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The Holy Grail V1.6 With ECN

From the Old Kings archive: The Holy Grail V1.6 With ECN, an expert advisor (trading robot) for MetaTrader 4. The file name marks it as version 1.6. In the code it works with 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). Watch it on a demo account for a while — robots can behave differently with each broker. 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

The Holy Grail V1.6 With ECN 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

SettingDefaultWhat it does
Magic3997265Magic number that tells this EA's orders apart
KeySC
Rsi3
Criminal is ecnfalse
Lot size0Trade size in lots
Take25
Stop100
Max trades allowed5Maximum number of open trades
Use tp atrtrue
Atr period14Period or timeframe used by the calculation
Atr tp multiplier1How much the lot size grows after a loss
HrdD1=1440: W1=10080: MN=40320
Atr tp tf240
Use sl atrtrue
Atr sl multiplier1How much the lot size grows after a loss
Atr sl tf1440
Ea manages tradestrue
Bep50
Gmt shift-5Bar shift (0 = current bar)

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

Old Kings — classic MT4 & MT5 collection · PolyMaria