How do I install this Expert on MetaTrader 4?

Download the file, open MetaTrader 4 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Expert?

Drag the Expert Advisor from the Navigator panel onto a chart, enable AutoTrading, and allow live trading in the settings.

Is this compatible with MetaTrader 4?

Yes, this Expert is built specifically for MetaTrader 4.

Is this Expert safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Expert on multiple charts?

Yes, but each chart can only run one Expert Advisor at a time. You can run multiple EAs on different charts.

Can I customize the settings of this Expert?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free ak47 a1 Expert for MetaTrader 4

MetaTrader 4 expert

Download ALL MT4 experts (885)

Similar MetaTrader Tools

ak47 a1

Info

The ak47 a1 is a Expert Advisor for MetaTrader 4 that dear sir,i made my first ea (not scalper, t/p 100), ran it on eurusd m1 for 2007 (01. 01.

Usage

This tool is typically used for automated trading on major forex pairs and gold.

Platform

This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.

How to Install and Use ak47 a1

1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.

2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.

3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.

4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.

Frequently Asked Questions

Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.

Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.

Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.

What this tool does

dear sir,i made my first ea (not scalper, t/p 100), ran it on eurusd m1 for 2007 (01.

Typical Use Case

This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.

Description & Settings

Related: stochastic trading - another powerful expert for MetaTrader 4 traders.

dear sir,
i made my first ea (not scalper, t/p 100), ran it on eurusd m1 for 2007 (01.01.2007 - 25.11.2007),
and was very surprised - a profit of about 1 million usd with the initial deposit of 3000!

Also recommended: on the ma zi - similar expert with strong performance on MetaTrader 4.

alas, it loses the deposit during 2005-2006 and december 2007.
attempts to use stop losses, closures by flats, time limitations and other worsen the situation.
a lot of potentially profitable orders are filtered out. obviously, drawdowns make themselves felt.
does anyone have ideas on improving the ea reliability without cutting off potentially "good" orders?
do not regard this a trouble, share.
regards
p.s.
the settings are maximally aggressive, the risk level can be reduced using the parameters:
a) maxlots - decrease down to 1.
b) lotsriskreductor - increase, up to 5-10
c) spangator - increase up to 3-5.
although the risk reduction in a single-order system does not lead to improvement of the system in general.
the open order blocks opening of other orders, both profitable and unprofitable.
so, imho, the complete testing of the system quality can only be conducted without a limitation
on the number of orders.

You may also like: cme futures volume - excellent alternative for expert users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
extern double lots               = 0;        // 0 - auto 
extern double lotsriskreductor   = 1;        // 1 to *10
extern int    maxorders          = 1;        // 1 to *20
extern int    maxlots            = 100;
extern double takeprofit         = 100;      // 10 to *100
extern double stoploss           = 0;        // 0 - none
extern double trailingstop       = 50;       // 0 - none
extern double spangator          = 0.5;      // 0 to *5

.......

Leave your opinion, ask a question, share some knowledge

⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.