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Souce Of Fx Pips Blaster 2 3

Souce Of Fx Pips Blaster 2 3 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses moving averages. It works with a grid of orders, places pending orders and moves the stop behind price. It has 40 settings, for example magic (default 1234), closeall (default FALSE) and closelosses (default FALSE). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Souce Of Fx Pips Blaster 2 3

Souce Of Fx Pips Blaster 2 3 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Magic, Closeall and Closelosses. MQL source code included.

It also trades only in the hours you set (time filter) and can size trades from your balance and risk percent.

Files in the download: souce of fx pips blaster (2) (1).mq4.

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

Settings

SettingDefaultWhat it does
Magic1234Magic number that tells this EA's orders apart
CloseallFALSE
CloselossesFALSE
Minlosses100.0
MoneymanagementMoney Management
Lots0.1Trade size in lots
MmFALSE
Risk1.0Risk per trade (percent of balance)
Minlot0.01
Maxlot100.0
Lotdigits2.0
BasketpercentFALSE
Profit10.0
Loss30.0
OrdersmanagementOrder Management
IsbrokerecnFALSE
TimeoutFALSE
Timeminutes60.0
Maxorders200.0Maximum number of open trades
MaxtradesperpairFALSEMaximum number of open trades
Maxtradespercent50.0Maximum number of open trades
Pipstep0.0Distance between orders
HideslFALSE
HidetpFALSE
Lstoploss0.0Stop loss distance
Sstoploss0.0Stop loss distance
DynamicslFALSE
Atrperiod14Period or timeframe used by the calculation
Atrmultiple1.0How much the lot size grows after a loss
Atrtimeframe1440Period or timeframe used by the calculation
Atrshift1Bar shift (0 = current bar)
Ltakeprofit10.0Take profit distance
Stakeprofit10.0Take profit distance
Ltrailingstop20.0Trailing stop distance or switch
Strailingstop10.0Trailing stop distance or switch
Slippage1Maximum slippage allowed when opening a trade
EntrylogicsEntry Logics
Closetimeframe5Period or timeframe used by the calculation
Closeshift0Bar shift (0 = current bar)
Matimeframe5Period or timeframe used by the calculation

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: Grid · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria