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Plan X

From the Old Kings archive: Plan X, an expert advisor (trading robot) for MetaTrader 4. It moves the stop behind price. It has 11 settings, for example Lots (default 0.1), Slippage (default 2) and Long Target (default 25). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Plan X

Plan X is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 11 settings, such as Lots, Slippage and Long target. MQL source code included.

Files in the download: plan x.mq4.

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

Settings

SettingDefaultWhat it does
Lots0.1Trade size in lots
Slippage2Maximum slippage allowed when opening a trade
Long target25
Short target20
Initial sl25
Trail stop trigger10Trailing stop distance or switch
Trail stop pips5Trailing stop distance or switch
Begin time11Hour when trading starts (server time)
End time15
Magic number411Magic number that tells this EA's orders apart
Commentplan xComment written on the orders

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: Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria