Mash Alam EA V2.3 6
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Mash Alam EA V2.3 6. The file name marks it as version 2.3.6. It raises the lot size after losses (martingale — high risk), places pending orders and can size trades from your risk. It has 14 settings, for example s1 (default ==== Trade settings ====), Auto Lots (default false) and Lot Size (default 0.1). 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 · v2.3 · Free
About Mash Alam EA V2.3 6
Mash Alam EA V2.3 6 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 can size trades from your balance and risk percent. It has 14 settings, such as S1, Auto lots and Lot size. MQL source code included.
Files in the download: MashAlam_EA_v2.3.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 |
|---|---|---|
| S1 | ==== Trade settings ==== | |
| Auto lots | false | |
| Lot size | 0.1 | Trade size in lots |
| Risk per trade | 4 | Risk per trade (percent of balance) |
| Number of pairs | 20 | |
| Calculation method | Equity | |
| Multiplier | 1 | How much the lot size grows after a loss |
| Trade reverse | false | |
| S2 | ==== Indicator settings ==== | |
| Use arrow | true | |
| Use histogram | true | |
| S3 | ==== SL/TP settings ==== | |
| Stop loss | 50 | Stop loss distance |
| Profit target | 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 · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code