Richard Sell BUYv.1.8
Richard Sell BUYv.1.8 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages. It places pending orders and has a news filter. It has 17 settings, for example Magic (default 800000), Exp Comment (default ValliRich(L)) and Semaphore On (default True). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Richard Sell BUYv.1.8
Richard Sell BUYv.1.8 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders and has a news filter. It has 17 settings, such as Magic, Exp comment and Semaphore on. MQL source code included.
Files in the download: Richard_SELL_ BUYv.1.8.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 |
|---|---|---|
| Magic | 800000 | Magic number that tells this EA's orders apart |
| Exp comment | ValliRich(L) | Comment written on the orders |
| Semaphore on | True | |
| Print com | False | |
| Series norm | 3 | |
| Series max | 10 | |
| Profit norm | 10 | in deposit currency, this is the goal while series has <= SeriesNorm orders |
| Profit danger | -3 | in deposit currency, this is the goal while series has >= SeriesNorm orders |
| Lot1 | 0.1 | |
| K | 2 | |
| Setup ma | -------------Setup MA------------- | |
| Time frame ma | 0 | 0 - |
| Period ma1 | 4 | Number of bars in the calculation |
| Period ma2 | 36 | Number of bars in the calculation |
| Period ma3 | 55 | Number of bars in the calculation |
| Method ma | 1 | (1- ) |
| App price ma | 0 | (0- Close) |
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 · News Trading · Moving Average · MT4 Expert Advisor · MQL4 Source Code