Xp Ma EA
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Xp Ma EA. As the name suggests, the idea behind it is moving averages. It moves the stop behind price and can size trades from your risk. It has 13 settings, for example Lots (default 1), Take Profit (default 100) and Trailing Stop (default 50). 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 Xp Ma EA
Xp Ma EA is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 13 settings, such as Lots, Take profit and Trailing stop. MQL source code included.
Files in the download: xpMaEA.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 |
|---|---|---|
| Lots | 1 | Trade size in lots |
| Take profit | 100 | Take profit distance |
| Trailing stop | 50 | Trailing stop distance or switch |
| Stop loss | 50 | Stop loss distance |
| Slippage | 5 | Maximum slippage allowed when opening a trade |
| Maximum risk | 0.1 | Risk per trade (percent of balance) |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma period | 24 | Period or timeframe used by the calculation |
| Ma type | MODE_TEMA | |
| Ma applied | PRICE_CLOSE | |
| T3 ma volume factor | 0.8 | |
| Jma phase | 0 | |
| Step period | 4 | Distance between orders |
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: Moving Average · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code