Super Signals Channel.EA
From the Old Kings archive: Super Signals Channel.EA, an expert advisor (trading robot) for MetaTrader 4. Its name points to price channels and buy / sell signals on the chart. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 40 settings, for example magic (default 1234), moneymanagement (default Money Management) and lots (default 0.1). 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 · v1.0 · Free
About Super Signals Channel.EA
Super Signals Channel.EA is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 40 settings, such as Magic, Moneymanagement and Lots. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent.
Files in the download: super-signals-channel.EA.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 |
|---|---|---|
| Magic | 1234 | magic number required if you use different settings on a same pair, same timeframe |
| Moneymanagement | Money Management | |
| Lots | 0.1 | lots size |
| Mm | false | enable risk management |
| Risk | 1 | risk in percentage of the account |
| Minlot | 0.01 | minimum lots size |
| Maxlot | 100 | maximum lots size |
| Lotdigits | 2 | lot digits, 1=0.1, 2=0.01 |
| Martingale | false | enable the martingale, set maxtrades to 1 |
| Multiplier | 2.0 | multiplier used for the martingale |
| Profitmanagement | Profit Management | |
| Basketpercent | false | enable the basket percent |
| Profit | 0.1 | close all orders if a profit of 10 percents has been reached |
| Loss | 100 | close all orders if a loss of 30 percents has been reached |
| Basketpips | false | enable the basket pips |
| Profitpips | 10 | close all orders if a profit of 10 percents has been reached |
| Losspips | 10000 | close all orders if a loss of 30 percents has been reached |
| Basketdollars | false | enable basket dollars |
| Dollars | 5 | target in dollars |
| Ordersmanagement | Order Management | |
| Ecn | false | make the expert compatible with ecn brokers |
| Oppositeclose | true | close the orders on an opposite signal |
| Reversesignals | false | reverse the signals, long if short, short if long |
| Maxtrades | 1 | maximum trades allowed by the traders |
| Tradesperbar | 1 | maximum trades per bar allowed by the expert |
| Hidesl | false | hide stop loss |
| Hidetp | false | hide take profit |
| Stoploss | 0 | stop loss |
| Takeprofit | 0 | take profit |
| Trailingstart | 0 | profit in pips required to enable the trailing stop |
| Trailingstop | 0 | trailing stop |
| Trailingprofit | 0 | trailing profit |
| Trailingstep | 1 | margin allowed to the market to enable the trailing stop |
| Breakevengain | 0 | gain in pips required to enable the break even |
| Breakeven | 0 | break even |
| Expiration | 1440 | expiration in minutes for pending orders |
| Slippage | 0 | maximum difference in pips between signal and order |
| Maxspread | 0 | maximum spread allowed by the expert, 0=disabled |
| Adstopsmanagement | Advanced Stops Management | |
| Slfactor | 0 | enable dynamic stoploss if different of 0 |
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: Channels & Envelopes · Buy/Sell Arrows · Martingale · Grid · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code