The Holy Grail V1.6 With ECN 2
The Holy Grail V1.6 With ECN 2 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 1.6. Its source code uses RSI and moving averages. It raises the lot size after losses (martingale — high risk), can size trades from your risk and has a news filter. It has 19 settings, for example Magic (default 3997265), Key (default SC) and Rsi (default 3). 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 · v1.6 · Free
About The Holy Grail V1.6 With ECN 2
The Holy Grail V1.6 With ECN 2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI and Moving Average. It increases the lot size after a losing trade (martingale), can size trades from your balance and risk percent and has a news filter. It has 19 settings, such as Magic, Key and Rsi. MQL source code included.
It also works on several symbols at once.
Files in the download: The Holy Grail v1.6 with ECN.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 |
|---|---|---|
| Magic | 3997265 | Magic number that tells this EA's orders apart |
| Key | SC | |
| Rsi | 3 | |
| Criminal is ecn | false | |
| Lot size | 0 | Trade size in lots |
| Take | 25 | |
| Stop | 100 | |
| Max trades allowed | 5 | Maximum number of open trades |
| Use tp atr | true | |
| Atr period | 14 | Period or timeframe used by the calculation |
| Atr tp multiplier | 1 | How much the lot size grows after a loss |
| Hrd | D1=1440: W1=10080: MN=40320 | |
| Atr tp tf | 240 | |
| Use sl atr | true | |
| Atr sl multiplier | 1 | How much the lot size grows after a loss |
| Atr sl tf | 1440 | |
| Ea manages trades | true | |
| Bep | 50 | |
| Gmt shift | -5 | Bar shift (0 = current bar) |
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: Martingale · Risk & Lot Size · News Trading · Multi-Currency · RSI · Moving Average · MT4 Expert Advisor · MQL4 Source Code