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Pyramide Mod

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Pyramide Mod. The file name marks it as a modified edition. In the code it works with ATR. It places pending orders and moves the stop behind price. It has 14 settings, for example Profit In Currency Stop (default 0), Loss In Currency Stop (default 99999) and MAGIC (default 13123123). 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 Pyramide Mod

Pyramide Mod is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 14 settings, such as Profit in currency stop, Loss in currency stop and MAGIC. MQL source code included.

Files in the download: Pyramide mod.mq4.

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

Settings

SettingDefaultWhat it does
Profit in currency stop0$
Loss in currency stop99999$
MAGIC13123123Magic number that tells this EA's orders apart
Lot10.01
Lot20.01
Lot30.02
Lot40.04
Lot50.08
At rbars50
Step2Distance between orders
Offset2
Parts1
Use trailingTrueTrailing stop distance or switch
Profit trailingTrueTrailing stop distance or switch

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: Pending Orders · Trailing Stop & Break-even · ATR · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria