Lock Bot

This utility is designed to automatically maintain a "locking" position and reopen it when necessary, which is suitable for position maintenance and protection strategies.

A simple utility (hereinafter referred to as the bot) that implements a locking strategy with an infinitely reloadable locking trade.

How the bot works:

- When launched, select a buy or sell order with a specified TP

- Set the SL parameter for the locking trade

- The bot monitors the distance between the opening price of the first trade and the current one. If the distance reaches the specified points specified in the settings between trades, it opens a locking trade in the opposite direction.

- If the locking trade closes, a new one is automatically opened, creating a "locking" position.


Recommendations:

The bot can be used at key levels, launching it from highs and lows, thereby waiting for a trend reversal. It can also be used during important news releases.


WARNING!

The bot is dangerous during consolidation periods!


IMPORTANT!

1) Gaps can prevent you from opening a locking trade!

2) Don't forget to take overnight spreads into account!

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MONTORIO MICHELE
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Auto Lock Bot
Artem Alekseev
Principle of operation of the Auto Lock Bot advisor Core Concept:   This is an expert advisor for trading Bollinger Band bounces (reversal strategy) with a hedging (locking) system. How it works: Entry Signal:   The EA waits for the price to touch (close above or below) the upper or lower Bollinger Band (BB). Touching the upper band is a   SELL   signal, touching the lower band is a   BUY   signal. This is an attempt to catch a reversal from the volatility boundaries. Main Trade:   Upon receivin
Alekseev Pro
Artem Alekseev
How does it work? Like a robot assistant. 1. Preparation for work You set the settings (like instructions for the robot): Where to display the information window Which orders to place (up to 5 orders) At what prices to activate them How much you are willing to lose (stop loss) How much you want to earn (take profit) 2. Placing orders The robot places pending orders – like "traps" for the price: BUY STOP   – "buy when the price is ABOVE the specified level" SELL STOP   – "sell when the price is
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