Westernpips Newest Pro 3 7 Exclusive Classic1
Westernpips Newest Pro 3 7 Exclusive Classic1 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example Westernpips Set1 (default <<< FAST DATA FEED OPTIO), Mode Of Quotes (default 3) and Use Symb Code (default false). 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 Westernpips Newest Pro 3 7 Exclusive Classic1
Westernpips Newest Pro 3 7 Exclusive Classic1 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as Westernpips set1, Mode of quotes and Use symb code. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: $$$_Westernpips_Newest_PRO_3_7_Exclusive_Classic1.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 |
|---|---|---|
| Westernpips set1 | <<< FAST DATA FEED OPTIONS >>> | |
| Mode of quotes | 3 | |
| Use symb code | false | |
| Symb code | FDAX0616 | |
| Symb return | false | |
| Avto shift bid | true | Bar shift (0 = current bar) |
| Shift ask | 0 | Bar shift (0 = current bar) |
| Shift bid | 0 | Bar shift (0 = current bar) |
| Westernpips set2 | <<< OPEN ORDERS SETTINGS >>> | |
| Minimum level | 1 | |
| Min gap for open | 0 | |
| Use dynamic minimum level | false | |
| Dynamic minimum level spread coefficient | 0.7 | Maximum spread allowed to trade |
| Signal mode | 1 | |
| Avto settings | true | |
| Avarage spread use | true | Maximum spread allowed to trade |
| Trade by pending orders | true | |
| Distance for pending orders in pips | 0 | Distance between orders |
| Pending orders life time | 5 | |
| Orders open interval ms | 0 | |
| Max attempts for open order | 3 | |
| N trades | 3 | |
| Magic | 0 | Magic number that tells this EA's orders apart |
| Show comments in order | true | Comment written on the orders |
| Ea comment | Comment written on the orders | |
| Trade side | 0 | |
| Westernpips set3 | <<< CLOSE ORDERS SETTINGS >>> | |
| Fix tp | 0.1 | |
| Fix sl | 1 | |
| Real fix tp | false | |
| Real fix sl | false | |
| Use fixed stop loss and take profit | true | Stop loss distance |
| Stop loss | 10 | Stop loss distance |
| Take profit | 100 | Take profit distance |
| Shirt stop loss | false | Stop loss distance |
| Shirt stop loss k | 2 | Stop loss distance |
| Close when price equal | false | |
| Close order delay | 0 | |
| Close timer | 0 | |
| Disable fix tp | false |
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 · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code