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Take Profit EA Hi Lo Trade Away

Take Profit EA Hi Lo Trade Away is a script for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the daily high / low range. It has 6 settings, for example First Target (default 10), Target Increment (default 6) and Close Lots (default 0.1). Drop it on a demo chart first to see exactly what it does. 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.

Script · MT4 · v1.0 · Free

About Take Profit EA Hi Lo Trade Away

Take Profit EA Hi Lo Trade Away is a script for MetaTrader 4. It has 6 settings, such as First target, Target increment and Close lots. MQL source code included.

Files in the download: TakeProfit EA HiLoTradeAway.mq4.

Settings

SettingDefaultWhat it does
First target10
Target increment6
Close lots0.1
First stop10
Stop differential0
Move stopstrue

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 → Scripts.
  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 script onto a chart to run it once.

Download the PDF guide

Tags: MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria