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Yasofx1.0

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Yasofx1.0. In the code it works with moving averages. It places pending orders, moves the stop behind price and can size trades from your risk. It has 16 settings, for example Range Filter (default 20), Magic Number (default 293875) and Trade Comment (default Liquidex). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. 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 Yasofx1.0

Yasofx1.0 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 16 settings, such as Range filter, Magic number and Trade comment. MQL source code included.

It also is built for short scalping trades.

Files in the download: yasofx1.0.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Range filter20
Magic number293875Magic number that tells this EA's orders apart
Trade commentLiquidexComment written on the orders
Stop loss30Stop loss distance
Min lots0.01
Max lots100000.0
Risk25.0Risk per trade (percent of balance)
Max spread with commission15.0Maximum spread allowed to trade
Trailing limit15Trailing stop distance or switch
Trailing distance15Trailing stop distance or switch
Ma period3Period or timeframe used by the calculation
Ma shift0Bar shift (0 = current bar)
Ma methodMODE_LWMA
Default commision points0
Range filter noteH-S 0-0: 250 0-1: 300 1-0: 80 1-1: 250
Ma method noteSMA: 0 EMA: 1 SMMA: 2 LWMA 3

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Scalping · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria