Uwais Shooter
Uwais Shooter is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 12 settings, for example Activation Code (default 0), Lots (default 0.01) and Stop Loss (default 0). 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 Uwais Shooter
Uwais Shooter is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 12 settings, such as Activation code, Lots and Stop loss. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent.
Files in the download: uwais shooter.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 |
|---|---|---|
| Activation code | 0 | |
| Lots | 0.01 | Trade size in lots |
| Stop loss | 0 | Stop loss distance |
| Take profit | 20 | Take profit distance |
| Compounding | FALSE | |
| Trailing | FALSE | Trailing stop distance or switch |
| Trailing stop | 20 | Trailing stop distance or switch |
| Averaging | FALSE | |
| Max open averaging | 5 | |
| Pip step | 20 | Distance between orders |
| Multiplier | 0.0 | How much the lot size grows after a loss |
| Target money | 0.0 |
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: Martingale · Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code