Combo System 5M2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Combo System 5M2. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 40 settings, for example Use FXCOMBO Scalping (default TRUE), Use FXCOMBO Breakout (default TRUE) and Use FXCOMBO Reversal (default TRUE). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 Combo System 5M2
Combo System 5M2 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as Use fxcombo scalping, Use fxcombo breakout and Use fxcombo reversal. MQL source code included.
It also trades only in the hours you set (time filter), can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: Combo System 5M2.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Use fxcombo scalping | TRUE | |
| Use fxcombo breakout | TRUE | |
| Use fxcombo reversal | TRUE | |
| Use ecn broker | FALSE | |
| Comment sys1 | ==== 1 ==== | Comment written on the orders |
| Comment sys2 | ==== 2 ==== | Comment written on the orders |
| Comment sys3 | ==== 3 ==== | Comment written on the orders |
| Multiplier | 1 | How much the lot size grows after a loss |
| Magic1 | 111 | Magic number that tells this EA's orders apart |
| Magic2 | 222 | Magic number that tells this EA's orders apart |
| Magic3 | 333 | Magic number that tells this EA's orders apart |
| Magic | 555 | Magic number that tells this EA's orders apart |
| Max spread | 4.0 | Maximum spread allowed to trade |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Auto gmt offset | TRUE | |
| Gmt offset test mode | 2 | |
| Use agresive mm | TRUE | |
| Mm sys1 | ==== FXCOMBO Scalping MM Parameters ==== | |
| Lots sys11 | 0.01 | |
| Trade mm sys1 | 0.0 | |
| Loss factor sys1 | 2.0 | |
| Trailing stop loss1 | 0 | Stop loss distance |
| Trailing step1 | 0 | Trailing stop distance or switch |
| BU1 | 0 | 0 + BU |
| Mm sys2 | ==== FXCOMBO Breakout MM Parameters ==== | |
| Lots sys21 | 0.01 | |
| Trade mm sys2 | 0.0 | |
| Loss factor sys2 | 2.0 | |
| Trailing stop loss2 | 0 | Stop loss distance |
| Trailing step2 | 0 | Trailing stop distance or switch |
| BU2 | 0 | |
| Mm sys3 | ==== FXCOMBO Reversal MM Parameters ==== | |
| Lots sys31 | 0.01 | |
| Trade mm sys3 | 0.0 | |
| Loss factor sys3 | 2.0 | |
| Trailing stop loss3 | 0 | Stop loss distance |
| Trailing step3 | 0 | Trailing stop distance or switch |
| BU3 | 0 | |
| Common mm | ==== Main MM Parameters ==== | |
| Mm max | 20.0 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Martingale · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · Scalping · MT4 Expert Advisor · MQL4 Source Code