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Triangular Price Correction

From the Old Kings archive: Triangular Price Correction, an expert advisor (trading robot) for MetaTrader 4. It can size trades from your risk and handles several symbols. It has 7 settings, for example Micro Broker (default TRUE), Risk (default 15) and Lots (default 0.1). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Triangular Price Correction

Triangular Price Correction is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent and works on several symbols at once. It has 7 settings, such as Micro broker, Risk and Lots. MQL source code included.

Files in the download: TRIANGULAR PRICE CORRECTION.mq4.

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

Settings

SettingDefaultWhat it does
Micro brokerTRUE
Risk15Risk per trade (percent of balance)
Lots0.1Trade size in lots
Slippage3Maximum slippage allowed when opening a trade
Use money managementTRUE
Magic number111208.0Magic number that tells this EA's orders apart
Fontsize7.0

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 · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria