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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Your backtest filled every order at the price it asked for. Your account does not. EA Slipstream measures what execution costs your EA, using your own fills, slippages and spreads to show you the true performance of your EA. A backtest prices every trade at the level the EA named. In live trading a pending order fills at whatever price is available when it triggers, a stop closes wherever the market is when it is hit, and the spread at that moment is whatever the account was quoting. The differ
Dynamic Fibonacci Grid
Tsvetan Tsvetanov
5 (1)
Utilitaires
Présentation de la dernière version du Dynamic Fibonacci Grid Dashboard pour MT5. Désormais doté de nombreuses nouvelles fonctionnalités, ce tableau de bord transforme votre expérience de trading et vous permet de visualiser le marché et l’action des prix sous un angle totalement différent. Découvrez de nouvelles possibilités grâce à l’analyse simultanée de plusieurs périodes et de plusieurs symboles. Interface conviviale pour le trading manuel et la gestion des positions, avec une capacité éte
Mentfx Mmanage mt5
Anton Jere Calmes
4.25 (8)
Utilitaires
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
EA Auditor
Stephen J Martret
5 (5)
Utilitaires
EA Auditor is an independent analysis tool for traders evaluating Expert Advisors and trading signals on MetaTrader 5. It audits backtest reports, reviews posted developer signals, and cross-verifies the two against each other to help traders assess strategies before committing capital. The MQL5 market offers a wide range of Expert Advisors from many developers, with varying approaches, quality, and transparency. EA Auditor provides a consistent, data-driven framework for reviewing them, answer
AMPyraGRID Anti Martingale Pyramid Grid
Davide Zunino
Utilitaires
This Expert Advisor waits a position to be opened, no matter if you open manually or with the EA buttons or eventually via mobile: it creates a Grid in Anti Martingale with pending stop orders in the same direction of the first position. You can specify the number of orders, the size and the distance between the orders. You can also adjust the Monetary Target of the Grid, the monetary Stop Loss, the Intermediate Target (when reached the EA insert an order with opposite direction of the total pos
Veron Link Master
Xuan Truong Ha
Utilitaires
VERON LINK MASTER MT5 — Real-time Multi-Account Dashboard & Sync Controller Veron Link Master is a high-performance, centralized monitoring and synchronization control center designed for MetaTrader 5. Built specifically for traders managing multiple accounts, prop firm portfolios, grid/martingale EAs, or client networks, Veron Link Master provides a seamless, ultra-modern dark-themed GUI dashboard directly on your MT5 terminal. Pricing Structure: Take advantage of our early-bird pricing before
Veron link slave
Xuan Truong Ha
Utilitaires
Veron Link Slave – Synchronized Grid, Martingale & Breakout Management Short Description Advanced synchronization tool designed to manage Grid, Martingale, and Breakout EAs. Automatically sends close-basket signals to the Master account upon profit target completion, minimizing slippage across different brokers. Full Description Veron Link Slave is a specialized utility developed to enhance the execution efficiency and risk management of multi-account or multi-broker trading setups. It is desig
HINN Lazy Trader
ALGOFLOW OÜ
5 (1)
Utilitaires
The core idea: using the user interface, you configure the parameters the chart must meet before entering a position (or positions), choose which entry models to use, and set the rules for when trading and planning should end. Lazy Trader  handles the rest: it  takes over all the routine chart watching and execution! full description  :: 3 key videos [1] ->  [2]   ->  [3] What can it do? - Understands Larry Williams market structure - Understands swing market structure by Michael Huddleston
Quant AI Agents
Ho Tuan Thang
5 (1)
Utilitaires
Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
MT5 To Interactivebrokers Trader
Shaoping Kuang
3.67 (3)
Utilitaires
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Expert Adviso
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