Stop Trade V1.3
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Stop Trade V1.3. The file name marks it as version 1.3. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 28 settings, for example Work CLOSe BAR (default TRUE), BUY SELL correl (default FALSE) and BUY SELL lot correlation (default TRUE). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 10 settings files (.set). 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 · v1.3 · Free
About Stop Trade V1.3
Stop Trade V1.3 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 28 settings, such as Work clo se bar, Buy sell correl and Buy sell lot correlation. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Stop Trade v 1.3.ex4, Stop Trade v 1.3.mq4, Stop_Tr_v.1.3_M30_eurjpy_univ.set, Stop_Tr_v.1.3_M5_audusd_univ.set, Stop_Tr_v.1.3_M5_eurchf_univ.set, Stop_Tr_v.1.3_M5_eurgbp_univ.set, Stop_Tr_v.1.3_M5_eurusd_univ.set, Stop_Tr_v.1.3_M5_gbpusd_univ.set ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Work clo se bar | TRUE | |
| Buy sell correl | FALSE | |
| Buy sell lot correlation | TRUE | |
| Signal tipe | 5 | |
| Mode modif | 1 | |
| ______ | ---------------------------------- | |
| Lot const or not | FALSE | |
| Risk percent | 5.0 | Risk per trade (percent of balance) |
| Lot | 0.1 | Trade size in lots |
| Multiplier | 2.0 | How much the lot size grows after a loss |
| Max l | 0.0 | |
| _______ | ---------------------------------- | |
| N bar | 21 | |
| Period bars | 20 | Number of bars in the calculation |
| Sdwig bar | 7 | |
| Min channel | 50 | |
| _____ | ---------------------------------- | |
| Distance | 10 | Distance between orders |
| Mode close orders | 0 | |
| Stop loss | 30 | Stop loss distance |
| Take profit | 50 | Take profit distance |
| Protection tp | 40 | |
| Trailing stop | 10 | Trailing stop distance or switch |
| ____ | ---------------------------------- | |
| Magic | 777 | Magic number that tells this EA's orders apart |
| W | --- --- | |
| Data on graph | TRUE | |
| Show table on testing | TRUE |
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: Martingale · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code