TSD MT4 MR Trade 0 36 23jan06 Mindaugas
From the Old Kings archive: TSD MT4 MR Trade 0 36 23jan06 Mindaugas, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD and ATR. It places pending orders, moves the stop behind price and can size trades from your risk. It has 2 settings, for example Trade On Init (default false) and New Trades (default true). 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 TSD MT4 MR Trade 0 36 23jan06 Mindaugas
TSD MT4 MR Trade 0 36 23jan06 Mindaugas is an expert advisor (trading robot) for MetaTrader 4 based on MACD and ATR. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 2 settings, such as Trade on init and New trades. MQL source code included.
It also works on several symbols at once.
Files in the download: TSD_MT4_MR_Trade_0_36 23jan06 Mindaugas.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 |
|---|---|---|
| Trade on init | false | |
| New trades | true |
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 · Risk & Lot Size · Multi-Currency · MACD · ATR · MT4 Expert Advisor · MQL4 Source Code