Progresive Miner
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Progresive Miner. In the code it works with Momentum and an oscillator. It moves the stop behind price and can size trades from your risk. It has 11 settings, for example T1 (default Singhs), Money Managment (default true) and Lots (default 0.01). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Progresive Miner
Progresive Miner is an expert advisor (trading robot) for MetaTrader 4 based on Momentum and Oscillator. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 11 settings, such as T1, Money managment and Lots. MQL source code included.
Files in the download: Progresive Miner fix.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 |
|---|---|---|
| T1 | Singhs | Crack by |
| Money managment | true | Money Managment (dynamic Lot) |
| Lots | 0.01 | Static lot for MoneyManage off |
| Risk menager | 1 | Risk |
| TP | 100 | TakeProfit |
| SL | 1000 | StopLoss |
| Trailing stop | 10 | Trailing stop distance or switch |
| Buy open risk | 10.0 | Risk per trade (percent of balance) |
| Sell open risk | 10.0 | Risk per trade (percent of balance) |
| Max spread | 15 | Maximum spread allowed to trade |
| Magic number | 205080 | Magic number that tells this EA's orders apart |
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 · Risk & Lot Size · Momentum · Oscillator · MT4 Expert Advisor · MQL4 Source Code