diff --git a/airflow/sensors/external_task_sensor.py b/airflow/sensors/external_task_sensor.py
index 1b93528ad32b1c..2dc08750fed4e7 100644
--- a/airflow/sensors/external_task_sensor.py
+++ b/airflow/sensors/external_task_sensor.py
@@ -104,7 +104,7 @@ def poke(self, context, session=None):
         if self.execution_delta:
             dttm = context['execution_date'] - self.execution_delta
         elif self.execution_date_fn:
-            dttm = self.execution_date_fn(context['execution_date'])
+            dttm = self._handle_execution_date_fn(context=context)
         else:
             dttm = context['execution_date']
 
@@ -159,6 +159,26 @@ def poke(self, context, session=None):
         session.commit()
         return count == len(dttm_filter)
 
+    def _handle_execution_date_fn(self, context):
+        """
+        This function is to handle backwards compatibility with how this operator was
+        previously where it only passes the execution date, but also allow for the newer
+        implementation to pass all context through as well, to allow for more sophisticated
+        returns of dates to return.
+        Namely, this function check the number of arguments in the execution_date_fn
+        signature and if its 1, treat the legacy way, if it's 2, pass the context as
+        the 2nd argument, and if its more, throw an exception.
+        """
+        num_fxn_params = self.execution_date_fn.__code__.co_argcount
+        if num_fxn_params == 1:
+            return self.execution_date_fn(context['execution_date'])
+        elif num_fxn_params == 2:
+            return self.execution_date_fn(context['execution_date'], context)
+        else:
+            raise AirflowException(
+                'execution_date_fn passed {} args but only allowed up to 2'.format(num_fxn_params)
+            )
+
 
 class ExternalTaskMarker(DummyOperator):
     """
diff --git a/tests/sensors/test_external_task_sensor.py b/tests/sensors/test_external_task_sensor.py
index 25ef8b70490ab7..0e5e960abbe3fd 100644
--- a/tests/sensors/test_external_task_sensor.py
+++ b/tests/sensors/test_external_task_sensor.py
@@ -251,6 +251,28 @@ def test_external_task_sensor_fn(self):
                 ignore_ti_state=True
             )
 
+    def test_external_task_sensor_fn_multiple_args(self):
+        """Check this task sensor passes multiple args with full context. If no failure, means clean run."""
+        self.test_time_sensor()
+
+        def my_func(dt, context):
+            assert context['execution_date'] == dt
+            return dt + timedelta(0)
+
+        op1 = ExternalTaskSensor(
+            task_id='test_external_task_sensor_multiple_arg_fn',
+            external_dag_id=TEST_DAG_ID,
+            external_task_id=TEST_TASK_ID,
+            execution_date_fn=my_func,
+            allowed_states=['success'],
+            dag=self.dag
+        )
+        op1.run(
+            start_date=DEFAULT_DATE,
+            end_date=DEFAULT_DATE,
+            ignore_ti_state=True
+        )
+
     def test_external_task_sensor_error_delta_and_fn(self):
         self.test_time_sensor()
         # Test that providing execution_delta and a function raises an error