Tica (E3)
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Tica (E3). In the code it works with RSI. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example os (default ), Lot (default 0.1) and use percent of deposit (default false). 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 · v1.0 · Free
About Tica (E3)
Tica (E3) is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Os, Lot and Use percent of deposit. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: Tica (e3).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 |
|---|---|---|
| Os | ||
| Lot | 0.1 | Trade size in lots |
| Use percent of deposit | false | |
| Risk | 1 | Risk per trade (percent of balance) |
| Stop loss | 50 | Stop loss distance |
| Take profit | 50 | Take profit distance |
| Pus1 | ||
| V s t | Virtual_SL_TP | |
| Use virtual stops | true | |
| V stop loss | 50 | Stop loss distance |
| V take profit | 50 | Take profit distance |
| Pus2 | ||
| Slug | ||
| Use transform 4 dig | false | 4- |
| Use revers | false | - |
| Use oposite exit | false | |
| Use custom exit | false | |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Magic | 433144 | Magic number that tells this EA's orders apart |
| Comment | Tica | Comment written on the orders |
| Max attempts | 4 | |
| Pause if busy | 0.3 | , |
| Pus3 | ||
| V r | ||
| Use work time | false | |
| Start | 0 | |
| Stop | 24 | |
| Pus4 | ||
| Tre st | ||
| Use traling stop | true | |
| Trailing start | 0 | Trailing stop distance or switch |
| Trailing stop | 20 | Trailing stop distance or switch |
| Trailing step | 10 | Trailing stop distance or switch |
| Pus5 | ||
| Ind1 | RSI | |
| Rsi period | 14 | Period or timeframe used by the calculation |
| Pus6 | ||
| En set | Enter Settings | |
| Ind1 en | RSI | |
| Open level | 30 | 30=70 when RSI go back from OS/OB zone |
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 · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · RSI · MT4 Expert Advisor · MQL4 Source Code