Private Wealthrobot
From the Old Kings archive: Private Wealthrobot, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD and moving averages. It places pending orders, moves the stop behind price and can size trades from your risk. It has 40 settings, for example Depth (default 12), Label (default 0) and USEMOVETOBREAKEVEN (default true). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 19 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 Private Wealthrobot
Private Wealthrobot is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Moving Average. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 40 settings, such as Depth, Label and Usemovetobreakeven. MQL source code included.
It also works on several symbols at once.
Files in the download: !black-zup-orderline.tpl, ZigZag_new_nen4.ex4, buysignal (2).wav, DT_ZZ_nen.mq4, PWRULTRASECURITY.ex4, PWRULTRAFile4A.ex4, PWRVerified.ex4, DT_ZZ_nen.ex4 ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Depth | 12 | |
| Label | 0 | |
| Usemovetobreakeven | true | Enable "no loss" |
| Whentomovetobe | 10 | When to move break even |
| Pipstomovesl | 5 | How much pips to move sl |
| Lots | 0.01 | Lots size |
| Maximum risk | 0.02 | Risk per trade (percent of balance) |
| Decrease factor | 3 | |
| Trailing stop | 40 | TrailingStop |
| Stop loss | 20 | Stop Loss |
| Magic number | 1234 | MagicNumber |
| Take profit | 50 | TakeProfit |
| Fast ma | 6 | FastMA |
| Slow ma | 85 | SlowMA |
| Distance | 5 | Distance |
| Mom sell | 0.3 | Momentum_Sell |
| Mom buy | 0.3 | Momentum_Buy |
| Deviation | 13 | |
| Backstep | 34 | Distance between orders |
| 0 | Parameters for ZigZag | |
| Indicator | 11 | |
| Parametres z zfor dmlewa | 2 | |
| Min bars | 8 | |
| Min size | 50 | |
| Gross period | 1440 | Period or timeframe used by the calculation |
| Min percent | 0.0 | 0.08 |
| Point | 11 | Talex |
| St level | 28 | |
| Big level | 32 | |
| Auto | true | |
| Min bar | 38.2, maxBar=61.8 | |
| Style zz | true | |
| Max bar | 1000 | (0-) |
| Min bar | 0 | |
| Number peak | false | |
| Number peak10 | true | |
| Number peak low | true | |
| Number peak color | Red | Colour on the chart |
| Number peak font size | 11 | |
| 1 | Parameters for fibo Levels |
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: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Multi-Currency · MACD · Moving Average · MT4 Indicator · MQL4 Source Code