Robot2050 Short
From the Old Kings archive: Robot2050 Short, an expert advisor (trading robot) for MetaTrader 4. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 5 settings, for example Lots (default 0.01), Max Trades (default 100) and Use Hour Trade (default FALSE). 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 Robot2050 Short
Robot2050 Short is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 5 settings, such as Lots, Max trades and Use hour trade. MQL source code included.
Files in the download: Robot2050_ Short.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 |
|---|---|---|
| Lots | 0.01 | Trade size in lots |
| Max trades | 100 | Maximum number of open trades |
| Use hour trade | FALSE | |
| Start hour | 0 | Hour when trading starts (server time) |
| End hour | 8 | Hour when trading stops (server time) |
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 · Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code