The Solomon EA MT4 (Official version) | Unbounded

Product Overview

The Solomon EA MT4 is an automated Forex trading Expert Advisor designed for traders who prefer a disciplined trading approach without relying on high-risk strategies such as Martingale, Grid Trading, or position averaging.

Developed for MetaTrader 4 (MT4), this Forex trading robot focuses on consistency, controlled trade execution, and predefined risk management.

Unlike aggressive automated trading systems that increase position sizes after losses, The Solomon EA uses a straightforward trading approach. Every trade has its own predefined Stop Loss (SL) and Take Profit (TP), with a maximum of one active trade per currency pair at any given time.

One of the main advantages of The Solomon EA MT4 is its accessibility. Traders can start with a relatively small account balance of $50–$100, depending on broker conditions and position sizing.

With support for eight major and cross-currency pairs, this EA offers a multi-pair automated Forex trading solution for traders looking for a structured and risk-conscious trading system.

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About the Developer

• Author:  Raushan Tara
  
• Experience: Over +6 years of experience on MQL5.
• Notable Products: The Solomon EA MT4 and other advisor.
• Flagship Product: The Solomon EA MT4 is rated as the best performing product of the year.

>>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Reviewed by Jason Stap <<<

The Solomon EA MT4 Overview

Key Features of The Solomon EA MT4

No Martingale Strategy

The Solomon EA MT4 does not use Martingale position sizing.

It does not automatically increase lot sizes to recover previous trading losses, helping traders avoid the escalating exposure associated with traditional Martingale systems.

No Grid Trading

The EA does not rely on Grid Trading strategies or continuously stacking positions at different price levels.

This helps maintain a more straightforward trading structure without accumulating multiple grid positions.

No Position Averaging

The system does not use position averaging to manage losing trades.

Instead, each position is managed independently with predefined Stop Loss and Take Profit levels.

Predefined Stop Loss and Take Profit

Every trade opened by The Solomon EA MT4 has its own Stop Loss and Take Profit.

This allows traders to define potential downside and profit-taking levels before trade execution.

One Active Trade Per Currency Pair

The EA opens a maximum of one active trade per currency pair at a time.

This feature helps prevent excessive position accumulation on the same trading instrument and keeps trade management more organized.

Small Account Compatibility

The_Solomon EA is designed to be accessible to traders with relatively small trading accounts.

The recommended starting balance is $50–$100, with a suggested lot size of 0.02 for a $100 account.

However, actual risk depends on Stop Loss distance, currency pair specifications, leverage, and broker margin requirements.

ECN and Raw Account Compatibility

For optimal trading conditions, The Solomon EA MT4 is recommended for ECN or Raw spread accounts.

Lower spreads can help reduce transaction costs, which may be particularly important for automated Forex trading strategies.

How It Works

The_Solomon EA MT4 automates Forex trading through a predefined trading process designed to maintain controlled position management.

Step 1: Monitor Selected Currency Pairs

The EA operates on the supported currency pairs and analyzes market conditions using its internal trading logic.

Step 2: Identify Trading Opportunities

When the system detects a valid trading setup, it evaluates whether the currency pair is eligible for a new position.

Step 3: Execute the Trade

The EA automatically opens a position according to its internal strategy and configured lot size.

Step 4: Set Stop Loss and Take Profit

Each trade receives predefined Stop Loss and Take Profit levels to establish its exit conditions.

Step 5: Manage Open Positions

The EA manages each position independently and does not open additional simultaneous trades on the same currency pair.

Step 6: Wait for the Next Opportunity

Once the existing position on a currency pair is closed, the EA can evaluate new trading opportunities on that pair.

This process helps maintain a structured automated trading approach without Grid, Martingale, or averaging techniques.

Why Choose The_Solomon EA MT4?

Choosing an automated Forex trading system requires careful consideration of trading strategy, risk management, and account requirements.

The Solomon EA MT4 offers several advantages for traders who prefer simplicity and disciplined execution.

• No Martingale: Avoids progressive lot increases to recover losses.

• No Grid Trading: Does not accumulate positions through grid-based entries.

• No Position Averaging: Each trade is managed independently.

• Predefined Risk Parameters: Every position has its own Stop Loss and Take Profit.

• One Trade Per Pair: Limits simultaneous active positions on each currency pair.

• Small Account Friendly: Designed to operate with relatively small starting balances.

• Multi-Pair Trading: Supports eight different Forex currency pairs.

• MT4 Compatibility: Runs on the widely used MetaTrader 4 platform.

• ECN/Raw Account Recommendation: Designed to be used with low-spread trading conditions.

The_Solomon EA is particularly suitable for traders who want to avoid complex recovery-based trading systems and prefer predefined trade exits.

The Solomon EA MT4 Backtest Results

The Solomon EA MT4 Backtets

Risk Management & Alerts

Risk management is an important part of automated Forex trading. Although The Solomon EA MT4 avoids Martingale and Grid strategies, every Forex trade still carries financial risk.

Recommended Trading Settings

Supported Currency Pairs

The Solomon EA MT4 supports the following eight currency pairs:

Important Risk Considerations

1. Position Sizing

The suggested 0.02 lot size for a $100 account should be evaluated carefully against the actual Stop Loss distance and account equity.

A small account can still experience substantial percentage losses if the position size is too large.

2. Currency Correlation

Several supported pairs share common currencies, particularly CHF, USD, and AUD.

Multiple positions across correlated pairs may increase overall account exposure, even when the EA limits trading to one position per pair.

3. Spread and Execution

ECN or Raw accounts are recommended to help reduce transaction costs. However, commissions, slippage, and spread fluctuations can still affect trading results.

4. Market Volatility

Major economic announcements and unexpected market movements can cause slippage or losses beyond the expected Stop Loss execution price.

5. Historical Performance

Although the EA may have a historical trading track record, past performance does not guarantee future results.

Always test the system on a demo account before trading with real money.

Pros and Cons

Overall, The Solomon EA MT4 provides a relatively straightforward approach to automated Forex trading, particularly for traders who prefer individual trade management over aggressive recovery-based strategies.

How to Install The_Solomon EA MT4

Follow these simple steps to install and run The Solomon EA on MetaTrader 4.

Step 1: Download the EA

Download The Solomon EA MT4 file provided by the developer.

The file should normally have an .ex4 extension.

Step 2: Open MetaTrader 4

Launch MetaTrader 4 and log in to your trading account.

Step 3: Open the Data Folder

Navigate to:

File → Open Data Folder

Open the following directory:

MQL4 → Experts

Step 4: Install the Expert Advisor

Copy the downloaded .ex4 file into the Experts folder.

Step 5: Refresh the Navigator

Return to MT4, open the Navigator panel, right-click Expert Advisors, and select Refresh.

The_Solomon EA should now appear in your Expert Advisors list.

Step 6: Open the M15 Chart

Open an M15 chart for each supported currency pair:

Step 7: Attach the EA

Drag The_Solomon EA onto each corresponding M15 chart.

Configure the lot size and other available input parameters according to your account balance and risk tolerance.

Step 8: Enable Automated Trading

Make sure the following settings are enabled:

• Allow live trading in the EA settings.

• Enable AutoTrading on the MT4 toolbar.

• Confirm that automated trading permissions are correctly configured.

Step 9: Monitor Trading Activity

Check the Experts and Journal tabs to confirm that the EA is operating correctly.

For continuous automated trading, a reliable VPS is recommended.

What’s Included in the Download Package?

• Experts:  The Solomon.ex4

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Final Thoughts

The Solomon EA MT4 is an automated Forex trading solution designed for traders who value disciplined execution, individual trade management, and predefined risk parameters.

By avoiding Martingale, Grid Trading, and position averaging, the EA follows a straightforward trading approach in which each position has its own Stop Loss and Take Profit.

Its one-trade-per-pair structure, support for eight currency pairs, and compatibility with ECN and Raw accounts make it an interesting option for traders exploring automated Forex trading on smaller account balances.

Whether you are a beginner looking for an automated trading solution or an experienced trader seeking a non-Martingale Forex EA, The Solomon EA MT4 offers a structured approach worth evaluating.

No Martingale. No Grid. No Averaging. Just Structured Forex Trading.