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Zig Zag600 V1c (Beta1)

Zig Zag600 V1c (Beta1) is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages and ZigZag. It places pending orders. It has 9 settings, for example lots (default 0.01), Step (default 10) and delta Peak (default 20). 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 · v1c · Free

About Zig Zag600 V1c (Beta1)

Zig Zag600 V1c (Beta1) is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and ZigZag. It places pending buy/sell stop or limit orders. It has 9 settings, such as Lots, Step and Delta peak. MQL source code included.

Files in the download: ZigZag600 v1c (beta1).mq4.

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

Settings

SettingDefaultWhat it does
Lots0.01Trade size in lots
Step10Distance between orders
Delta peak20
MM3
Step order5Distance between orders
Magic1112Magic number that tells this EA's orders apart
Max5
Deviation0
Spread0Maximum spread allowed to trade

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: ZigZag · Pending Orders · Moving Average · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria