Pla Ymate
Pla Ymate is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It can size trades from your risk and has a news filter. It has 9 settings, for example SL (default 18), TP (default 2) and MM (default true). 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 · v1.0 · Free
About Pla Ymate
Pla Ymate is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent and has a news filter. It has 9 settings, such as SL, TP and MM. MQL source code included.
Files in the download: plaYmate_2.0_.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 |
|---|---|---|
| SL | 18 | Stop loss distance |
| TP | 2 | Take profit distance |
| MM | true | |
| Risk | 90 | Risk per trade (percent of balance) |
| Man lot | 0.01 | |
| Times list | 20-8 | |
| Slippage | 1 | Maximum slippage allowed when opening a trade |
| Magic | 5789123 | Magic number that tells this EA's orders apart |
| Max spread | 2 | Maximum spread allowed to trade |
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: Risk & Lot Size · News Trading · MT4 Expert Advisor · MQL4 Source Code