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Smart Ac Trader

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Smart Ac Trader. In the code it works with MACD, moving averages, Bollinger Bands and Momentum. It moves the stop behind price and can size trades from your risk. It has 18 settings, for example USEMOVETOBREAKEVEN (default true), WHENTOMOVETOBE (default 10) and PIPSTOMOVESL (default 5). 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 Smart Ac Trader

Smart Ac Trader is an expert advisor (trading robot) for MetaTrader 4 based on MACD, Moving Average, Bollinger Bands and Momentum. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 18 settings, such as Usemovetobreakeven, Whentomovetobe and Pipstomovesl. MQL source code included.

Files in the download: Smart AC Trader.mq4, Best Trading Systems.url.

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

Settings

SettingDefaultWhat it does
UsemovetobreakeventrueEnable "no loss"
Whentomovetobe10When to move break even
Pipstomovesl5How much pips to move sl
Lotsize0.01Lot size
Trailing stop30TrailingStop pips distance
Stop loss5Stop Loss pips distance
Take profit5Take Profit pips distance
Increase factor0.001IncreaseFactor
Fast ma1FastMA
Slow ma5SlowMA
Mom sell0.3Momentum_Sell
Mom buy0.3Momentum_Buy
Magic number562148Magic Number
TimesetTimeset
Start0Start hour
End24End hour
Maximum loss10Maximum allowed loss
Wait time180Wait time for loss in minutes

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 · Risk & Lot Size · MACD · Moving Average · Bollinger Bands · Momentum · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria