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Steady Winner V6.0

From the Old Kings archive: Steady Winner V6.0, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 6.0. In the code it works with moving averages, Momentum and an oscillator. It works with a grid of orders, has a trading-hours filter and can size trades from your risk. It has 14 settings, for example Note Risk (default Trade Lot Risk %: 0.50 -), Trade Lot Risk Percent (default 2.0) and Note Scale (default Test Lot Scaling: 0.00 -). 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 · v6.0 · Free

About Steady Winner V6.0

Steady Winner V6.0 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, Momentum and Oscillator. It opens a grid of orders at fixed price steps, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 14 settings, such as Note risk, Trade lot risk percent and Note scale. MQL source code included.

Files in the download: STW 6.mq4.

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

Settings

SettingDefaultWhat it does
Note riskTrade Lot Risk %: 0.50 - 6.00Risk per trade (percent of balance)
Trade lot risk percent2.0Risk per trade (percent of balance)
Note scaleTest Lot Scaling: 0.00 - 1.00
Test lot scale0.01
Note spreadMax Spreads: 2.0 - 4.0Maximum spread allowed to trade
Max spread4.0Maximum spread allowed to trade
Note friTrade after Friday Cut Hour
Trade late friFALSE
Friday cut hour15
Note decTrade on December Cut Date (15)
Trade late decFALSE
Note eaMagic No.& Comments, pls change it
Magic no111222Magic number that tells this EA's orders apart
Comment txtSW-V6Comment written on the orders

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 · Time Filter · Risk & Lot Size · Moving Average · Momentum · Oscillator · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria