Mod Stop Reverse v7 with Alligator Indicator
Info
The Mod Stop Reverse v7 with Alligator Indicator is a Script for MetaTrader 4 that new version of the advisor mod stop reverse. The advisor utilizes the Alligator indicator for order placement.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Mod Stop Reverse v7 with Alligator Indicator
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
New version of the advisor Mod Stop Reverse.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: e-move slt pby mouse: intuitive stop loss and take profit management - another powerful script for MetaTrader 4 traders.
New version of the advisor Mod Stop Reverse.Also recommended: trailing stop for all orders - similar script with strong performance on MetaTrader 4.
The advisor utilizes the Alligator indicator for order placement.
It features a trailing stop function.
This update is effective from 2026.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#include <stdlib.mqh>
extern string _Parameters_Trade="----- Параметры торговли";
extern bool Continue=True; // Работать или остановиться после окончания серии
extern int MAGIC= 1000; // Маджик советника
extern int TrailingStop=20; // Фиксированный размер трала
extern int TrailingStep=1; // Шаг трала
extern int Slippage = 3; // Проскальзывание цены
extern double Lott_0 = 1; // Начальный размер лота.......
⚠ 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.