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Suicidio

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Suicidio. In the code it works with RSI, Bollinger Bands and ATR. It places pending orders and moves the stop behind price. It has 25 settings, for example LOTS (default 0.01), START OP (default 0) and MULT FACTOR (default 2). 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 Suicidio

Suicidio is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Bollinger Bands and ATR. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 25 settings, such as LOTS, Start op and Mult factor. MQL source code included.

Files in the download: Suicidio.mq4.

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

Settings

SettingDefaultWhat it does
LOTS0.01Trade size in lots
Start op0
Mult factor2
MAGIC1111Magic number that tells this EA's orders apart
Max buy100
Max sell100
Height channel4pips
Reduce channel0pips
Start profit0.1
SL3Stop loss distance
TP5Take profit distance
TRAILtrueTrailing stop distance or switch
Trail compensationtrueTrailing stop distance or switch
Use errorfalse
Use rsifalse
Rsi period14Period or timeframe used by the calculation
Rsi price00-6
Rsi shift0Bar shift (0 = current bar)
Rsi limit50
Use bandfalse
Band limit0.002
Use spikefalse
Spike val0.002
Use atrfalse
Atr val0.004

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: Pending Orders · Trailing Stop & Break-even · RSI · Bollinger Bands · ATR · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria