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Suv2

From the Old Kings archive: Suv2, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD. It works with a grid of orders, places pending orders and moves the stop behind price. It has 7 settings, for example Calculation Start Lot (default ======= Calculation Star), Charts (default 1) and Total Equity Risk (default 4.0). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Suv2

Suv2 is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 7 settings, such as Calculation start lot, Charts and Total equity risk. MQL source code included.

It also can size trades from your balance and risk percent.

Files in the download: 434_SUv2.mq4, Текстовый документ.txt.

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

Settings

SettingDefaultWhat it does
Calculation start lot======= Calculation StartLots ======
Charts1
Total equity risk4.0Risk per trade (percent of balance)
Properties=========== Properties ===========
Pip step50Distance between orders
T pmax250.0
T pmin100.0

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: Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MACD · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria