Unique M5 System
From the Old Kings archive: Unique M5 System, an expert advisor (trading robot) for MetaTrader 4. It raises the lot size after losses (martingale — high risk) and places pending orders. It has 10 settings, for example m0 (default Modes: 0,1088,939,5233), Length (default 26) and Magic Number (default -1). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 27 EA files 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 Unique M5 System
Unique M5 System is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale) and places pending buy/sell stop or limit orders. It has 10 settings, such as M0, Length and Magic number. MQL source code included.
Files in the download: Bands.ex4, BARer.mq4, CCI.ex4, Center of Gravity.ex4, Trendey.mq4, !0!CloseAll!.ex4, !0!CloseAll!.mq4, !0CloseAll Loss.ex4 ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| M0 | Modes: 0,1088,939,5233 | |
| Length | 26 | |
| Magic number | -1 | Magic number that tells this EA's orders apart |
| Slippage | 7 | Maximum slippage allowed when opening a trade |
| Descr | *** Modify BUY orders *** | |
| S lpip | 8.0 | |
| T ppip | 14.0 | |
| S lprice | 0 | |
| T pprice | 0 | |
| Period multiplier | 3 | Period multiplier factor |
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 · MT4 Expert Advisor · MQL4 Source Code