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2000pips Daily EA 2 2

2000pips Daily EA 2 2 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses MACD. It raises the lot size after losses (martingale — high risk), places pending orders and has a trading-hours filter. It has 40 settings, for example Magic (default 111), Close All Now (default FALSE) and moneymanagement (default Money Management). 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 · v1.0 · Free

About 2000pips Daily EA 2 2

2000pips Daily EA 2 2 is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 40 settings, such as Magic, Close all now and Moneymanagement. MQL source code included.

It also can size trades from your balance and risk percent.

Files in the download: 2000pips-daily-EA (1).mq4.

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

Settings

SettingDefaultWhat it does
Magic111Magic number that tells this EA's orders apart
Close all nowFALSE
MoneymanagementMoney Management
Buy lots0.1
Sell lots0.1
MMFALSE
Buy risk2.0Risk per trade (percent of balance)
Sell risk2.0Risk per trade (percent of balance)
Min lot0.1
Max lot1.0
Lot digits2
OrdersmanagementOrder Management
Stop loss0Stop loss distance
Take profit30Take profit distance
Constant stopFALSE
Step130Distance between orders
TP130
Multiplier12.0How much the lot size grows after a loss
Step230Distance between orders
TP230
Multiplier22.0How much the lot size grows after a loss
Step330Distance between orders
TP330
Multiplier32.0How much the lot size grows after a loss
Step430Distance between orders
TP430
Multiplier42.0How much the lot size grows after a loss
Step530Distance between orders
TP530
Multiplier52.0How much the lot size grows after a loss
Step630Distance between orders
TP630
Multiplier62.0How much the lot size grows after a loss
Step730Distance between orders
TP730
Multiplier72.0How much the lot size grows after a loss
Step830Distance between orders
TP830
Multiplier82.0How much the lot size grows after a loss
Step930Distance between orders

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: Martingale · Pending Orders · Time Filter · Risk & Lot Size · MACD · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria