Loading…

Stochea Mm V4

Stochea Mm V4 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 4. Its source code uses RSI, the Stochastic oscillator and an oscillator. It moves the stop behind price and can size trades from your risk. It has 17 settings, for example mm (default 1), reinv (default 10) and Magic Number (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. 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 · v4 · Free

About Stochea Mm V4

Stochea Mm V4 is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Stochastic and Oscillator. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 17 settings, such as Mm, Reinv and Magic number. MQL source code included.

Files in the download: Stoch EA-mm-V4.mq4.

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

Settings

SettingDefaultWhat it does
Mm1
Reinv10
Magic number0Magic number that tells this EA's orders apart
Signal mailFalse
Each tick modeFalse
Lots0.1Trade size in lots
Slippage3Maximum slippage allowed when opening a trade
Use stop lossTrueStop loss distance
Stop loss200Stop loss distance
Use take profitTrueTake profit distance
Take profit600Take profit distance
Use trailing stopFalseTrailing stop distance or switch
Trailing stop30Trailing stop distance or switch
Max lots50
EmergencystoplossTrueStop loss distance
StoponslowstochTrue
T pon wprTrue

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: Risk & Lot Size · Trailing Stop & Break-even · RSI · Stochastic · Oscillator · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria