Pro7 EA 7
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Pro7 EA 7. It moves the stop behind price. It has 32 settings, for example Additional (default ---------- Original EA S), Lot Size (default 0.02) and Delay Next (default 3). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Pro7 EA 7
Pro7 EA 7 is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 32 settings, such as Additional, Lot size and Delay next. MQL source code included.
Files in the download: Pro7_EA.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 |
|---|---|---|
| Additional | ---------- Original EA Settings -------- | Original EA Settings |
| Lot size | 0.02 | Trade Lot size |
| Delay next | 3 | Number of minutes between trades |
| Slippage | 5 | Max Slippage |
| Max spread | 3 | Max Spread to only open trades below this value |
| Magic number | 9991 | Magic number |
| Comment | Comment | Trade Comment |
| Pends sell | ---------- Pending Sell and Sell Range O | Pending Sell and Sell Range Options |
| Pend sell | 0 | Pending sell price to enter |
| No sell attempts | 5 | Number of attempts EA will sell at price |
| Take profit sell pips | 0 | Take profit pips, 0 for no TP |
| Stop loss sell pips | 0 | Stop loss pips, 0 for no SL |
| Break even sell pips | 0 | Break even if profit pips above this, 0 for no BE |
| Default range sell pips | 0 | Default pips for pending range |
| Comment sell | CommentSell | Trade Comment |
| Pends buy | ---------- Pending Buy and Buy Range Opt | Pending Buy and Buy Range Options |
| Pend buy | 0 | Pending buy price to enter |
| No buy attempts | 5 | Number of attempts EA will buy at price |
| Take profit buy pips | 0 | Take profit pips, 0 for no TP |
| Stop loss buy pips | 0 | Stop loss pips, 0 for no SL |
| Break even buy pips | 0 | Break even if profit pips above this, 0 for no BE |
| Default range buy pips | 0 | Default pips for pending range |
| Comment buy | CommentBuy | Trade Comment |
| Colors | ---------- Color Options ---------- | Color Options |
| Color labels | White | On screen Labels |
| Color pend buy | Lime | Pend Buy |
| Color pend sell | Red | Pend Sell |
| Color stop loss | Magenta | Stop Loss |
| Color break even | Yellow | Break Even |
| Color take profit | DeepSkyBlue | Take Profit |
| Color range button | White | Range Button |
| Color range button active | Green | Range Button Active |
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: Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code