TSD V1.1
TSD V1.1 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. This copy is version 1.1. Its source code uses MACD. It places pending orders, moves the stop behind price and can size trades from your risk. It has 8 settings, for example Lots (default 1), Take Profit (default 999) and Trailing Stop (default 60). 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 · v1.1 · Free
About TSD V1.1
TSD V1.1 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 can size trades from your balance and risk percent. It has 8 settings, such as Lots, Take profit and Trailing stop. MQL source code included.
Files in the download: TSD v1.1.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 | Trade size in lots |
| Take profit | 999 | Take profit distance |
| Trailing stop | 60 | Trailing stop distance or switch |
| Risk | 5 | Risk per trade (percent of balance) |
| Mm | 0 | |
| Live trading | 0 | |
| Account is mini | 0 | |
| Max trades per pair | 1 | Maximum number of open trades |
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 · MACD · MT4 Expert Advisor · MQL4 Source Code