Random Walker
Random Walker — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It moves the stop behind price. It has 8 settings, for example Take Profit (default 150), Stop Loss (default 35) and l Trailing Stop (default 20). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Random Walker
Random Walker is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 8 settings, such as Take profit, Stop loss and L trailing stop. MQL source code included.
Files in the download: Random_walker.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 |
|---|---|---|
| Take profit | 150 | Take profit distance |
| Stop loss | 35 | Stop loss distance |
| L trailing stop | 20 | Trailing stop distance or switch |
| S trailing stop | 20 | Trailing stop distance or switch |
| Cnt | ||
| Total | ||
| Use sound | False | Turn this alert on or off |
| Name file sound | expert.wav | Turn this alert on or off |
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: Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code