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Swiss Army EA 2

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Swiss Army EA 2. It can hold buy and sell positions together, places pending orders and moves the stop behind price. It has 40 settings, for example id (default ==== Identity Settings =), Symbol Specific (default TRUE) and Magic Num Specific (default FALSE). 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 and a PDF guide. 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 Swiss Army EA 2

Swiss Army EA 2 is an expert advisor (trading robot) for MetaTrader 4. It can hold buy and sell positions at the same time (hedging), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Id, Symbol specific and Magic num specific. MQL source code included.

It also trades only in the hours you set (time filter) and can size trades from your balance and risk percent.

Files in the download: SwissArmyEA_intro.pdf, Swiss_Army_EA_v1.51_Features.pdf, Swiss_Army_EA_v1.51~.mq4.

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

Settings

SettingDefaultWhat it does
Id==== Identity Settings ====
Symbol specificTRUE
Magic num specificFALSEMagic number that tells this EA's orders apart
Magic number9999Magic number that tells this EA's orders apart
Selective scanFALSE
Require all conditionsFALSE
Cond==== Conditions: General ====
Immediate activationFALSE
Time activationFALSE
Time hour23
Time minute55
Minimum free margin0
Free margin less thanFALSE
Pro cond==== Conditions: Profit-Based ====
Max profit dollar0
Max profit pip0
Max profit percent0
Loss cond==== Conditions: Loss-Based ====
Max loss dollar0
Max loss pip0
Max loss percent0
Action==== Actions: General ====
Close ordersFALSE
Hedge ordersFALSE
Mod action==== Actions: Modify Orders ====
Set take profitFALSETake profit distance
Set stoplossFALSEStop loss distance
Remove take profitFALSETake profit distance
Remove stoplossFALSEStop loss distance
Action==== Action Inputs ====
Take profit0Take profit distance
Stoploss0Stop loss distance
Otype==== Order Types: Standard ====
Allow all typesFALSE
Buy activeFALSE
Sell activeFALSE
Buy stopFALSE
Sell stopFALSE
Buy limitFALSE
Sell limitFALSE

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: Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria