EA 2050 Pro 2
From the Old Kings archive: EA 2050 Pro 2, an expert advisor (trading robot) for MetaTrader 4. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 30 settings, for example DEVELOPED by (default P.K. Thakur), MARti Scalper (default TRUE) and Lots (default 0.01). 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 EA 2050 Pro 2
EA 2050 Pro 2 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 30 settings, such as Developed by, Ma rti scalper and Lots. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and is built for short scalping trades.
Files in the download: EA 2050 Pro (1).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 |
|---|---|---|
| Developed by | P.K. Thakur | |
| Ma rti scalper | TRUE | |
| Lots | 0.01 | Trade size in lots |
| Lot exponent | 1.5 | How much the lot size grows after a loss |
| Max lots | 5.0 | |
| MM | FALSE | |
| Take profit | 50.0 | Take profit distance |
| Use equity stop | FALSE | |
| Total equity risk | 20.0 | Risk per trade (percent of balance) |
| Close friday | FALSE | |
| Close friday hour | 17 | |
| Open mondey | TRUE | |
| Open mondey hour | 0 | |
| Strategy pro 1 | Set Current Trade & Orders | |
| Us enews filter | TRUE | |
| Use trailing stop hilo | FALSE | Trailing stop distance or switch |
| Trail start hilo | 10.0 | Trailing stop distance or switch |
| Trail stop hilo | 5.0 | Trailing stop distance or switch |
| Pip step hilo | 30.0 | Distance between orders |
| Marti pr oset | Setting for MartiPRO | |
| Use trailing stop 15 | FALSE | Trailing stop distance or switch |
| Trail start 15 | 10.0 | Trailing stop distance or switch |
| Trail stop 15 | 5.0 | Trailing stop distance or switch |
| Pip step 15 | 30.0 | Distance between orders |
| Experts pro | Setting for ExpertsPRO | |
| Use trailing stop 16 | FALSE | Trailing stop distance or switch |
| Trail start 16 | 10.0 | Trailing stop distance or switch |
| Trail stop 16 | 5.0 | Trailing stop distance or switch |
| Pip step 16 | 30.0 | Distance between orders |
| KEY | EA 2020. |
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 · Grid · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · Scalping · MT4 Expert Advisor · MQL4 Source Code