT4 Indicator · MQL4 Source Code