Zea Slut
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Zea Slut. In the code it works with a price channel. It works with a grid of orders, places pending orders and can size trades from your risk. It has 17 settings, for example MM Settings (default ================ Money M), MM Use Money Management (default TRUE) and MM Lot Size (default 0.01). 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 Zea Slut
Zea Slut is an expert advisor (trading robot) for MetaTrader 4 based on Channels & Envelopes. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 17 settings, such as Mm settings, Mm use money management and Mm lot size. MQL source code included.
Files in the download: ZeaSlut.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 settings | ================ Money Management | |
| Mm use money management | TRUE | |
| Mm lot size | 0.01 | |
| Mm per how much equity | 2000.0 | |
| Mm note1 | MM must be FALSE to use FixedLots | |
| Fixed lots | 0.01 | Trade size in lots |
| Grid settings | ================ Grid Settings | |
| Max open orders | 60 | |
| Grid order gap pips | 5 | |
| Stop loss | 240 | Stop loss distance |
| Magic number | 20121102 | Magic number that tells this EA's orders apart |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Show links | TRUE | |
| Extra | extra variables | |
| Custom comment | Comment written on the orders | |
| Accumulate profit pips | 0 | |
| Take profit | 0 | Take profit distance |
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: Grid · Pending Orders · Risk & Lot Size · Channels & Envelopes · MT4 Expert Advisor · MQL4 Source Code