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The Holy Grail V1.6 Charvo 3

The Holy Grail V1.6 Charvo 3 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 1.6. Its source code uses RSI, moving averages and ATR. It can size trades from your risk, has a news filter and handles several symbols. It has 6 settings, for example Magic (default 1601), GMTShift (default -6) and Key (default Charvo Customized HG v1.). 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 · v1.6 · Free

About The Holy Grail V1.6 Charvo 3

The Holy Grail V1.6 Charvo 3 is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Moving Average and ATR. It can size trades from your balance and risk percent, has a news filter and works on several symbols at once. It has 6 settings, such as Magic, Gmt shift and Key. MQL source code included.

Files in the download: The Holy Grail v1.6_charvo.mq4.

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

Settings

SettingDefaultWhat it does
Magic1601Magic number that tells this EA's orders apart
Gmt shift-6Bar shift (0 = current bar)
KeyCharvo Customized HG v1.6
Order limit6
Lot fixedtrue
Fixed lot0.01Trade size in lots

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: Risk & Lot Size · News Trading · Multi-Currency · RSI · Moving Average · ATR · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria