Silicon Ambitio
Silicon Ambitio — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses ATR. It places pending orders and moves the stop behind price. It has 11 settings, for example Magic (default 1101), Trigger Time (default 705) and ATR period (default 34). 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 Silicon Ambitio
Silicon Ambitio is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 11 settings, such as Magic, Trigger time and Atr period. MQL source code included.
Files in the download: Silicon_Ambition_v1.4.mq4, Текстовый документ.txt.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Magic | 1101 | Magic number that tells this EA's orders apart |
| Trigger time | 705 | 11:45 - Alpari |
| Atr period | 34 | Period or timeframe used by the calculation |
| Atr coeff | 130.0 | % |
| Shift | 10 | Points |
| Lot1 | 0.1 | |
| Lot2 | 0.2 | |
| Lot3 | 0.3 | |
| Use trail | true | Trailing stop distance or switch |
| Trail | 70 | Trailing stop distance or switch |
| Trail while minus | false | Trailing stop distance or switch |
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: Pending Orders · Trailing Stop & Break-even · ATR · MT4 Expert Advisor · MQL4 Source Code