Triangle Hedge TypeR V11 13 EDU
Triangle Hedge TypeR V11 13 EDU is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its name points to hedged buy / sell positions. This copy is version 11.13. Its source code uses moving averages and ATR. It has a trading-hours filter, can size trades from your risk and handles several symbols. It has 25 settings, for example Pair2 (default EURUSD), Pair3 (default GBPUSD) and Ratio Period (default 14). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 4 indicator files 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 · v11 · Free
About Triangle Hedge TypeR V11 13 EDU
Triangle Hedge TypeR V11 13 EDU is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and ATR. It trades only in the hours you set (time filter), can size trades from your balance and risk percent and works on several symbols at once. It has 25 settings, such as Pair2, Pair3 and Ratio period. MQL source code included.
Files in the download: KPotentialI~.mq4, PairRatio~.mq4, TriangleHedge TypeR.dll, TriangleHedge-TypeR Demo v11~.mq4, TriangleHedge-TypeR_v13-EDU.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 |
|---|---|---|
| Pair2 | EURUSD | |
| Pair3 | GBPUSD | |
| Ratio period | 14 | Period or timeframe used by the calculation |
| Magic number | 84114 | Magic number that tells this EA's orders apart |
| Trade start hour | 0 | Hour when trading starts (server time) |
| Trade end hour | 0 | Hour when trading stops (server time) |
| Separator1 | =====-- Entry --===== | |
| Buy ratio | 30.0 | |
| Sell ratio | 70.0 | |
| Pair1 level | -400.0 | |
| Separator2 | =====-- Entry Common --===== | |
| Max hold position set | 10 | |
| MM | TRUE | |
| Risk | 5.0 | Risk per trade (percent of balance) |
| Lots scale | 1.0 | |
| O comments | Comment written on the orders | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Separator3 | =====-- Exit Common --===== | |
| Exit profit123 | 50.0 | |
| Exit profit23 | 50.0 | |
| Exit stop loss123 | -800.0 | Stop loss distance |
| Exit stop loss23 | 10.0 | Stop loss distance |
| Monday mode | FALSE | |
| Friday mode | FALSE | |
| Display info | 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: Hedging · Time Filter · Risk & Lot Size · Multi-Currency · Moving Average · ATR · MT4 Indicator · MQL4 Source Code