Pzvws2008
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Pzvws2008. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 11 settings, for example Start1 (default 0), EOD (default 19) and Friday Closing (default 22). 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 Pzvws2008
Pzvws2008 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 11 settings, such as Start1, EOD and Friday closing. MQL source code included.
Files in the download: pzvws2008.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 |
|---|---|---|
| Start1 | 0 | begin of the first session; time adjust by your broker time |
| EOD | 19 | time for closing orders at end of day |
| Friday closing | 22 | broker friday closing time |
| First session only | 0 | if it equals 0, it trades the first range only |
| Lots | 0.02 | Trade size in lots |
| Lots if no mm | 0.01 | |
| Use mm | true | |
| Mm risk factor | 0.3 | Risk per trade (percent of balance) |
| Mm balance exclude amt | 0 | |
| Mm balance share divisor | 1 | |
| Min chan width | 100 |
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: Pending Orders · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code