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TP Security 3

From the Old Kings archive: TP Security 3, an expert advisor (trading robot) for MetaTrader 4. It can size trades from your risk. It has 5 settings, for example st0 (default ::: General settings :::), Uses Close Balance (default true) and Close Balance (default 20). 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 · v1.0 · Free

About TP Security 3

TP Security 3 is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 5 settings, such as St0, Uses close balance and Close balance. MQL source code included.

Files in the download: TP Security.mq4.

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

Settings

SettingDefaultWhat it does
St0::: General settings :::
Uses close balancetrue
Close balance20
X2X trades
Close balance250Close balance for X trades

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 · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria