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Proverka3 Tral

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Proverka3 Tral. In the code it works with moving averages. It moves the stop behind price. It has 10 settings, for example LMA (default 5), MMA (default 21) and MA1Type (default 2). 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 Proverka3 Tral

Proverka3 Tral is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even). It has 10 settings, such as LMA, MMA and Ma1 type. MQL source code included.

Files in the download: proverka3_tral.mq4.

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

Settings

SettingDefaultWhat it does
LMA5
MMA21
Ma1 type20..3/
Ma2 type20..3/
Price1 type50..6/
Price2 type50..6/
Ma1 shift3Bar shift (0 = current bar)
Ma2 shift3Bar shift (0 = current bar)
SL50Stop loss distance
TP80Take profit distance

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: Trailing Stop & Break-even · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria