Soldiers No SL: Free MT4 EA Download & Source Code

Overview

The robot establishes a baseline level and triggers a buy or sell position whenever the price moves a specific number of points away from that level. It features no built-in stop loss or take profit functionality, leading to an accumulation of positions. The EA is hardcoded for specific symbols and lot sizes. Documentation is minimal, and the code contains no advanced filters or risk management controls.

Fixed distance entry triggers

Automated buy and sell order layering

Baseline level tracking system

No stop loss or take profit execution

Details

Author

p8queen on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Grid, Hedging

Markets

Forex

Timeframes

Any timeframe

Risk Profile

Opens a grid of orders: exposure builds up in a trend
Holds opposite positions at once
Trades without a fixed stop loss

EA Files

soldiers_noSL.mq4

Source

github.com/p8queen/soldiers_noSL

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone p8queen/soldiers_noSL from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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