Quantum EA EDU
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Quantum EA EDU. It can hold buy and sell positions together, places pending orders and moves the stop behind price. It has 26 settings, for example Lots (default 0.1), Risk Management (default false) and Risk Percent (default 11). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files 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 Quantum EA EDU
Quantum EA EDU is an expert advisor (trading robot) for MetaTrader 4. It can hold buy and sell positions at the same time (hedging), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 26 settings, such as Lots, Risk management and Risk percent. MQL source code included.
It also trades only in the hours you set (time filter), can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: QuantumEA_EDU.ex4, QuantumEA_EDU.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 |
|---|---|---|
| Lots | 0.1 | lots |
| Risk management | false | money management |
| Risk percent | 11 | risk in percentage |
| Timecontrol | 1 | 1 - included, 0 - excluded. |
| Starttime | 1 | |
| Stoptime | 4 | |
| Bbu size | 19 | |
| Sl margin | 0 | added to TP |
| Tp margin | 0 | added to SL |
| Trailing stop | 52 | Trailing stop distance or switch |
| Trailing shag | 2 | Trailing stop distance or switch |
| Stepfast | 0.033 | Distance between orders |
| Maximumfast | 0.41 | |
| Stepslow | 0.003 | Distance between orders |
| Maximumslow | 0.02 | |
| Barsearch | 3 | |
| Otstup | 165 | |
| Ur1 | 44 | |
| Ur2 | 117 | |
| Max orders | 9 | Maximum number of open trades |
| Expiration | 0 | |
| Dellimtorder | true | Enable removal orders |
| Hourdelord | 7 | Time to delete all pending orders |
| Hedge | false | |
| Reverse | true | |
| Magic | 2011 | Magic number that tells this EA's orders apart |
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: Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Scalping · MT4 Expert Advisor · MQL4 Source Code