SHE Fire Bird V5.3
From the Old Kings archive: SHE Fire Bird V5.3, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 5.3. It can size trades from your risk. It has 15 settings, for example S1 (default --- ---), Num Back Bars (default 10) and App Price (default 0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 · v5.3 · Free
About SHE Fire Bird V5.3
SHE Fire Bird V5.3 is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 15 settings, such as S1, Num back bars and App price. MQL source code included.
Files in the download: SHE_FireBird_5_3~.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 |
|---|---|---|
| S1 | --- --- | |
| Num back bars | 10 | |
| App price | 0 | |
| S2 | --- ------------------ | |
| Set sl tp at open | FALSE | |
| Max profit | 100 | |
| Take profit | 10 | Take profit distance |
| Stop loss | 60 | Stop loss distance |
| Fixed first lot | 0.0 | |
| Risk perc | 1.0 | Risk per trade (percent of balance) |
| Margin call reserv | 200.0 | |
| Real minute delay | 2 | |
| Bars for order | 0 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Orders comment | SHE_FireBird_5_3_LR | Comment written on the orders |
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: Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code