Ro Nz Auto SL TS TP 2 2
From the Old Kings archive: Ro Nz Auto SL TS TP 2 2, an expert advisor (trading robot) for MetaTrader 4. In the code it works with moving averages. It moves the stop behind price. It has 10 settings, for example Take Profit (default 500), Stop Loss (default 250) and SLn TPMode (default Client). 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 Ro Nz Auto SL TS TP 2 2
Ro Nz Auto SL TS TP 2 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It moves the stop loss behind price (trailing stop / break-even). It has 10 settings, such as Take profit, Stop loss and S ln tp mode. MQL source code included.
Files in the download: RoNz_Auto_SL-TS-TP (1).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 | 500 | Take profit distance |
| Stop loss | 250 | Stop loss distance |
| S ln tp mode | Client | |
| Lock profit after | 100 | Target Pips to Lock Profit |
| Profit lock | 60 | Profit To Lock |
| Trailing stop method | TS_STEP_DISTANCE | Trailing Method |
| Trailing stop | 50 | Trailing Stop |
| Trailing step | 10 | Trailing Stop Step |
| Chart symbol selection | AllOpenOrder | |
| Enable alert | false | Enable Alert |
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 · Moving Average · MT4 Expert Advisor · MQL4 Source Code