Loading…

Pip Turbo V1.0

Pip Turbo V1.0 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 1.0. Its source code uses moving averages, Bollinger Bands, ATR and a price channel. It has a trading-hours filter and can size trades from your risk. It has 22 settings, for example period (default 10), fib (default 2.61) and level (default 50.0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 3 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 Pip Turbo V1.0

Pip Turbo V1.0 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, Bollinger Bands, ATR and Channels & Envelopes. It trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 22 settings, such as Period, Fib and Level. MQL source code included.

Files in the download: Keltner Channels.mq4, PipSpool.mq4, PipTurbo_V1.0.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Period10Period or timeframe used by the calculation
Fib2.61
Level50.0
Risk30Risk per trade (percent of balance)
Lots0.1Trade size in lots
Lots digit2
Slippage5Maximum slippage allowed when opening a trade
Stop loss42Stop loss distance
Time infoBased on Broker Time (Match with GMT tim
Open hour21
Close hour3
Money managementTRUE
Magic number711243Magic number that tells this EA's orders apart
Atr infoCheck Manual For usage
Trade low range dayTRUE
Trade out side bandTRUE
Max day atr250.0
Equity infoWorks best when running multiple currenc
Equity target0.0
Secure my equity targetFALSE
Max trade per bar1
Max trade per position4

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Time Filter · Risk & Lot Size · Moving Average · Bollinger Bands · ATR · Channels & Envelopes · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria