WOC Modify 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called WOC Modify 2. It raises the lot size after losses (martingale — high risk), moves the stop behind price and can size trades from your risk. It has 9 settings, for example Stop Loss (default 6), Tr St (default 6) and Speed (default 5). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 3 settings files (.set). 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 WOC Modify 2
WOC Modify 2 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 9 settings, such as Stop loss, Tr st and Speed. MQL source code included.
Files in the download: eurusd-m5.set, gbpusd-m5.set, usdjpy-m5.set, WOC_modify_04.ex4, WOC_modify_04.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 |
|---|---|---|
| Stop loss | 6 | Stop loss distance |
| Tr st | 6 | |
| Speed | 5 | |
| Time speed | 3 | |
| Lots | 0.1 | Trade size in lots |
| Max lot | 0.1 | |
| Lots optimized | TRUE | |
| Risk | 20 | Risk per trade (percent of balance) |
| Magic | 20080829 | Magic number that tells this EA's orders apart |
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: Martingale · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code