The Solomon EA MT4 (Latest version) - Unlimited
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Quick Overview
The Solomon EA is an automated Expert Advisor (EA) for MetaTrader 4 that trades a defined list of eight forex pairs on the M15 chart. It opens only one trade per pair at a time, gives each trade a take profit and a stop loss, and works in a night session with a spread filter. It is described as using no martingale, grid or averaging.
Best For:
✅ Forex traders on the M15 chart.
✅ Users of ECN or Raw spread accounts.
✅ Traders who want one trade per pair.
✅ Users who prefer no Martingale or Grid.
✅ Traders starting with a small balance.
What is The Solomon EA MT4?
The Solomon EA MT4 is an automated Forex trading robot designed for the MetaTrader 4 (MT4) platform. It trades a predefined selection of eight currency pairs using the 15-minute (M15) timeframe, offering a structured approach to automated Forex trading.
The Solomon EA features customizable trading parameters, including lot sizing, Take Profit (TP), Stop Loss (SL), spread filters, trading hours, and drawdown controls. These settings allow traders to adjust position sizes, define trade exit levels, manage trading conditions, and configure risk controls according to their trading preferences.
⭐ Vendor Website: View here
⭐ Delivery time 24h-48h after payment.
⭐ Refund if not delivered.
⭐ You will receive the current version without any limitations (ID+Time).
The Solomon EA MT4 Review
Key Features of The Solomon EA MT4
Eight Pair Coverage
The EA is built for a fixed list of eight forex pairs, which spreads the trades over several instruments instead of a single one.
One Trade per Pair
Only one trade runs in each pair at a time, so the exposure of every pair stays limited and simple to review on the account.
Automatic Lot Sizing
The auto lot mode calculates position size based on the account balance, while a fixed lot serves as a simple alternative.
Take Profit and Stop Loss Inputs
Both distances are set in pips, so the trader can see and adjust the exit levels used for every trade in the whole list.
Spread Filter
A maximum spread setting blocks new trades when the cost is too high, which matters for a system that aims for small targets.
Session and Friday Controls
A start time, an end time and a Friday switch decide when new trades may open, and the option to close at the end can be turned on.
Drawdown Protection Option
An optional rule closes all trades when a maximum drawdown amount is reached, though it is off in the supplied setup.
Historical Trading Results Performance
The backtest was conducted on USDCHF using the M15 timeframe from January 2, 2015, to June 29, 2022, covering approximately 7.5 years.
The test recorded a net profit of $17,655.04 from an initial deposit of $100.
The Solomon EA MT4 Backtest Results
| Parameter | Results |
|---|---|
| Trading Symbol | USDCHF |
| Timeframe | M15 |
| Testing Period | Jan 2, 2015 – Jun 29, 2022 |
| Initial Deposit | $100 |
| Total Net Profit | $17,655.04 |
| Profit Factor | 9.83 |
Risk Management
One Large Loss Can Erase Many Wins
With a small target and a bigger stop, a single losing trade can remove the profit of several winners.
A Stop Loss Can Still Slip
Gaps and fast moves can pass the stop-loss level, so the real loss can be larger than planned.
Small Targets Depend on Low Costs
A close take-profit leaves little room, and wide spreads or slippage can turn winners into losses.
Several Pairs Can Lose Together
The pairs share currencies such as the Swiss franc, so a strong move in one currency can hit many trades at once.
What Sets It Apart
Multi Pair Spread of Risk
Eight pairs share the trades, so a single bad pair does not decide the whole result of the account.
Strict Trade Limit
The one trade per pair rule keeps the exposure limited and avoids stacking positions in the same instrument.
Low Capital Approach
The product is aimed at small accounts, since it avoids methods that need a large balance to survive.
Fixed Exit Levels
Both the target and the stop are set from the beginning, which removes guesswork from the exit of each trade.
Who Should Use The Solomon EA MT4?
Small Account Traders
People who start with a modest balance and want an EA that avoids martingale, grid and averaging.
ECN Account Holders
Traders who already use raw spread accounts and understand that low costs are critical for small targets.
Careful Testers
Users who will check the lot sizing, the session time and the drawdown limit on a demo account first.
Not for Traders Who
Want a proven record they can check, large targets or any guaranteed profit from an automated system.
Recommended Trading Conditions
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M15 |
| Currency pairs | USDCHF, EURCHF, USDJPY, USDCAD, AUDCAD, AUDCHF, EURCAD and CHFJPY |
| Minimum / Recommended deposit | $50+ |
| Minimum / Recommended leverage | Any |
| Account type | ECN or Raw spread |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
Product Download Package?
The download package of the product suite includes:
✅ Experts: The Solomon EA.ex4
Final Verdict
The Solomon EA MT4 is a multi pair forex robot for the M15 chart that trades eight named pairs, opens one trade per pair at a time and gives each trade a take profit and a stop loss. It is described as using no martingale, grid or averaging, and it needs an ECN or Raw account with very low spreads. The target is small compared with the stop, the drawdown default is weak and the proven track record claim is unverified, so a demo test with a low lot should come before any live trading.
🔢 The Solomon EA MT4 Settings Guide: Complete Inputs and Parameters Explained
The Solomon EA MT4 is an automated trading Expert Advisor designed for the MetaTrader 4 platform. Its configurable inputs allow traders to manage lot sizing, take profit, stop loss, spread conditions, trade identification, drawdown controls, and trading hours. Understanding each parameter is essential for configuring the EA according to your trading strategy, account balance, broker conditions, and risk management preferences.
This guide explains all the settings displayed in The Solomon EA input panel, including their exact default values and practical functions.
The Solomon EA MT4 Settings Panel
🔢 The Solomon EA MT4 Settings and Parameters Explained
⚙️ Lot Size and Position Management
🔹 Lot Size Mode = Auto: Selects the automatic lot-sizing mode, allowing the EA to calculate position sizes according to its programmed money management rules rather than relying exclusively on a fixed lot size.
🔹 Lot Size = 0.01: Specifies a lot size of 0.01 lots when the EA uses a fixed-lot configuration or references this input within its automatic sizing logic.
🔹 Auto Lot for amount 100 = 0.02: Defines an automatic lot-sizing reference of 0.02 lots for an account amount of 100, according to the EA’s internal calculation rules. The exact currency basis and scaling formula depend on the EA’s implementation.
⚙️ Take Profit and Stop Loss Settings
🔹 Take Profit [pips] = 8.0: Sets the configured take-profit distance to 8.0 pips, defining the intended profit-taking level for a trade when the EA applies this parameter.
🔹 Stop Loss [pips] = 28.0: Sets the configured stop-loss distance to 28.0 pips, establishing the intended price movement against an open position before the EA’s stop-loss protection is triggered.
⚙️ Trade Identification and Comments
🔹 Magic Number = 1786: Assigns the unique trade identifier 1786 to help the EA distinguish its own orders from trades opened by other Expert Advisors or manual trading, depending on the EA’s order-management logic.
🔹 Comments = Blank: Leaves the trade comment field empty by default. If supported by the EA, this parameter can be used to attach a descriptive label to orders for easier identification in the trading terminal.
⚙️ Spread and Trading Conditions
🔹 Max Allowed Spread [points] = 40: Sets the maximum permitted spread to 40 points. Depending on the EA’s implementation, new trades may be restricted when the broker’s current spread exceeds this threshold.
⚙️ Trading Session Management
🔹 Close running trades at End Time = No: Disables the configured option to close running trades automatically when the trading session reaches its end time, allowing existing positions to remain open beyond the scheduled trading window.
🔹 Start Time = 23:00: Defines the configured trading-session start time as 23:00, or 11:00 PM, according to the time reference used by the EA.
🔹 End Time = 01:00: Defines the configured trading-session end time as 01:00, or 1:00 AM. Together with the start time of 23:00, these settings describe a two-hour session crossing midnight, assuming the EA supports overnight session handling.
🔹 Trade on Friday = true: Enables trading on Friday, allowing the EA to open trades on that day when its other strategy rules and trading conditions are satisfied.
⚙️ Drawdown Protection and Risk Controls
🔹 Close all Trades at Max DD = No: Disables the option to close all trades automatically when the configured maximum drawdown threshold is reached, so this particular emergency-closing function is not enabled by default.
🔹 Max Allowed DD [amount] = 100000.0: Sets the configured maximum drawdown amount to 100000.0 in the account currency or monetary unit expected by the EA. This is a very large threshold for many retail accounts, so traders should verify the intended currency, calculation method, and actual risk limits before using the setting.
🔢 Conclusion
The Solomon EA MT4 provides configurable controls for automatic lot sizing, profit targets, stop losses, spread filtering, trading schedules, and drawdown-related settings. Its current inputs specify a take profit of 8.0 pips, a stop loss of 28.0 pips, a maximum spread of 40 points, and an overnight trading session from 23:00 to 01:00.
Before deploying the EA on a live account, traders should pay particular attention to the automatic lot-sizing formula, the relatively small take-profit distance compared with the stop loss, and the maximum drawdown amount of 100000.0. The behavior of individual options should be verified through the EA documentation and strategy testing, as input values alone cannot establish the EA’s actual execution logic or profitability.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is The Solomon EA MT4?
An automated Expert Advisor for MetaTrader 4 that trades eight forex pairs on the M15 chart with one trade per pair at a time.
❓ Which pairs does The Solomon EA MT4 trade?
USDCHF, EURCHF, USDJPY, USDCAD, AUDCAD, AUDCHF, EURCAD and CHFJPY.
❓ Which timeframe does The Solomon EA MT4 use?
M15, the fifteen minute chart.
❓ Is The Solomon EA MT4 a martingale or grid EA?
The product states that it uses no martingale, grid or averaging. A demo test helps confirm this before real money is used.
❓ Does The Solomon EA MT4 use a stop loss?
Yes. Every trade has a take profit and a stop loss defined from the start.
❓ How many trades can The Solomon EA MT4 open per pair?
One. Only one running trade is allowed in each pair at a time.
❓ What account suits The Solomon EA MT4?
An ECN or raw spread account with a very low spread.
❓ What balance does The Solomon EA MT4 need?
A small minimum balance is stated, and a larger balance gives more room for normal losing periods.
❓ How is lot size set in The Solomon EA MT4?
By an automatic mode tied to the account amount, or by a fixed lot.
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