Waygrow EDU
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Waygrow EDU. In the code it works with moving averages. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 19 settings, for example Filter (default 140), Magic Number (default 1) and Trade Comment. Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files 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 Waygrow EDU
Waygrow EDU is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 19 settings, such as Filter, Magic number and Trade comment. MQL source code included.
Files in the download: waygrow_EDU.ex4, waygrow_EDU.mq4, waygrow_edu.rar, Waygrow_EDU.zip.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Filter | 140 | |
| Magic number | 1 | Magic number that tells this EA's orders apart |
| Trade comment | Comment written on the orders | |
| Stop loss | 23 | Stop loss distance |
| Min lots | 0.01 | |
| Max lots | 100000.0 | |
| Risk | 60.0 | Risk per trade (percent of balance) |
| Fixed lots | 0.1 | Trade size in lots |
| Use mm | TRUE | |
| Max spread plus commission | 10000.0 | Maximum spread allowed to trade |
| Limit | 20 | |
| Distance | 21 | Distance between orders |
| Ma period | 3 | Period or timeframe used by the calculation |
| Ma method | 3 | |
| Time filter | ----------Time Filter | |
| Start hour | 0 | Hour when trading starts (server time) |
| Start minute | 0 | |
| End hour | 23 | Hour when trading stops (server time) |
| End minute | 59 |
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 · Time Filter · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code