Pioner V7
From the Old Kings archive: Pioner V7, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 7. It works with a grid of orders and places pending orders. It has 9 settings, for example Lots (default 0.3), Grid (default 9) and Stop Loss (default 200). 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 · Free
About Pioner V7
Pioner V7 is an expert advisor (trading robot) for MetaTrader 4. It opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 9 settings, such as Lots, Grid and Stop loss. MQL source code included.
Files in the download: Pioner_v7.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 |
|---|---|---|
| Lots | 0.3 | Trade size in lots |
| Grid | 9 | |
| Stop loss | 200 | Stop loss distance |
| Fixed lot | true | Trade size in lots |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Magic | 110705 | Magic number that tells this EA's orders apart |
| Stop on roll | false | |
| Stop all | false | |
| My sleep | 3000 |
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: Grid · Pending Orders · MT4 Expert Advisor · MQL4 Source Code