Stlm Ftlm Trade
Stlm Ftlm Trade is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It moves the stop behind price. It has 15 settings, for example Time Frame Rab (default PERIOD_H1), Time Frame Sig (default PERIOD_H4) and Wait Close Bar Rab (default true). 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 Stlm Ftlm Trade
Stlm Ftlm Trade is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even). It has 15 settings, such as Time frame rab, Time frame sig and Wait close bar rab. MQL source code included.
Files in the download: STLM_FTLM_Trader.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 |
|---|---|---|
| Time frame rab | PERIOD_H1 | Period or timeframe used by the calculation |
| Time frame sig | PERIOD_H4 | Period or timeframe used by the calculation |
| Wait close bar rab | true | |
| Wait close bar sig | true | |
| Need sound | true | Turn this alert on or off |
| File sound | alert.wav | Turn this alert on or off |
| Lots | 0.1 | Trade size in lots |
| Take profit | 0 | Take profit distance |
| Stop loss | 0 | Stop loss distance |
| Bezub level | 15 | |
| Bezub size | 5 | |
| Trail stop | 25 | Trailing stop distance or switch |
| Trail step | 5 | Trailing stop distance or switch |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Orders comment | STLM_FTLM_Trader | Comment written on the orders |
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: Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code