Profit
Profit — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It has 16 settings, for example mode (default 1), Bar0 (default 0) and Lots (default 0.1). 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 Profit
Profit is an expert advisor (trading robot) for MetaTrader 4. It has 16 settings, such as Mode, Bar0 and Lots. MQL source code included.
Files in the download: Profit.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 |
|---|---|---|
| Mode | 1 | |
| Bar0 | 0 | |
| Lots | 0.1 | Trade size in lots |
| Stop loss | 50 | Stop loss distance |
| Take profit | 50 | Take profit distance |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Magic | 211206 | Magic number that tells this EA's orders apart |
| Cl buy | Gold | |
| Cl sell | DodgerBlue | |
| Cl close | Red | |
| Use sound | true | Turn this alert on or off |
| Buy wav | alert.wav | |
| Sell wav | alert.wav | |
| Param ind1 | --- cross --- | |
| Slow period | 20 | Period or timeframe used by the calculation |
| Fast period | 5 | Period or timeframe used by the calculation |
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: MT4 Expert Advisor · MQL4 Source Code