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Russian20 HP1

From the Old Kings archive: Russian20 HP1, an expert advisor (trading robot) for MetaTrader 4. In the code it works with moving averages and Momentum. It has a trading-hours filter and can size trades from your risk. It has 16 settings, for example l Take Profit (default 20), s Take Profit (default 20) and cl Open Buy (default Blue). 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 Russian20 HP1

Russian20 HP1 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and Momentum. It trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 16 settings, such as L take profit, S take profit and Cl open buy. MQL source code included.

Files in the download: russian20-HP1.mq4.

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

Settings

SettingDefaultWhat it does
L take profit20Take profit distance
S take profit20Take profit distance
Cl open buyBlue
Cl close buyAqua
Cl open sellRed
Cl close sellViolet
Cl modi buyBlue
Cl modi sellRed
Name expertGenerate from Gordago
Slippage1Maximum slippage allowed when opening a trade
Use hour tradefalse
From hour trade1414
To hour trade1616
Use soundTrueTurn this alert on or off
Name file soundalert.wavTurn this alert on or off
Lots1Trade size in lots

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: Time Filter · Risk & Lot Size · Moving Average · Momentum · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria