SafetyLock - Position Security and Opening Opposite Pending Orders with LOCK (HEDGE)
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SafetyLock - Position Security and Opening Opposite Pending Orders with LOCK (HEDGE)

25 June 2019, 16:45
Vladislav Andruschenko
Vladislav Andruschenko
7
3 767
🛡 Exp – SafetyLock PRO for MetaTrader 4 & MetaTrader 5

Professional position protection utility that opens opposite pending orders to create a LOCK / HEDGE when the market moves against your trade.

SafetyLock PRO is designed for traders who want an additional protection layer for manual trades, Expert Advisors, grid systems, averaging strategies and recovery trading.



💎 SafetyLock MT4 💎 SafetyLock MT5
⬇ Download Demo 📘 Full Instruction
▶ Watch Video 🛒 All Expforex Products

🏠 Main 🎓 Documentation ⚙ Settings
❓ FAQ ⭐ Reviews 💬 Comments

🎬 Watch How SafetyLock PRO Protects Positions

The video shows the main idea of SafetyLock: an original trade is protected by an opposite pending order, and if the market moves against the position, the safety order can create a LOCK / HEDGE.


🚀 What is SafetyLock PRO?

SafetyLock PRO is a professional MetaTrader utility created to protect open positions by placing opposite pending orders. If the market suddenly moves against the original trade, the protective pending order can be activated and form a LOCK / HEDGE.

The main idea is simple: when you or another Expert Advisor opens a position, SafetyLock PRO can automatically place a protective pending order in the opposite direction. This gives the trader an additional layer of control during sharp market reversals.

SafetyLock PRO is not a magic system and not a replacement for risk management. It is a professional assistant for traders who understand that any manual trade, grid system, averaging strategy or Expert Advisor can make a wrong entry. SafetyLock gives such systems a structured protection mechanism.

🛡 Position Protection

Places opposite pending orders for already open positions.

🔁 LOCK / HEDGE Logic

If price moves against the original position, the safety order can create a protective lock.

⚙ Flexible Filters

Monitor all symbols, one symbol, manual trades, selected Magic numbers or comments.

📌 Advanced Recovery Control

Use lot multiplier, several safety orders, trailing, closing rules and pending order modification.


⭐ Why Traders Use SafetyLock PRO

  • Protect manual trades with opposite pending orders
  • Protect positions opened by other Expert Advisors
  • Create LOCK / HEDGE structures when the market moves against the original position
  • Use pending Buy Stop / Sell Stop orders instead of simple emotional manual hedging
  • Filter monitored trades by symbol, type, Magic number, comment or lot size
  • Use lot multiplier for protective orders through MNLOT
  • Create several safety orders for one original position
  • Move pending orders dynamically when the market moves
  • Close the original position when the SafetyLock position compensates the loss
  • Add trailing and breakeven logic for additional protection scenarios
⚠ Important: SafetyLock PRO does not remove trading risk. It creates a protection structure that must be configured correctly. Incorrect distance, lot multiplier, leverage or recovery settings can increase risk instead of reducing it.


⚙ How SafetyLock PRO Works

SafetyLock PRO monitors open positions according to your filters. When it finds a position that matches the selected symbol, Magic number, comment, lot range and trade type, it can place an opposite pending order at the configured distance.

1️⃣ Position Monitoring

The EA checks open positions according to symbol, Magic number, comment, trade type and lot filters.

2️⃣ Protective Order Placement

For a BUY position, the EA can place a Sell Stop. For a SELL position, it can place a Buy Stop.

3️⃣ Market Reversal Protection

If the market moves against the original position, the pending safety order can be triggered.

4️⃣ Lock Management

After activation, the system can manage the SafetyLock position with closing logic, trailing, breakeven or other rules.


📌 Basic Example

Step Example
1 You or another EA opens a BUY position on EURUSD.
2 SafetyLock PRO places a Sell Stop pending order below the current price.
3 If the price continues upward, SafetyLock can modify the pending order according to the settings.
4 If the market reverses and moves down, the Sell Stop is activated.
5 A LOCK is created: the original BUY position and the SafetyLock SELL position.
6 Depending on your settings, the EA can trail the safety position, close the original position, or manage the lock further.


🧩 Typical Use Cases

Scenario How SafetyLock Helps
Manual trading protection You open a position manually, and SafetyLock places a protective opposite pending order.
Protection for another EA SafetyLock monitors positions opened by another Expert Advisor using Magic number filters.
Grid or averaging recovery The tool can help create a controlled lock when the original system goes against the market.
Lot-based protection Monitor only positions above or below a defined lot size using Min_Lot_Monitoring and Max_Lot_Monitoring.
Several safety orders Use NumberofStopOrder and DistancefromStopOrders to build a grid of protective pending orders.
Profit compensation logic Close the original trade if SafetyLock profit covers the loss of the protected position.


⚙ Main Settings You Should Understand

SafetyLock PRO has many parameters because it is a flexible protection system. The full list is available in the Settings section. Below are the most important groups.

Setting Why it matters
SymbolMonitoring Controls whether the EA monitors all symbols, only the current symbol or a specific symbol list.
Type_Monitoring Defines what trade direction should be monitored: BUY, SELL or ALL.
Magic_Monitoring Allows SafetyLock to protect manual trades, all trades or trades from selected Expert Advisors.
Comment_Monitoring Filters trades by comment before creating a safety order.
Min_Lot_Monitoring / Max_Lot_Monitoring Limits which position volumes should be protected.
StopOrderDeltaifUSE Distance in points for placing the SafetyLock pending order.
DynamicStopOrderDelta Allows dynamic distance calculation depending on the lot size of the protected position.
MNLOT Lot multiplier for the protective pending order.
NumberofStopOrder Number of safety pending orders for one protected position.
ModifyOrdPend Allows the EA to modify the pending order price when the market moves.
ReopenClosedSafetyOrders Can reopen SafetyLock pending orders if previous safety orders were closed while the original position is still open.
CloseOneifStopsActive Can close the original position when the safety pending order is activated.

📘 Want the full parameter list? Open the complete SafetyLock Settings documentation before using advanced protection scenarios.


🔒 Lock Management and Recovery Logic

SafetyLock PRO is not limited to placing one opposite pending order. It includes several advanced scenarios for managing the original position and the SafetyLock position after the protective order is activated.

Function Purpose
Close_One_if_Safety_Closed_In_Profit Can close the original trade if a closed SafetyLock trade has already generated enough profit to compensate the original loss.
Close_One_if_Safety_More_profitable Can close both positions when the active SafetyLock trade becomes more profitable than the loss of the original trade.
CloseSafetyPositionsifclosed Can close active SafetyLock positions after the original trade has been closed.
Remove_TAKEPROFIT_ofOriginalifStopsActive Can remove Take Profit from the original trade after the safety order is activated.
Remove_STOPLOSS_ofOriginalifStopsActive Can remove Stop Loss from the original trade after the safety order is activated.
TrailingStopUSE Can manage the SafetyLock position with trailing logic.
BreakEven settings Can help move protection logic toward a safer price zone when conditions allow.


✅ When SafetyLock PRO Can Be Useful

  • You trade manually and do not want to watch the screen all the time.
  • You use another EA and want external protection for its positions.
  • You use grid, averaging, recovery or martingale-style logic and want a structured lock mechanism.
  • You want to protect only selected symbols, selected Magic numbers or selected lot sizes.
  • You want to create several opposite pending orders for one position.
  • You need a tool that can delete safety orders when the original position is closed.
  • You want more control than a simple Stop Loss, but you understand the risks of hedge/lock trading.

⚠ When You Must Be Careful

  • LOCK / HEDGE can reduce uncontrolled loss, but it can also create a complex position structure.
  • A larger MNLOT multiplier can increase both recovery potential and risk.
  • Too small StopOrderDeltaifUSE can create protection too close to price noise.
  • Too many safety orders can increase margin usage.
  • Wrong filters can protect positions you did not intend to protect.
  • Always test your setup on demo before using it on a real account.


🌐 Broker, Account and VPS Recommendations

SafetyLock PRO uses pending orders, order modification, position monitoring and lock logic. Broker execution and account rules matter.

✅ Recommended

  • Broker that allows hedging / lock positions
  • Stable execution of pending orders
  • Reasonable stop levels and symbol specifications
  • Sufficient margin for lock and recovery structures
  • Reliable VPS for continuous monitoring
  • Demo testing before real use

⚠ Check Carefully

  • Whether your account supports hedging
  • Minimum stop distance for pending orders
  • Broker rules for order modification
  • Margin requirements after lock activation
  • Spread widening during news
  • Execution quality during volatility


🛠 How to Install SafetyLock PRO

Installation is standard for MQL5 Market products, but correct setup is very important because SafetyLock PRO must monitor the right positions.

Step Action
1 Buy, rent or download the demo version of SafetyLock PRO.
2 Open MetaTrader 4 or MetaTrader 5 and log in to the MQL5 account used for the product.
3 Install the product from the Market section of the terminal.
4 Attach SafetyLock PRO to a chart. If SymbolMonitoring is ALL_SYMBOL, it can monitor all account symbols.
5 Enable Algo Trading / Auto Trading in the terminal.
6 Allow automated trading in the EA settings window.
7 Select what positions to monitor: all trades, manual trades, selected Magic numbers, selected symbols or selected comments.
8 Configure StopOrderDeltaifUSE, MNLOT, Stop Loss, Take Profit and additional close logic.
9 Test the setup on a demo account before using real funds.
10 Monitor margin, lock status, pending orders and active SafetyLock positions.

🔗 Useful Links

🔹 How to Buy and Install a Market Advisor

🔹 Download Demo and Full SafetyLock Guide

🔹 Read Full Documentation

🔹 Open Settings Section

🔹 Read FAQ


🆚 SafetyLock PRO vs Simple Stop Loss

SafetyLock PRO is not simply a Stop Loss replacement. A Stop Loss closes the original trade at a loss. SafetyLock creates a protective opposite pending order that can form a lock and give the trader more recovery-management options.

Simple Stop Loss SafetyLock PRO
Closes the position at a predefined loss Can open an opposite protective pending order
Simple and clear risk limit More flexible but more complex lock-management logic
No recovery structure after closure Can manage the safety position after activation
Lower complexity Requires careful settings and margin control


📌 Practical Recommendations Before You Start

  • Start with a demo account.
  • Use conservative distances first.
  • Do not use a large MNLOT multiplier without understanding margin risk.
  • Check whether your account supports hedge / lock positions.
  • Use filters carefully: symbol, Magic number, comment and lot size.
  • Monitor pending orders after attaching the EA.
  • Check what happens when the original position closes.
  • Do not use advanced recovery logic before testing simple protection first.
  • Use a stable VPS if SafetyLock must monitor positions continuously.
  • Read the full settings documentation before enabling complex scenarios.


⚠ Risk Warning

Trading Forex and CFDs involves risk. SafetyLock PRO can help organize protection and lock-management logic, but it cannot guarantee profit or remove market risk. Hedge / lock structures can increase margin usage and create complex recovery scenarios. Always test your settings on demo before using real funds.


🏁 Final Thoughts

SafetyLock PRO is created for traders who want more control over open positions and protection against sharp market reversals. It is especially useful for manual traders, grid systems, averaging strategies and Expert Advisors that may sometimes need an external defensive layer.

If you understand hedge/lock trading, use correct filters, test your distances and manage margin carefully, SafetyLock PRO can become a serious protection assistant for MetaTrader 4 and MetaTrader 5.

🚀 Start with SafetyLock PRO Today

Watch the video, download the demo, read the full instruction, test protection scenarios on your broker and decide whether SafetyLock PRO fits your trading system.
▶ Watch Video ⬇ Download Demo
📘 Read Documentation ⚙ Open Settings
💎 Buy SafetyLock MT5 💎 Buy SafetyLock MT4



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