Pro Advisor V5
Pro Advisor V5 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 5. It can size trades from your risk and handles several symbols. It has 9 settings, for example Lots (default 0.1), Lots Max (default 10) and Increasing Lot (default TRUE). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 2 EA 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 · v5 · Free
About Pro Advisor V5
Pro Advisor V5 is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent and works on several symbols at once. It has 9 settings, such as Lots, Lots max and Increasing lot. MQL source code included.
Files in the download: Pro Advisor v5.ex4, Pro Advisor v5.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 | 0.1 | Trade size in lots |
| Lots max | 10 | |
| Increasing lot | TRUE | |
| Lots percent | 5 | |
| Drop down | 95 | |
| Sin fast period | 55 | Period or timeframe used by the calculation |
| Sin slow period | 89 | Period or timeframe used by the calculation |
| Use filter | TRUE | |
| Info comment | TRUE | Comment written on the orders |
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 · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code