SMC Hi Lo V11.mq4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called SMC Hi Lo V11.mq4. Judging by its name, it is built around smart-money concepts (market structure, order blocks) and the daily high / low range. The file name marks it as version 11. In the code it works with moving averages and ATR. It places pending orders, moves the stop behind price and can size trades from your risk. It has 5 settings, for example Take Profit (default 50), Lots (default 0.1) and Initial Stop (default 10). 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 · v11 · Free
About SMC Hi Lo V11.mq4
SMC Hi Lo V11.mq4 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and ATR. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 5 settings, such as Take profit, Lots and Initial stop. MQL source code included.
Files in the download: SMC HiLo v11.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 |
|---|---|---|
| Take profit | 50 | Take profit distance |
| Lots | 0.1 | Trade size in lots |
| Initial stop | 10 | |
| Trailing stop | 10 | Trailing stop distance or switch |
| Set hour | 13 |
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: Smart Money (SMC / ICT) · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Moving Average · ATR · MT4 Expert Advisor · MQL4 Source Code