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Proverka

Proverka is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It raises the lot size after losses (martingale — high risk), works with a grid of orders and can size trades from your risk. It has 28 settings, for example Buy Block (default ------- -------), Buy Pip Step Exponent (default 1) and Buy Lot Exponent (default 1.69). 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 Proverka

Proverka is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and can size trades from your balance and risk percent. It has 28 settings, such as Buy block, Buy pip step exponent and Buy lot exponent. MQL source code included.

Files in the download: PROVERKA.mq4.

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

Settings

SettingDefaultWhat it does
Buy block------- -------
Buy pip step exponent1How much the lot size grows after a loss
Buy lot exponent1.69How much the lot size grows after a loss
Buy lot size0.01
Buy pip step30. PipStepExponent .
Buy tp10
Buy max trades1-
Sell block------- -------
Sell pip step exponent1How much the lot size grows after a loss
Sell lot exponent1.69How much the lot size grows after a loss
Sell lot size0.01
Sell pip step30Distance between orders
Sell tp10
Sell max trades1Maximum number of open trades
General block------- -------
Open new tf1
Open next tf5
Back barfalse
Back bar tf5, BackBar, .
Fix lottrue.
Lot step2000. .. LotStep LotSize. 2000 0.01, 4000 0.02
Official variable------- -------
Max attempts stringMaxAttempts=
Max attempts5- .
Information on chart stringInformationOnChart - ()
Information on charttrue, ()
Magic number5Magic number that tells this EA's orders apart
Lot decimal0

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 · Grid · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria