Wall Street Forex Robot 4.7 And Other Modifications
This Old Kings expert advisor (trading robot) for MetaTrader 4 and 5 is called Wall Street Forex Robot 4.7 And Other Modifications. It can hold buy and sell positions together, places pending orders and moves the stop behind price. It has 40 settings, for example Magic (default 4698523), EA Comment and Max Spread (default 3.5). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 17 EA files with source code (.mq4/.mq5) you can open and edit in MetaEditor, 16 settings files (.set) and a PDF guide. 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 & MT5 · v1.0 · Free
About Wall Street Forex Robot 4.7 And Other Modifications
Wall Street Forex Robot 4.7 And Other Modifications is an expert advisor (trading robot) for MetaTrader 4 and MetaTrader 5. It can hold buy and sell positions at the same time (hedging), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Magic, Ea comment and Max spread. MQL source code included.
It also trades only in the hours you set (time filter), can size trades from your balance and risk percent and has a news filter.
Files in the download: FREE TRADING SYSTEMS AND INDICATORS.url, WallStreetForexRobot_v4.7_nodll.mq4, eur33.set, eur33_new.set, gbp30_last.set, FREE TRADING SYSTEMS AND INDICATORS.url, eurusd_m15_1.set, FREE TRADING SYSTEMS AND INDICATORS.url ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Magic | 4698523 | Magic number that tells this EA's orders apart |
| Ea comment | Comment written on the orders | |
| Max spread | 3.5 | Maximum spread allowed to trade |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Stealth mode | FALSE | |
| Close only on profit | FALSE | |
| NFA | FALSE | |
| No hedge | FALSE | |
| CS | ==== Custom Settings ==== | |
| Stop loss | -1 | Stop loss distance |
| Take profit | -1 | Take profit distance |
| Secure profit | -1 | |
| Secure profit triger | -1 | |
| Use custom pair | TRUE | |
| Use settings from | EURUSD | |
| MM | ==== Risk Management ==== | |
| Recovery mode | FALSE | |
| Fixed lots | 0.1 | Trade size in lots |
| Auto mm | 0.0 | |
| Auto mm max | 20.0 | |
| Max account trades | 0 | |
| FE | ==== Monday-Friday Rules ==== | |
| Monday start hour | 0 | Hour when trading starts (server time) |
| Friday exit | FALSE | |
| Last trade hour | 19 | |
| Exit hour | 20 | |
| NF | ==== News Filter Settings ==== | |
| Avoid news | FALSE | |
| Gmt offset | 2 | |
| Dst usage | TRUE | |
| Include medium news | TRUE | |
| Wait before news | 30 | |
| Wait after news | 30 | |
| O1 | ==== OPTIMIZATION PARAMETERS ==== | | |
| Tp | ||
| Use stop levels | TRUE | --- . , . |
| Is market execution | FALSE | --- ( , ) |
| Max loss points | -65 | --- (-200 5 -20) Buy Sell ( - MaxLossPoints ( 0), ) |
| Tral | ||
| Trailing stop | 0 | --- (0.04 0.05 0.99 1 1 30) 0 - , 1 - ( 0.25), 1 - |
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: Hedging · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · News Trading · MT4 Expert Advisor · MT5 Expert Advisor · MQL4 Source Code · MQL5 Source Code