The King EA V1
The King EA V1 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 1. Its source code uses ATR. It places pending orders. It has 10 settings, for example gestione trade (default ------------------------), Lot (default 0.01) and Chiusura Trade al Pip (default true). 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 · Free
About The King EA V1
The King EA V1 is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It places pending buy/sell stop or limit orders. It has 10 settings, such as Gestione trade, Lot and Chiusura trade al pip. MQL source code included.
Files in the download: THE KING _EA_v1.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 |
|---|---|---|
| Gestione trade | ------------------------------ | |
| Lot | 0.01 | Trade size in lots |
| Chiusura trade al pip | true | |
| Moltipl | 0.5 | |
| Pip utile chiusura trade | 1 | |
| Profitto chiusura trade | 0 | |
| Atr breve period | 14 | Period or timeframe used by the calculation |
| Atr lungo period | 100 | Period or timeframe used by the calculation |
| Magic number | 1002 | Magic number that tells this EA's orders apart |
| Print report | false |
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: Pending Orders · ATR · MT4 Expert Advisor · MQL4 Source Code