Reticolo FX
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Reticolo FX. In the code it works with ATR. It places pending orders, handles several symbols and is set up for gold. It has 12 settings, for example lot size (default 0.01), target profit (default 10.0) and minimum step (default 20). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 8 EA files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Reticolo FX
Reticolo FX is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It places pending buy/sell stop or limit orders, works on several symbols at once and is set up for gold (XAUUSD). It has 12 settings, such as Lot size, Target profit and Minimum step. MQL source code included.
Files in the download: ReticoloFX_Basket_JPY.mq4, ReticoloFX_Basket_USD.mq4, ReticoloFX_Ring_AUD-NZD-USD.mq4, ReticoloFX_Ring_CAD-EUR-USD.mq4, ReticoloFX_Ring_CHF-EUR-USD.mq4, ReticoloFX_Ring_CHF-GBP-JPY.mq4, ReticoloFX_Ring_EUR-GBP-USD.mq4, ReticoloFX_Ring_EUR-JPY-USD.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 |
|---|---|---|
| Lot size | 0.01 | |
| Target profit | 10.0 | |
| Minimum step | 20 | Distance between orders |
| Stop after close | FALSE | |
| Trend following | TRUE | |
| Closeby enabled | TRUE | |
| On hold | FALSE | |
| Show next trades | TRUE | |
| Show open trades | TRUE | |
| Show alert | FALSE | Turn this alert on or off |
| Play sound | FALSE | Turn this alert on or off |
| Comment | Comment written on the orders |
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 · Multi-Currency · Gold (XAUUSD) · ATR · MT4 Expert Advisor · MQL4 Source Code