Retranslator Best Copier
From the Old Kings archive: Retranslator Best Copier, an expert advisor (trading robot) for MetaTrader 4. It places pending orders, can size trades from your risk and has a news filter. It has 40 settings, for example p1 (default :), Receiver Name (default 0) and p2 (default :). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 4 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 Retranslator Best Copier
Retranslator Best Copier is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, can size trades from your balance and risk percent and has a news filter. It has 40 settings, such as P1, Receiver name and P2. MQL source code included.
Files in the download: RS-Trader_v1.08.ex4, RS-Investor_v1.08.ex4, RS-Investor_v1.08~.mq4, RS-Trader_v1.08~.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 |
|---|---|---|
| P1 | : | |
| Receiver name | 0 | |
| P2 | : | |
| Source total | 1 | |
| P3 | : | |
| Slippage | 30 | Maximum slippage allowed when opening a trade |
| P4 | , : | |
| Dialogues | FALSE | |
| P5 | , : | |
| Sounds | TRUE | Turn this alert on or off |
| P6 | , : | |
| Comments | TRUE | Comment written on the orders |
| Source name | 0 | |
| Source id | 1 | |
| Terminal dir | E:\\Programs\\MetaTrader 4_R | |
| Filter market price | 50 | |
| P7 | .: | |
| Filter pending price | 200 | |
| P8 | : | |
| Fixed lot | 0.0 | |
| P9 | c : | |
| Balance lot | TRUE | |
| P10 | , : | |
| Lots k | 1.0 | |
| P11 | : | |
| Symbol correction | 0 | |
| P12 | : | |
| Symbol file | FALSE | |
| P44 | : | |
| Opening two sendings | FALSE | |
| P13 | . | |
| P14 | : | |
| Opening market orders | TRUE | |
| P15 | : | |
| Opening pending orders | TRUE | |
| P16 | : | |
| Modifying market orders | TRUE | |
| P17 | : | |
| Modifying pending orders | TRUE | |
| P18 | : |
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: Trade Copier · Pending Orders · Risk & Lot Size · News Trading · MT4 Expert Advisor · MQL4 Source Code