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RTC4NNCS Trial

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called RTC4NNCS Trial. In the code it works with RSI. It places pending orders, moves the stop behind price and can size trades from your risk. It has 40 settings, for example Trade Enable (default TRUE), Auto Detect5Digits (default TRUE) and Magic Number (default 888). 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 RTC4NNCS Trial

RTC4NNCS Trial is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 40 settings, such as Trade enable, Auto detect5 digits and Magic number. MQL source code included.

Files in the download: RTC4NNCS-TRIAL~.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Trade enableTRUE
Auto detect5 digitsTRUE
Magic number888Magic number that tells this EA's orders apart
Use spesific profit by magic numberFALSEMagic number that tells this EA's orders apart
Magic number target888Magic number that tells this EA's orders apart
Max total open for each50.0
Auto order distance sizeFALSEDistance between orders
Order distance size10.0Distance between orders
Use trading buyFALSE
Use trading sellFALSE
Technical analysisChoose the combination of Technical Anal
Use smart support resitantFALSE
Use neural networkTRUE
Balance1000.0
End target20000.0
Use target rolloverTRUE
Profit rollover200.0
Step gain profit total40.0Distance between orders
Step gain profit buy40.0Distance between orders
Step gain profit sell40.0Distance between orders
Use auto smart close profitFALSE
Scale profit close1.0
Min difference buy sell1
Lot size0.01Trade size in lots
Use auto lot sizeFALSE
Base equity1000.0
Take profit4000.0Take profit distance
Tp band7.0
Use extra pipFALSE
Extra pip buy3.0
Extra pip sell3.0
Stop loss0.0Stop loss distance
Trailing stop buy0.0Trailing stop distance or switch
Trailing stop sell0.0Trailing stop distance or switch
Slippage2.0Maximum slippage allowed when opening a trade
Consider spreadFALSEMaximum spread allowed to trade
Close all manuallyFALSE
Use cutloss minus buy sell profitFALSE
Cutloss minus profit buy-99.0
Cutloss minus profit sell-99.0

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria