Market / MetaTrader 5 / Experts /

Classic Lock MT5

75 USD

Demo downloaded: 370

Published: 7 July 2022

Current version: 1.5

Classic Lock MT5

Experts
Oleksandr Vlasenko
Version: 1.5
Updated: 13 December 2022
Activations: 10

Classic Lock is a trading system that combines several different algorithms: both for opening a transaction and for its support. The system uses averaging, hedging, and in its essence, is a breakout strategy that trades with the trend. The strategy can trade on almost any instrument: gold, oil, currency pairs, etc. Good for trading in volatile markets.

Features:

•    The Expert Advisor can be attached to ANY TIMEFRAME, since the settings already contain the trading parameter for the required timeframe (the "TimeFrame_for_Strategy" parameter).
•    You can use any types of accounts: RAW/ECN, Standard, Cent.
•    To increase the likelihood of success, if you are trading in semi-automatic mode, set the direction of the 1st transaction using the direction of the trend on higher timeframes, also assessing the political and economic situation at the current moment. This can be done both in the EA parameters and using the buttons on the chart (First BUY, First Sell).
•    The EA has several strategies for opening the 1st trade in a series of positions (the "Select_Enter_Signal" parameter). If you want to immediately start a new series of positions, then use the buttons on the chart "Fast 1st BUY" or "Fast 1st SELL".

TRADING INSTRUCTION STEP BY STEP: attach the adviser to the chart, load the required settings. Ready!

If you are trading in semi-automatic mode you also have to set the most likely direction for the first trade (Buy or Sell).

Set files (settings) and a detailed description of the EA parameters can be found on the blog page: https://www.mql5.com/en/blogs/post/749757
P.S. Important points on the work of an expert will be discussed in the comments thread, read and ask questions!

more...

624

Manish Kumar 2023.02.08 00:50 #

It's a little complicated to read instructions, but this EA works great even during volatile markers. I used it for over a month and it keeps giving consistent profits without much drawdown.

Sometimes the market becomes volatile and we need algorithms that operate this volatility regardless of its direction. This system tries to take advantage in moments of high volatility. It has 5 levels of input filters that it is recommended to adjust depending on the volatility, the average value would be mode 3, below the sensitivity decreases, above it increases. You can download the demo and test it yourself. Very stable growth curve as result of smart averaging techniques. "Safety

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Classic Lock is a trading system that combines several different algorithms: both for opening a transaction and for its support. The system uses averaging, hedging, and in its essence, is a breakout strategy that trades with the trend. The strategy can trade on almost any instrument: gold, oil, currency pairs, etc. Good for trading in volatile markets. Features: • The Expert Advisor can be attached to ANY TIMEFRAME, since the settings already contain the trading parameter for the required

75 USD

Filter:

624

Manish Kumar 2023.02.08 00:50 #

It's a little complicated to read instructions, but this EA works great even during volatile markers. I used it for over a month and it keeps giving consistent profits without much drawdown.

Version 1.5 2022.12.13

Bug fixes.

Version 1.4 2022.11.29

- bug fixes
- changed notification window

Version 1.3 2022.11.21

- buttons for pending orders added to the panel
- added a "fast open" strategy that allows you to open orders instantly, rather than waiting for indicator signals
- fixed a bug with averaging orders, which occasionally occurred when using the "Fast 1st Buy" and "Fast 1st Sell" buttons

Version 1.2 2022.10.11

Added new condition "by Ticks but TP by M1" for "Ticks or open m1" parameter. At which the calculation of averaging trades will be strictly "by Ticks", and the closing of trades by "by M1".

Version 1.1 2022.08.08

Fixed bug with magic number.