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Charles2 1 8a

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Charles2 1 8a is a MetaTrader 4 Expert Advisor source file. Static analysis documents Moving Average, RSI, Bollinger Bands, 45 exposed input declarations, and 0 include dependencies.

Source-code analysis only. No backtest or live-performance claim is provided.

Source code overview

  • Platform: MT4
  • Resource type: Expert Advisor
  • File format: .mq4
  • Event handlers: init, deinit, start

Detected code components

  • Moving Average
  • RSI
  • Bollinger Bands
  • ADX
  • ATR
  • Trend
  • Hedging
  • Break Even
  • Session or Time Filter
  • Risk or Lot Sizing
  • File Access

Input parameters

Parameter Type Default Code comment
Comment_1 string " -- Comma separated list of Symbol Pairs: EURUSD,USDCHF"
Comment_1a string " --- must be equal to the string of your account provider."
Symbols string ""
MagicNumber int 3939
xFactor double 2
TimeSet string "07:32"
Comment_2 string " -- Balance percentage order balance and Lot value"
RiskPercent double 10
Comment_3 string " -- Percentage of the risk for each Lot"
Comment_3a string " --- auto-adapted to number of pairs."
RiskPerTrade double 30
MaxAllowedOrders int 15
MaxOpenHours int 0
ProfitCheckPeriod int 3
Comment_4 string " -- Whether or not use more strict supports and resistances"
Aggressive bool false
UsePivots bool true
Comment_5 string " -- Whether or not leave open profitable orders"
FastPeriod int 18
SlowPeriod int 60
Selectivity int 14
Comment_6 string " -- Fixed value if RiskPerTrade == 0"
Lots double 0.01
Slippage int 3
Comment_7 string " -- Set to true if broker is ECN/STP needing stops adding after order"
ECN bool true
MarginPercent double 20
Comment_8 string " -- On all orders"
StopLoss int 0
TrailStart int 25
TrailingAmount int 5
TakeProfit int 25
Comment_9 string " -- Whether or not manage ALL opened orders (manual too)"
AllOrders bool true
Comment_10 string " -- Whether or not compute the Profit on ALL pairs"
AllSymbols bool false
Comment_11 string " -- Log to console or to a file"
LogToFile bool false
Comment_12 string " -- On init delete all pending orders"
InitResetOrders bool true

Dependencies and package notes

  • No include dependency was detected.

The downloadable derivative replaces non-runtime external URLs and contact details with the B123 site URL. Functional runtime endpoints remain unchanged to avoid breaking code.

Compilation and first test

  1. Place the source and required dependencies in the matching MetaTrader data folder.
  2. Compile it in MetaEditor and resolve every error before use.
  3. Inspect the inputs and code risks, then test only on a demo account or isolated chart.

Code and operational risks

  • The code accesses files in the MetaTrader sandbox. Inspect filenames, read/write behavior, and retained data before use.
  • The source contains risk or lot-sizing logic. Confirm defaults against account size, symbol specifications, and maximum exposure.

Download access

Registration and sign-in are required. WooCommerce grants the private file through a zero-total order. Each account may initially claim 3 distinct free source products per site day.

Questions

What is Charles2 1 8a?

Charles2 1 8a is a MetaTrader 4 Expert Advisor source file. Static analysis documents Moving Average, RSI, Bollinger Bands, 45 exposed input declarations, and 0 include dependencies.

Does this source include verified performance results?

No. This page is based on static source-code analysis and does not provide a backtest, live result, profit, win-rate, or drawdown claim.

What is required before compiling this file?

Place the source in the matching MetaTrader folder and compile it in an isolated MetaEditor data folder before use.

Why are some external URLs retained in the code?

Only detected functional runtime endpoints are retained to avoid breaking WebRequest or network behavior. Non-runtime URLs and contact details are replaced with the B123 site URL.

Do I need an account to download the source?

Yes. Registration and sign-in are required. WooCommerce grants the private download through a zero-total order, with an initial limit of 3 distinct free source products per site day.

Need a ready-to-use EA instead of source code?

This free download is useful when you want editable MT4 Expert Advisor source code. If you want a cleaner ready-to-use path, compare it with the paid BBTrading products that already include private delivery, setup notes, and backtest evidence where available.

Paid BBTrading alternatives to compare

These products are selected by platform, detected code signals, and available catalog evidence. They are comparison options, not a claim that they use identical logic.

Want this source checked or fixed?

Diagnostic status: compile_not_run. If the file does not compile, has missing dependencies, or behaves differently on your broker, use the page details when contacting B123/BBTrading support. The free source is a starting point; fixed, compiled, or backtested alternatives may save time.

Common reasons a free source may need work

  • missing MQH include files or custom indicators
  • legacy MQL syntax written for an older compiler
  • broker-specific symbols, digits, spreads, or execution modes
  • inputs that need risk review before any demo test

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Charles2 1 8a MT4 EA source code download cover Charles2 1 8a

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