Urdala Etalon Alligator
Urdala Etalon Alligator — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its name points to the Williams Alligator. It can size trades from your risk. It has 21 settings, for example Step Price (default 10), Step Orders (default 10) and Orders (default 10). Watch it on a demo account for a while — robots can behave differently with each broker. 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 Urdala Etalon Alligator
Urdala Etalon Alligator is an expert advisor (trading robot) for MetaTrader 4. It can size trades from your balance and risk percent. It has 21 settings, such as Step price, Step orders and Orders. MQL source code included.
Files in the download: Urdala_Etalon_Alligator.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 |
|---|---|---|
| Step price | 10 | . |
| Step orders | 10 | . |
| Orders | 10 | . |
| Lots | 0 | . |
| Lots proc | 1 | %. |
| Tp sum profit | 0 | . |
| Tp percent | 1 | % . |
| Sl sum profit | 0 | . |
| Sl percent | 10 | % . |
| Magic | 777 | . |
| Tormoz | false | . |
| S1 | Alligator. | |
| Jaws period | 13 | Period or timeframe used by the calculation |
| Jaws shift | 8 | Bar shift (0 = current bar) |
| Teeth period | 8 | Period or timeframe used by the calculation |
| Teeth shift | 5 | Bar shift (0 = current bar) |
| Lips period | 5 | Period or timeframe used by the calculation |
| Lips shift | 3 | Bar shift (0 = current bar) |
| S2 | Alligator. | |
| L | 10 | Alligator ; |
| H | 20 | Alligator ; |
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: Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code