TSD TR 0.2 MACD
From the Old Kings archive: TSD TR 0.2 MACD, an expert advisor (trading robot) for MetaTrader 4. Judging by its name, it is built around MACD (moving average convergence / divergence). In the code it works with MACD and an oscillator. It places pending orders, moves the stop behind price and can size trades from your risk. It has 6 settings, for example Lots If No MM (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 · v1.0 · Free
About TSD TR 0.2 MACD
TSD TR 0.2 MACD is an expert advisor (trading robot) for MetaTrader 4 based on MACD and Oscillator. 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 6 settings, such as Lots if no mm, Take profit and Stoploss. MQL source code included.
Files in the download: TSD-TR_0.2-MACD.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 if no mm | 1.0 | |
| Take profit | 100 | Take profit distance |
| Stoploss | 0 | Stop loss distance |
| Trailing stop | 60 | Trailing stop distance or switch |
| Slippage | 5 | Slippage |
| Mm mode | 0,MM_Risk=20 |
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: MACD · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Oscillator · MT4 Expert Advisor · MQL4 Source Code