Winscalper 2020 7
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Winscalper 2020 7. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 12 settings, for example Min Equity Stop (default 50.0), Max Equity Stop (default 0.0) and Take Profit (default 40). 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 Winscalper 2020 7
Winscalper 2020 7 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 12 settings, such as Min equity stop, Max equity stop and Take profit. MQL source code included.
It also can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: winscalper 2020.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 |
|---|---|---|
| Min equity stop | 50.0 | |
| Max equity stop | 0.0 | |
| Take profit | 40 | Take profit distance |
| Stop loss | 15 | Stop loss distance |
| Magic number | 123456724 | Magic number that tells this EA's orders apart |
| Max orders | 10 | Maximum number of open trades |
| Trailing stop | 4 | Trailing stop distance or switch |
| Lots | 0.1 | Trade size in lots |
| Use risk percent | TRUE | Risk per trade (percent of balance) |
| Risk percent | 2.0 | Risk per trade (percent of balance) |
| Jam mulai | 9 | |
| Jam akhir | 22 |
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 · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code