The 20's V0.30 Ea
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called The 20's V0.30 Ea. The file name marks it as version 0.30. It moves the stop behind price and can size trades from your risk. It has 14 settings, for example Variation (default 0), Stoploss (default 50) and Trailing Stop (default 5). 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 · v0.30 · Free
About The 20's V0.30 Ea
The 20's V0.30 Ea is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 14 settings, such as Variation, Stoploss and Trailing stop. MQL source code included.
Files in the download: The 20's v0.30 [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 |
|---|---|---|
| Variation | 0 | |
| Stoploss | 50 | Stop loss distance |
| Trailing stop | 5 | Trailing stop distance or switch |
| Lock profit | 30 | |
| Take profit | 100 | Take profit distance |
| Lock out loss value | 10 | |
| Lock in profit | False | |
| Lock out loss | False | |
| Lot optimized | False | |
| Overwrite log | False | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Lots | 0.1 | Trade size in lots |
| Maximum risk | 0.02 | Risk per trade (percent of balance) |
| Decrease factor | 3 |
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: Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code