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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THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING  and watch my video about it. The price of the ManHedger will increase to 250$ after 20 copies sold. Contact me for user support or bug reports or if you want the MT4 version! MT4 Version  I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading s
Bots Builder Pro MT5
Andrey Barinov
4.17 (6)
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
Crystal Trade Manager – Advanced MT5 Risk and Trade Control Utility Overview Crystal Trade Manager (CTM) is a professional MetaTrader 5 utility designed for risk management, trade automation, and instant execution control. It provides traders with an integrated system for protecting equity, managing daily drawdowns, controlling lot sizes, and applying automation features such as automatic SL/TP, break-even, and trailing stop. The tool is suitable for manual traders, prop-firm challenge particip
Global Investing FX Terminal
Santiago Nicolas Pla Casuriaga
O Global Investing FX Terminal exibe treze painéis analíticos sobrepostos ao gráfico no MetaTrader 5 — taxas de política monetária, posicionamento COT do CFTC, rankings de carry, surpresas econômicas, skew de opções, sentimento de varejo e correlações — com atualização a cada 10 segundos a partir de um único EA. Nenhum software externo é necessário. A análise profissional de câmbio exige acesso simultâneo a dados que normalmente ficam espalhados em plataformas distintas: derivativos de taxas, po
RiskGuard Management
MONTORIO MICHELE
5 (22)
ATENÇÃO : Para uma versão de teste gratuita, visite o meu site. Manual de instruções RiskGuard Management — O seu aliado definitivo para um trading sem compromissos. Lot Calculator — Cálculo automático do tamanho do lote. Quantum — Risco automático para maximizar os lucros e reduzir os drawdowns. Automatic Journal — Incluído e disponível para download gratuito no meu site. Automatic Screenshot — Duas capturas de ecrã: uma na abertura e outra no fecho da operação. Partial Profit — Saídas parcia
Mt5 To InterativeBrokers Copier allows you to copy deals from MT5 account to Interactive Brokers. With this, you can run your EA strategy on a MT5 Demo/Real Account, then copy all the deals to Interactive Brokers account real time. Features: 1. Copy or Invert-Copy deals Realtime from MT5 to IB Account. 2. Synchronizing positions of both accounts periodicaly, in case any missing copying. 3. You can choose only Buy position or Sell position. Symbols Setup: General Format:  {MT Symbol} -> {IB S
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