Power Version 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Power Version 2. The file name marks it as version 2. It raises the lot size after losses (martingale — high risk). It has 11 settings, for example comment (default Mission Impossible Power), slippage (default 1) and Magic Number (default 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 · v1.0 · Free
About Power Version 2
Power Version 2 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale). It has 11 settings, such as Comment, Slippage and Magic number. MQL source code included.
Files in the download: Power Version 2.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 |
|---|---|---|
| Comment | Mission Impossible Power Two Open Versio | Comment |
| Slippage | 1 | Slippage |
| Magic number | 1 | Magic Number |
| SL | 400 | Stop Loss |
| TP1 | 15 | Take Profit (first position) |
| TP | 7 | Take Profit (next position) |
| Lots | 0.01 | Lots |
| Max lots | 2 | Max Lots |
| Power | 13.0 | Power |
| Pips step | 21 | Max PipsStep for grid |
| Max trades | 16 | MaxTrades |
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 · MT4 Expert Advisor · MQL4 Source Code