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Progressor 1.12

Progressor 1.12 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses MACD. It raises the lot size after losses (martingale — high risk), can hold buy and sell positions together and places pending orders. It has 36 settings, for example Max SPREAAD (default 30.0), S 0 (default Working Time -----------) and Working Time (default FALSE). 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, 3 settings files (.set) and a PDF guide. 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 Progressor 1.12

Progressor 1.12 is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It increases the lot size after a losing trade (martingale), can hold buy and sell positions at the same time (hedging) and places pending buy/sell stop or limit orders. It has 36 settings, such as Max spreaad, S 0 and Working time. MQL source code included.

It also trades only in the hours you set (time filter).

Files in the download: Progressor 1.12.mq4, progressor_1.12_eurusd_conservative.set, progressor_1.12_eurusd_medium.set, progressor_1.12_eurusd_super_agressor.set, Progressor_v12.dll, Инструкция по установке торгового советника Progressor 1.12.pdf.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Max spreaad30.0
S 0Working Time ---------------------------
Working timeFALSE
Open hour1
Close hour23
S 1 ----------------------------
First lot0.1
S 2 -------------------------------
Each tick modeTRUE
S 3 -------------------------------------
Trade in friTRUE
S 4 / ------------------
Distance34.0Distance between orders
Level10
S 5 ------------------------
Martin modeTRUE
Multiplier2.0How much the lot size grows after a loss
Increament0.1
S 6 TP/SL -----------------------
Use sl tpFALSE
S 7 ( ) : --------------
Take profit30.0Take profit distance
S 8 - : ---------------------------
Stop lose60.0
S 9 : --------
Tp in money5.0
Tp koef1.0
S 10 --------------------------------------
Invisible modeTRUE
S 11 ---------------------------------------
HedgeTRUE
Hedge start3
H lot factor0.5
H tp factor1.0
Lot multiplier 21.5How much the lot size grows after a loss
Lot multi 2 level3

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Martingale · Hedging · Pending Orders · Time Filter · MACD · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria