Shivaexperts
Shivaexperts is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It can hold buy and sell positions together, places pending orders and moves the stop behind price. It has 12 settings, for example _ (default Risk/Profit Management ), __ (default Money Management ) and ___ (default Account Information ). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 7 EA files 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 Shivaexperts
Shivaexperts is an expert advisor (trading robot) for MetaTrader 4. It can hold buy and sell positions at the same time (hedging), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 12 settings, such as _, __ and ___. MQL source code included.
It also can size trades from your balance and risk percent and works on several symbols at once.
Files in the download: FXi_Alpha_Expert-Advisor.mq4, FiboPivotPoints.mqh, Logging.mqh, MoneyManagement.mqh, stderror.mqh, stdlib.mqh, Trading.mqh, WinUser32.mqh ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| _ | Risk/Profit Management | |
| __ | Money Management | |
| ___ | Account Information | |
| ____ | Trailing Stop Management | |
| Trailing stop mode | 0 | Trailing stop distance or switch |
| Time specific | false | |
| _____ | Strategy Types: Which strategy to do you | |
| Strategy index | 1 | |
| ______ | Simple Hedging Strategy: Adjust if your | |
| Hma | HMA Indicator Settings | |
| Hma period | 33 | Period or timeframe used by the calculation |
| Hma mode | 3 |
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: Hedging · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code