TSD MT4 V1b
From the Old Kings archive: TSD MT4 V1b, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD. It places pending orders, moves the stop behind price and handles several symbols. It has 7 settings, for example Lots (default 1.0), Take Profit (default 100) and Stoploss (default 0). 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 · v1b · Free
About TSD MT4 V1b
TSD MT4 V1b is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and works on several symbols at once. It has 7 settings, such as Lots, Take profit and Stoploss. MQL source code included.
Files in the download: TSD-MT4- V1b.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 |
|---|---|---|
| Lots | 1.0 | Trade size in lots |
| Take profit | 100 | Take profit distance |
| Stoploss | 0 | Stop loss distance |
| Trailing stop | 60 | Trailing stop distance or switch |
| Slippage | 5 | Slippage |
| Stop year | 2005 | |
| MM | 0,Leverage=1,AcctSize=10000 |
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 · Multi-Currency · MACD · MT4 Expert Advisor · MQL4 Source Code