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Samsamov After Open

From the Old Kings archive: Samsamov After Open, an expert advisor (trading robot) for MetaTrader 4. In the code it works with RSI. It can size trades from your risk. It has 16 settings, for example l Stop Loss (default 12), s Stop Loss (default 12) and l Take Profit (default 500). 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 Samsamov After Open

Samsamov After Open is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It can size trades from your balance and risk percent. It has 16 settings, such as L stop loss, S stop loss and L take profit. MQL source code included.

Files in the download: samsamov_after_open.mq4.

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

Settings

SettingDefaultWhat it does
L stop loss12Stop loss distance
S stop loss12Stop loss distance
L take profit500Take profit distance
S take profit500Take 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 soundFalseTurn this alert on or off
Name file soundalert.wavTurn this alert on or off
Lots25Trade size in lots
Open order period5Period or timeframe used by the calculation

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: Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria