Windows 1256''indrafxscalping8 Date Time 5digit
From the Old Kings archive: Windows 1256''indrafxscalping8 Date Time 5digit, an expert advisor (trading robot) for MetaTrader 4. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 31 settings, for example MMType (default 1), Use Close (default FALSE) and Use Add (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 Windows 1256''indrafxscalping8 Date Time 5digit
Windows 1256''indrafxscalping8 Date Time 5digit is an expert advisor (trading robot) for MetaTrader 4. 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 31 settings, such as Mm type, Use close and Use add. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter).
Files in the download: windows-1256''indrafxscalping8-date-time-5digit.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 |
|---|---|---|
| Mm type | 1 | |
| Use close | FALSE | |
| Use add | TRUE | |
| Lot exponent | 1.667 | How much the lot size grows after a loss |
| Slip | 3.0 | |
| Lots | 0.01 | Trade size in lots |
| Lots digits | 2.0 | |
| Take profit | 70.0 | Take profit distance |
| Pip step | 170.0 | Distance between orders |
| Max trades | 1 | Maximum number of open trades |
| Use equity stop | FALSE | |
| Total equity risk | 200.0 | Risk per trade (percent of balance) |
| Use trailing stop | FALSE | Trailing stop distance or switch |
| Ln | ----------------------------- | |
| Use time mgmt | TRUE | |
| Trade on sunday | TRUE | |
| Trade on monday | TRUE | |
| Trade on tuesday | TRUE | |
| Trade on wednesday | TRUE | |
| Trade on thursday | TRUE | |
| Trade on friday | FALSE | |
| Part1 1 | >> Start-End Time 1 << | |
| Trade start hour | 0 | Hour when trading starts (server time) |
| Trade start minutes | 0 | |
| Trade end hour | 12 | Hour when trading stops (server time) |
| Trade end minutes | 0 | |
| Part1 2 | >> Start-End Time 2 << | |
| Trade start hour2 | 12 | Hour when trading starts (server time) |
| Trade start minutes2 | 0 | |
| Trade end hour2 | 24 | Hour when trading stops (server time) |
| Trade end minutes2 | 0 |
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: Scalping · Martingale · Grid · Pending Orders · Trailing Stop & Break-even · Time Filter · MT4 Expert Advisor · MQL4 Source Code