MasterLocker

MasterLock EA – The Ultimate Risk & Profit Management Tool

Description:

MasterLock EA is an advanced automated trading risk manager designed to protect your trading capital by enforcing strict risk control measures. Whether you are a manual trader or using other Expert Advisors (EAs), MasterLock ensures you never overtrade, exceed your risk limits, or give back your hard-earned profits.

This EA does not place trades—instead, it acts as a security system for your account, automatically monitoring floating losses, equity drawdowns, and daily profit targets. When preset limits are reached, MasterLock closes all trades and blocks further trading for the rest of the day to ensure disciplined trading.

Key Features:

✅ 1. Automated Risk Management

  • Floating Loss Protection – Closes all trades when floating losses hit a predefined limit.
  • Daily Equity Loss Protection – If your account equity drops by a set amount from its highest point of the day, trading is blocked.
  • Daily Profit Lock – Once your closed profit reaches a predefined amount, the EA stops trading to lock in your gains.

✅ 2. Real-Time Monitoring & Live Printouts

  • Displays real-time trading statistics in the Experts Tab, including:
    • Starting balance for the day
    • Current equity
    • Daily closed profit
    • Floating profit/loss
    • Equity drawdown from the daily peak
  • Allows you to track your profit & loss in real-time without needing external tools.

✅ 3. Trade Blocking Mechanism

  • When any risk limit or profit target is hit, MasterLock closes all open trades and prevents new trades (both manual & automated) for the rest of the trading day.
  • Prevents emotional revenge trading and greed-based overtrading.

✅ 4. Automated Daily Reset

  • The EA automatically resets at the start of the next trading day, allowing fresh trades with new risk and profit limits.

✅ 5. Mobile Push Notifications

  • Sends instant push notifications to your MetaTrader mobile app when trading is blocked due to:
    • Floating loss limit hit
    • Daily equity drawdown limit hit
    • Daily profit target reached
  • Stay informed even when you're away from your trading platform!

How MasterLock EA Works

  1. Set your daily risk limits & profit target in the EA inputs:

    • MaxFloatingLoss → The maximum floating loss before all trades are closed.
    • MaxDailyEquityLoss → The maximum drop in equity before trading is blocked.
    • DailyProfitTarget → The profit threshold that, when reached, stops trading for the rest of the day.

  2. Attach MasterLock EA to any chart – it monitors the account, so the symbol does not matter.

  3. The EA continuously tracks account performance and takes action when limits are hit.

  4. If limits are triggered:

    • All trades are closed.
    • Trading is blocked for the rest of the day.
    • A push notification is sent to your phone.
    • Live stats are displayed in the Experts Tab.

  5. At the start of the next trading day, the EA resets automatically, allowing fresh trades.

Who Should Use MasterLock EA?

  • Manual traders who need automated protection to prevent overtrading and emotional trading.
  • EA traders who want an additional risk control layer to prevent excessive drawdowns.
  • Funded account traders who must comply with strict risk management rules (e.g., FTMO, MyForexFunds).
  • Scalpers & Day Traders looking for automated daily trade limits to secure profits and minimize losses.


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Utilities
A tool that can instantly calculate position size or risk based on a given stop-loss level is critical for both professional and novice traders. The TRADE PRO trading utility provides fast and accurate calculations, helping you make decisions in time-sensitive and volatile market conditions. MT4 VERSION   /       Additional installation materials Main functions: Original. Simple. Effective. A unique and convenient way to open the main trading panel: Hover your mouse over the right side of the ch
Bots Builder Pro MT5
Andrey Barinov
4.17 (6)
Utilities
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Builde
Discord Signal Notifications
Liudmyla Medvedenko
Utilities
Discord Signal Notifications — это мощный инструмент для трейдеров, проповодов и управляющих счетами, который автоматически отправляет все ваши торговые события в канал или чат Discord. Главное преимущество — Глобальный мониторинг. Вам не нужно устанавливать советник на каждый график. Достаточно запустить одну копию утилиты на одном любом окне, и она будет отслеживать действия по всем инструментам и всем счетам в вашем терминале одновременно. Основные возможности Глобальный мониторинг счёта Ути
Global Investing FX Terminal
Santiago Nicolas Pla Casuriaga
Utilities
The Global Investing FX Terminal is an all-in-one FX dashboard for MetaTrader 5 — CB policy rates, CFTC COT positioning, carry rankings, economic surprises, options skew, retail sentiment, and correlations, thirteen panels in total — rendered on a single zero-flicker canvas overlay and refreshing every 10 seconds from one attached EA. No external software required. Professional FX analysis requires simultaneous access to data that normally lives in separate platforms: rate derivatives, governmen
RiskGuard Management
MONTORIO MICHELE
5 (22)
Utilities
ATTENTION For a free trial version, visit my website. Manual QUANTUM RiskGuard Management — Your ultimate ally for uncompromising trading. Lot Calculator — Automatic lot size calculation. Quantum — Automatic risk to maximize profits and reduce drawdowns. Automatic Journal — Included and freely downloadable from my website. Automatic Screenshot — Two screenshots: one at entry and one at exit. Partial Profit — Smartly managed partial exits. Smartphone Trading — Place orders from your mobile, mana
Double X Trade
Gayathiri Gopalakrishnan
5 (2)
Utilities
DOUBLE X TRADE  SIGNAL MULTIPLIER DOUBLE X TRADE is a MetaTrader 5 Expert Advisor designed to operate alongside existing Expert Advisors and provide additional trade-management functionality. The EA can monitor trading activity on the account and perform actions according to user-defined settings, risk parameters, and operating mode configuration. DOUBLE X TRADE is intended for traders who want an additional management layer while continuing to use their existing Expert Advisors. The product doe
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