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Sashken2

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Sashken2. In the code it works with RSI, the Stochastic oscillator and moving averages. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 40 settings, for example Signal 1 (default ===== 1 =====), Signal 1 (default true) and Signal 1 1 (default true). 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 Sashken2

Sashken2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Stochastic and Moving Average. It moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 40 settings, such as Signal 1, Signal 1 and Signal 1 1. MQL source code included.

Files in the download: sashken2.mq4.

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

Settings

SettingDefaultWhat it does
Signal 1===== 1 =====
Signal 1true
Signal 1 1true
Ma1 period7Period or timeframe used by the calculation
Ma1 mode2
Ma1 price4
Ma2 period20Period or timeframe used by the calculation
Ma2 mode1
Ma2 price0
Signal 2===== 2 =====
Signal 2false
Cci1 period50Period or timeframe used by the calculation
Cci1 price0
Cci1 buy0
Cci1 sell0
Signal 3===== 3 =====
Signal 3false
Rsi1 period20Period or timeframe used by the calculation
Rsi1 price0
Rsi1 buy50
Rsi1 sell50
Signal 4===== 4 =====
Signal 4false
B1===== Stohastic =====
B1 k period50Period or timeframe used by the calculation
B1 d period10Period or timeframe used by the calculation
B1 slowing10
B1 k zn30
Uslovia===== , , , =====
Take profit30Take profit distance
Stop loss0Stop loss distance
Trailing stop0Trailing stop distance or switch
Lots2Trade size in lots
Sdelki===== - =====
Sdelki2
Use close===== / =====
Use close0
Revers===== ( BUY-SELL) =====
Revers trade1
Money managementtrue

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: Trailing Stop & Break-even · Time Filter · Risk & Lot Size · RSI · Stochastic · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria