Programforex
Programforex is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages and ATR. It can size trades from your risk. It has 26 settings, for example IPeriod (default 100), MA PERIOD (default 20) and MA MODE (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 4 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 Programforex
Programforex is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and ATR. It can size trades from your balance and risk percent. It has 26 settings, such as I period, Ma period and Ma mode. MQL source code included.
Files in the download: Ind.mq4, Ind2.mq4, ProgramForex.ex4, ProgramForex.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 |
|---|---|---|
| I period | 100 | Period or timeframe used by the calculation |
| Ma period | 20 | Period or timeframe used by the calculation |
| Ma mode | 0 | |
| Price mode | 5 | |
| Atr period | 20 | Period or timeframe used by the calculation |
| K | 1.5 | |
| Atr mode | FALSE | |
| S0 | === Main Parameters === | |
| Open small | 1 | |
| Open big | 20 | |
| Close small | 114 | |
| Close big | 4 | |
| S1 | === Time Filter === | |
| Open hour | 21 | |
| Close hour | 7 | |
| S2 | === Money Management === | |
| Min lot | 0.1 | |
| Max lot | 10.0 | |
| Stop loss | 40 | Stop loss distance |
| Take profit | 40 | Take profit distance |
| Risk | 10 | Risk per trade (percent of balance) |
| MM | TRUE | |
| Max spread | 3 | Maximum spread allowed to trade |
| S3 | === Holiday Trading === | |
| Friday | 300 | |
| Monday | 420 |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code