Simple H1 GBPUSD EAv9
From the Old Kings archive: Simple H1 GBPUSD EAv9, an expert advisor (trading robot) for MetaTrader 4. In the code it works with moving averages and fractals. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 34 settings, for example TITLE (default Simple H1 GBPUSD EA V9), DETAILS (default Magic Number & Trade Com) and i Magic Number (default 54328108). 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 · v1.0 · Free
About Simple H1 GBPUSD EAv9
Simple H1 GBPUSD EAv9 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and Fractals. 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 34 settings, such as TITLE, Details and I magic number. MQL source code included.
Files in the download: SimpleH1_GBPUSD_EAv9.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 |
|---|---|---|
| TITLE | Simple H1 GBPUSD EA V9 | |
| Details | Magic Number & Trade Comment | |
| I magic number | 54328108 | Magic number that tells this EA's orders apart |
| Trade comment | EA V9 | Comment written on the orders |
| Main settings | TP1, TP2, SL and TSL settings. | |
| Take profit1 | 24 | Take profit distance |
| Take profit2 | 47 | Take profit distance |
| Stop loss | 140 | Stop loss distance |
| Use trailing | true | Trailing stop distance or switch |
| I trailing stop | 24 | Trailing stop distance or switch |
| Mm settings | Risk, Low 1% - Med 3% - High 5% | |
| Use money mgmt | false | |
| Low risk | false | Risk per trade (percent of balance) |
| Med risk | false | Risk per trade (percent of balance) |
| High risk | false | Risk per trade (percent of balance) |
| Very high risk | Choose Risk % for the V HIGH. | Risk per trade (percent of balance) |
| Vhigh risk | false | Risk per trade (percent of balance) |
| Risk percent | 1 | Risk per trade (percent of balance) |
| Manual lots | Set your fixed Lot Size 0.1 = $1 per pip | |
| Manual lot size | true | |
| Lotsize | 0.1 | Trade size in lots |
| Indicators | Standard Indicator Settings. | |
| Fast sma | 10 | |
| Slow sma | 197 | |
| Broker settings | GMT offset. | |
| Gm toffset | 2 | |
| Start time | 23 | |
| Hiding targets | Set to True to hide TP & SL. | |
| Hide targets | false | |
| Show levels | true | |
| Micro orders allowed | true | |
| Mini orders allowed | true | |
| Shows settings | Set to False when Testing or Optimising. | |
| Show settings | true |
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: GBPUSD · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Moving Average · Fractals · MT4 Expert Advisor · MQL4 Source Code