Reversing Martingale Ea
From the Old Kings archive: Reversing Martingale Ea, an expert advisor (trading robot) for MetaTrader 4 and 5. As the name suggests, the idea behind it is martingale money management (bigger lots after a loss — high risk). It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 4 settings, for example element 12357534 (default TRADETYPE_BUY), element 3632865 (default 0.05) and element 12844407 (default 2.0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4/.mq5) 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 & MT5 · v1.0 · Free
About Reversing Martingale Ea
Reversing Martingale Ea is an expert advisor (trading robot) for MetaTrader 4 and MetaTrader 5. 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 4 settings, such as Element 12357534, Element 3632865 and Element 12844407. MQL source code included.
It also can size trades from your balance and risk percent and has a news filter.
Files in the download: Reversing Martingale EA.mq5, Reversing Martingale EA.mq4, Best Trading Systems.url.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Element 12357534 | TRADETYPE_BUY | First Trade Type |
| Element 3632865 | 0.05 | Start Lot |
| Element 12844407 | 2.0 | Lot Multiplier |
| Element 3640359 | Reversing Martingale EA | Comment |
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 · Risk & Lot Size · News Trading · MT4 Expert Advisor · MT5 Expert Advisor · MQL4 Source Code · MQL5 Source Code