Virtual Gold
Virtual Gold is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around gold (XAUUSD). Its source code uses fractals. It places pending orders, moves the stop behind price and can size trades from your risk. It has 34 settings, for example BUY (default TRUE), SELL (default TRUE) and Revers (default TRUE). 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 Virtual Gold
Virtual Gold is an expert advisor (trading robot) for MetaTrader 4 based on Fractals. 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 34 settings, such as BUY, SELL and Revers. MQL source code included.
Files in the download: Virtual_gold.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 |
|---|---|---|
| BUY | TRUE | |
| SELL | TRUE | |
| Revers | TRUE | |
| ______________________ | ||
| Start orders | 1 | |
| Tf open | 15 | |
| Delta open | 10 | |
| Step orders | 50 | Distance between orders |
| _____________________ | ||
| Trailing stop | 1 | Trailing stop distance or switch |
| Tf tralling | 15 | |
| Delta tralling | 0 | |
| Step tralling | 1 | Distance between orders |
| Delta profit | 0 | |
| ____________________ | ||
| Lot | 0.01 | Trade size in lots |
| Plus lot | 0.0 | |
| Multiply lot | 2.0 | How much the lot size grows after a loss |
| Okr lot | 2 | |
| ___________________ | ||
| Close loc | 5 | |
| __________________ | ||
| Set trend | FALSE | |
| _________________ | ||
| Time start | 0 | |
| Time end | 24 | |
| ________________ | ||
| Max orders | 100 | Maximum number of open trades |
| Slippage | 5 | Maximum slippage allowed when opening a trade |
| Magic | 0 | Magic number that tells this EA's orders apart |
| Draw info | TRUE | |
| Start candle | 1 | |
| End candle | 5 | |
| Comment | Comment written on the orders |
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: Gold (XAUUSD) · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Fractals · MT4 Expert Advisor · MQL4 Source Code