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Werewolf ADX CCI N1.13

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Werewolf ADX CCI N1.13. As the name suggests, the idea behind it is the Commodity Channel Index (CCI) and ADX / DMI trend strength. In the code it works with moving averages and CCI. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 32 settings, for example Lot (default 0.1), Lot Exponent (default 1.4) and Take Profit (default 12). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Werewolf ADX CCI N1.13

Werewolf ADX CCI N1.13 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and CCI. 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 32 settings, such as Lot, Lot exponent and Take profit. MQL source code included.

It also can size trades from your balance and risk percent.

Files in the download: Werewolf_ADX_CCI_N1.13.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Lot0.1Trade size in lots
Lot exponent1.4. (.)
Take profit12(6...24)
Pip step24(18...51)
Pip step exponent1.5(1...1.6)
Risk0.1% (0.05...3), = 0, Lots
Max lot0.8, (0.2...2)
Max trades10( "0")
Protect profit0.1, % (0.05...1), = 0, TakeProfit
OverlappingTrue
Leading order4(3...5)
Fl persent1(0.1...4)
Stop level up4"" (0...6)
Cltime105(15...120)
Adx ADX
Delta adx0.5ADX (0.5...2)
Stop adx80ADX(30...90)
Start adx40ADX(30...90)
Period adx7(7...35)
Cci=== CCI ===
Drop170CCI (50...100)
Drop290CCI (50...100)
Per cci========== CCI ========
Per130CCI (20...80)
Drop stop cci===== CCI- =====
Drop stop1200(100...200)
Drop stop2160(100...200)
SpreadFalseMaximum spread allowed to trade
Bar controlTrueFalse -
DebugTrue
Magic number b8888Magic number that tells this EA's orders apart
Magic number s5555Magic number that tells this EA's orders apart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: ADX · CCI · Martingale · Grid · Pending Orders · Risk & Lot Size · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria