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Open lock


The Expert Advisor helps reduce the account drawdown.

To do this, the losing deal is split into multiple small parts, each of these parts is closed separately.

The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders.

Open lock for MetaTrader 5 is available here

Methods used by the EA

  1. Locking to prevent a drawdown increase
  2. Averaging orders used to cover the loss
  3. Partial closure to reduce the load on deposit

Averaging orders are opened with a small lot so as not to load the deposit.

Profit of these orders is used to partially close the losing position.

Recommendations on setting up and using Open Lock are described in the blog

Expert Advisor Parameters

  • Language - interface language of the control panel
  • Magic Number - unique identifier of averaging orders. It must not coincide with the magic numbers of other EAs
  • Start work - when to start working
    • At startup - right after starting
    • By drawdown level - after reaching the drawdown level
  • Drawdown in currency - drawdown value in the deposit currency(it must be specified in case 'By drawdown level' is selected)
  • Stop another advisors - stop the operation of other experts in the terminal (works only when the drawdown level is reached)
    • Not use - disable this feature
    • Close chart with same symbol (for single currency advisor's) - close charts of the current symbol. Charts of other symbols will not be closed
    • Close all other charts (for multicurrency advisor's) - close other charts to disable the operation of other experts
  • Action when the risk limit is reached - actions for critically low level of free margin (action is activated 30 seconds after the drawdown is reached)
    • Nothing
    • Locking all positions and stop
    • Сlose all position and stop
  • Equity level in currency - equity level, below which the actions from the previous parameter are triggered (if 0, not used)
  • Equity level in percent - drawdown percentage. If higher than 0, and Action when the risk limit is reached - None, the drawdown value will be displayed on the control panel
  • Maximal lot in average ord (0-not used) - the maximum lot to be opened by the EA in an averaging order. If 0, the lot size is not limited
  • Maximal number average ord in one direction (0-not used) - the maximum number of averaging orders in one direction
  • Maximal step (0-not used) - the maximum step (in pips) that can be set between averaging orders. If 0, the step is not limited. This parameter is only used if the dynamic step is enabled
  • Settings - how to set the EA parameters
    • Use control panel
    • Use expert inputs - parameters must be set in the EA inputs. This mode should be used when working with VPS by MetaQuotes


When you start the Expert Advisor, it opens a deal and then tries to close it with a profit.

To open additional market orders, you can use buttons on the control panel.

Comentários 20
Roman Potekhin
Roman Potekhin 2022.10.23 18:48 

Отличный оветник. Автор дает рекомендации. Смотрите видео по настройке и все будет отлично!

Larry E Liddiard
Larry E Liddiard 2022.05.31 10:14 

Good EA. Outdated documentation...

Martin Vovk
Martin Vovk 2021.11.17 19:14 

Very profitable EA! Great Author, great support ! Sergey, thank you very mutch!

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South EAst EA uses virtual trade in determining position entry and does not use indicators, and it doesn't require complicated settings because user just needs to upload the already available setfile. Currently there are setfiles for more than 20 fx pairs and 2 setfile for GOLD and SILVER IMPORTANT!  for a full support and to get instructions on how to set up, pls leave a message on comment tab after making a purchase Signals:   here  | MT5 version : here   Needs: + VPS with good internet con
600 USD
Apresentando       Quantum Gold Emperor EA   , o inovador consultor especialista em MQL5 que está transformando a maneira como você negocia o prestigioso par XAUUSD (GOLD )! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos. ***Compre Quantum Gold Emperor EA e você poderá obter Quantum Trade EA de graça!*** Pergunte em privado para mais detalhes Sinal ao vivo 1:       CLIQUE Versão MT5:   Clique aqui Canal de EAs quânticos:       Clique aqu
499.99 USD
Xelar EA
Robot Name: Xelar EA Description: Xelar EA - Your Gateway to High-Risk, Potentially Highly Profitable Trading Experiences! Are you in search of a trading robot capable of providing risk-loving traders the opportunity to achieve exceptional profits? Xelar EA could be exactly what you've been looking for. This highly specialized trading robot has been developed to conquer the markets in a unique and efficient manner. Information: After every 5 sales, the price increases by $100. Please contact me
300 USD
Molecule AI
Sergey Ermolov
4.25 (4)
Relatórios V4 desde 2010 |  Versão MT5  |   Como instalar?   |   FAQ !!! NOVA VERSÃO V4 - EM 23/09/2023!!! Adicionado um novo algoritmo mais estável (ver detalhes abaixo). CONFIGURE CORRETAMENTE ANTES DE TESTAR É importante que o Expert Advisor funcione no fuso horário correto, por isso, antes de testar, deve definir corretamente o parâmetro GMT. Como definir corretamente o parâmetro GMT? A configuração deve ser feita no momento em que o mercado está aberto e os ticks são recebidos no terminal
497 USD
Nexus EA Forex
Enrique Enguix
4.72 (29)
Descubra o poder da negociação e OUSE SER UM VENCEDOR agora mesmo! >>>   Em 2010, eu me encontrei no mesmo ponto que você: procurando uma maneira infalível de obter lucros consistentes com as negociações. No entanto, descobri que não era tão simples quanto alguns anúncios faziam parecer. Com o tempo, descobri os segredos para ganhar dinheiro nos mercados e quero compartilhá-los com você. >>>   Deixe para trás a busca pelos chamados "gurus" do mercado que só oferecem promessas vazias. Em vez
789.21 USD
Gold Extractor
Sara Sabaghi
4.38 (40)
Breve sobre, ouro/XAUUSD O ouro é considerado uma mercadoria preciosa há milênios e o preço do ouro é amplamente seguido nos mercados financeiros em todo o mundo. Todas as vezes em Forex, financiadores de hedge e crianças grandes usam ouro para proteger sua cesta do risco de mercado. e eles usam esse ouro como cobertura. Por esse motivo, o ouro mantém o valor bem e o torna um porto seguro confiável, como o sentimento de risco e risco. Quando o dólar americano ganha algum poder, as crianças gr
478 USD
Sup 9 Martingale
Inrexea Limited
The Sup 9 Martingale Trading Robot – a cutting-edge, fully automated 2nd generation InrexEA DB system by OpenEA. This innovative solution learns from XAUUSD market trends and incorporates the best aspects of the retired Ea YOLO Diamond Hands. Fully protect the quality of trades. All trades are in private. Structure of InrexEA Database: Clients > InrexEA DB > OpenAI > InrexEA DB analysis > Clients  InrexEA DB is a cutting-edge database solution primarily built using the powerful Python programmi
2 800 USD
Prestige EA MT4
Svetlana Pawlowna Grosshans
3.67 (6)
The Prestige EA is an advanced Expert Advisor that utilizes neural networks to make trading decisions in the financial market. Developed by a team of experienced financial experts and AI specialists, the Prestige EA aims to make accurate predictions. Live Signals:  Prestige EA High Risk Metatrader 5 Version:  Prestige EA MT5 Sale 50% , only for limited time. The Expert Advisor is based on the concept of machine learning and employs a neural network to analyze historical market data and derive
499 USD
The EW Trends Algo
Murat Yazici
5 (1)
The EW Trends Algo!! MONITOR: (Please, examine the history!)                  I started my signal with a low DD for a trade as 3.75%.     https://www.mql5.com/en/signals/2067837  A LETTER... Dear all, thank you for your interest in The EW Trends Algo! I have published my EA on MQL5. I will try to explain all the things in this letter. My previous EA was good at the prediction of trends. But its 30 pip stop loss point was not enough especially for bad market conditions and manipulations
650 USD
Mais do autor
Sergey Likho
5 (5)
Metusha is a grid trading system, that can trade on buy and sell. Profitable trades the advisor pyramids, to increase profits, unprofitable orders it averages and closes quickly in parts.   Main advantages: Automatic market analysis by author's indicators Non-linear algorithm of money management Averaging and pyramiding of deals Various algorithms for capital protection Application in combination with other Expert Advisors Multiple parameters allow to make flexible settings for any financ
249 USD
Exposure SYL
Sergey Likho
4.96 (89)
iExposure SYL displays information about opened trades considering commissions and swap, which affects the open price and the final outcome and and also allows drawing virtual transactions and calculating possible profits and losses in advance.   Differences from iExposure indicator of MT4:  Separate profit column for BUY and SELL Trade open price considers commission and swap The indicator will come in handy for any hedging strategies that involve opening a large number of oppositely directe
Screen logger
Sergey Likho
5 (17)
Screen logger   with telegram - takes screenshots of all open MetaTrader 4 charts. Why do you need Recording incoming quotations from a broker. In case of any corrections, this moment will be fixed. Check the data of the indicator and notice cases of signal redrawing or overwriting Maintaining own accounting for changes in trading indicators on the account Creation of real trading video from the obtained snapshots Advantages It consumes significantly less resources than any screen recor
Blizzard Adaptive
Sergey Likho
5 (1)
Trend indicator based on a combination of moving averages. Symbols : BTCUSD, GBJPJPY, GOLD, GBPUSD Timframes M5-H4 The main advantage: an additional algorithm of auto-optimization. The indicator can adjust its parameters for any financial instrument and any timeframe. During auto-optimization, the indicator calculates tens of thousands of combinations and finds the one that gives the best series of profitable trades. The best parameters are set by default Indicator settings can
99 USD
Alien MT4
Sergey Likho
The Alien uses an adaptive trading system, which independently adapts to the current market.  The Alien independently determines the trend, looks for signals to enter, analyzes closed trades and adjusts its work depending on the results on the history. It is based on an already trained neural network. Tuning and training are automatic and do not require any additional action. Signal:  https://www.mql5.com/ru/signals/863157#!tab=account Recommended accounts: ECN with floating spread
199 USD
Open lock MT5
Sergey Likho
5 (4)
The Expert Advisor helps reduce the account drawdown. To do this, the losing deal is split into multiple small parts, each of these parts is closed separately. The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders. Open lock for MetaTrader 4 is available here The algorithm of the EA uses counter transactions and a large number of open positions, therefore, need to use it on a hedge account
299 USD
Metusha MT5
Sergey Likho
Metusha is a grid trading system, that can trade on buy and sell. Profitable trades the advisor pyramids, to increase profits, unprofitable orders it averages and closes quickly in parts.   Main advantages: Automatic market analysis by author's indicators Non-linear algorithm of money management Averaging and pyramiding of deals Various algorithms for capital protection Application in combination with other Expert Advisors Multiple parameters allow to make flexible settings for any financ
299 USD
Iurii Ogloblin
Iurii Ogloblin 2023.07.12 06:42 

Поставил советника на три счета с просадкой 10% с разными настройками на советнике. Через 4-5 месяцев советник довел просадку до 100% и слил депозиты. Это примитивный сеточник с функцией закрытия ордеров по кусочкам. Он даже сделки для входа не фильтрует не как. Перед покупкой просмотрел все видео которые есть. Столько рекламы и красивых заявлений. А по факту это полный хлам.

Roman Potekhin
Roman Potekhin 2022.10.23 18:48 

Отличный оветник. Автор дает рекомендации. Смотрите видео по настройке и все будет отлично!

asaens15 2022.09.12 13:21 

It has its pros & cons. A professional programmer would keep documentation updated.

Larry E Liddiard
Larry E Liddiard 2022.05.31 10:14 

Good EA. Outdated documentation...

Sergey Likho
Resposta do desenvolvedor Sergey Likho 2022.05.31 13:58
OL is 5 years old, a few months it was on the 1st line of the mql5 market by popularity, more than 3,000 users, 5 years of development and 39 updates, dozens of hours of videos on YouTube and dozens of chat rooms on telegram with support. You bought the OL yesterday, did not read the instructions and have already given it one star. Did you really use it?
ptbao92 2022.04.25 19:58 

Tôi đã quá nóng vội khi quyết định mua 2 ea của anh ấy , khóa lợi nhuận của anh ấy không hoạt động, và tài khoản sẽ bay bất kỳ lúc nào vì nó sử dụng chiến lược lưới mar

Sergei Schaste
Sergei Schaste 2022.03.28 18:47 

Waste of time or your deposits..

Alisa1997 2021.11.28 11:26 

Давно искал что то подобное, Сргею спасибо!!!

Martin Vovk
Martin Vovk 2021.11.17 19:14 

Very profitable EA! Great Author, great support ! Sergey, thank you very mutch!

Sergey Komarovsky
Sergey Komarovsky 2021.07.01 04:07 

Сова отличная, особенно если с умом её использовать! С её использованием 18 счетов вернулись к жизни ещё 73 в работе. В своей работе использую по 4 (6) экземпляра ОЛа на один инструмент с разными настройками для разных меджиков и для разных направлений (не использую его дефолтное применение в обе стороны одновременно). Сергею отдельное спасибо за постоянную работу над ОЛом, за внесение необходимого дополнительного функционала. Жду с нетерпением закрытие не в $, а в пунктах + альтернативные варианты закрытия (N крайних ордеров + целевой просаженный объём). Друзья, если у кого возникают сложности с настройкой - обращайтесь в чат разработчика - всегда подскажем.

Wohammad Subhi Hassan Abdel Nabi
Wohammad Subhi Hassan Abdel Nabi 2021.06.05 21:41 

The Developer IS A GENIUS..Five Star for my man SERGEY...A MUST HAVE EA if the market BEAT your ass when you trade without STOP LOSS ... :)

Zolomon 2021.05.02 21:39 

hello, i hope you make the EA open a new order after closing the first one to start a new round Thanks

Bakir68 2021.02.18 12:19 

Ge ge huuuuuu!

red1983 2020.11.21 08:46 

Very good tool, test before with small lot, don’t be greedy!!!the problem always is not the instrument but the user!

ayneekeaw 2020.04.25 12:42 

One of the best EA recovery tool. You need to understand how it works and optimize it. My set up is: lot size 3:1 or 4:1 and step 300 to 420

This tool is only for experienced traders who know well how to apply money management. 5 stars from me.

Vasil lupanov
Vasil lupanov 2020.03.16 18:57 

Друго не Ви трябва ! Купете го и бъдете спокойни ! За една седмица ми възстанови 1000 евро. По десет ярки звезди и за робота и за майстора !!!

vladimir9010 2020.02.15 16:29 

Dangerous grid EA with no stop loss! With the big drop of EU my account is blown!

Saya pann
Saya pann 2019.12.05 09:35 

Very promising Recovery EA and support from vendor is excellent.

Lev Vladimirovic Marushkin
Lev Vladimirovic Marushkin 2019.11.23 19:47 

Open Lock Evolution: Was ok, then better, then good, then really good, then great, then mindblowing and now finally we are approaching: WORLDCLASS Thank you Sergey!!

Felix Scholten
Felix Scholten 2019.01.30 18:08 

Great support and tool!

alex4ua 2018.10.26 09:08 

Very weird algorithm. You need year of time to get some result. Or it rather empty your deposit. Vary bad EA.

Responder ao comentário
Versão 5.39 2021.10.29
+ automatic calculation of parameters is updated and works at any drawdown
+ highlighting of orders being worked with has been added
+ added display of deals information in the right corner
+ accelerated work and loading of the Expert Advisor, added status indicator in the bottom corner
Versão 5.38 2021.09.23
-fixed graphic's
Versão 5.37 2021.09.22
-Add zero levels for all orders on account
-Add lots show in right corner
Versão 5.36 2021.09.03
-Added order highlighting
-Add important settings in right corner
Handy features if you use multiple copies of the Open Lock on one symbol
Versão 5.35 2021.06.08
-fix autostart when DD reached
Versão 5.34 2021.05.19
-speed optimization
Versão 5.33 2021.05.17
-speed optimization
Versão 5.32 2021.05.17
-add logging on init
Versão 5.31 2021.05.17
-Add separate EA settings for different magic numbers. (to run several copies of the EA on one symbol, to make complex grids )
Versão 5.30 2021.05.13
-speed optimization
Versão 5.29 2020.11.25
[v] Fixed future level calculations
Versão 5.28 2020.11.18
[v] - Fixed work with far from market price order
Versão 5.27 2020.11.09
[+] Add start work after symbol dd in percent
[v] Fix trall work
Versão 5.26 2020.10.30
[+] - lost orders are now closed with the profit specified in the panel
[+] - disabled auto switch-off when changing the TF
[v] - fixed calculation future levels, when multiplier 1.0
[v] - a significant increase in the speed of the program
Versão 5.25 2020.10.02
[v] - speed optimize
[v] - fix save settings
Versão 5.24 2020.09.10
!!! The list of input parameters has been changed. At startup, check if the magic number is set correctly!!!

[+] List of magic orders, which the EA does not take into account in its work

[+] Choice of the type of deals the Expert Advisor will work with
-Buy and Sell (that was before)
-Only Buy
-Only Sell
[+] Selection of orders to be closed in the first place
- first the distant ones (that was before)
- immediate family first
- first the orders with the largest lot
[+] Run on drawdown
- when the drawdown of the currency by the symbol (was earlier) is reached
- when the drawdown is reached in % by account
- if the specified price crosses above or below the current price
[+] Pause in seconds at closing or full locking of trades at reaching a drawdown (previously the Expert Advisor waited 30 seconds)
[+] If it is necessary to block a large volume, the Expert Advisor will break a trade into parts
[+] Select the time for operation
[+] Stop trading of the Expert Advisor after closing the order grid (parameter Continue trading)

[v] Changed calculation of parameters at high risk
[v] Fixed lot calculation by clicking on i button.
Versão 5.23 2020.06.06
-fixed Trend protect
Versão 5.22 2020.06.05
-OL Calculates future order opening levels. If the deposit is insufficient, the level is marked in red.
-Added OL API 2.0. This allows you to manage OL from any other EA
-The speed of the Expert Advisor has been increased. On slow VPS will work faster
-Improved automatic trailing stop calculation
-Improved algorithm for calculating high risk levels
-Fixes when Trend protect orders work
Versão 5.19 2020.03.14
-Now removing SL and TP with hight speed
-Interface fixed
-Signal filtering inside one candle
Versão 5.18 2020.02.20
-Add open orders on new bar
-Fixed work with one order
Versão 5.17 2019.11.20
-Improvements in the function Simple Trend protect
-speed optimization
Versão 5.16 2019.11.07
-bug fixed
Versão 5.15 2019.11.01
-Partition lock.
-Trailing for profitable positions
-Working with other OL
-CPU load indicator (relevant for slow VPS)
Versão 5.11 2018.11.05
-improved compatibility with the OL panel
-bugs fixed
Versão 5.10 2018.11.02
-Trading algorithm has been changed, the Simple Trend Protest function has been added (enabled in inputs)
-Added automatic calculation of high-risk parameters
-The algorithm for calculating the parameters has been significantly updated
-Calculation and selection of parameters is available before the drawdown of 75%
-The chart displays future levels of opening trades, lots, and the projected loss for recoilless price movement.
-The screen displays information about the actions of the adviser on opening and closing deals
-Information about current drawdown is added to the screen
-All advisor transactions are displayed on the main screen, even if they are not involved in trading
-Calculation of order closing levels has become more accurate
-Updated OLAPI, added new features
-Changed the functionality of the Open Lock panel (previously called the control panel)
Versão 5.9 2018.06.20
- Added Open lock API. The functions facilitate the integration of the OL EA with other experts, and also allow developing plug-ins for expanded features
- OL API allows you to remotely change any settings of the EA
- OL API allows you to open/close and modify orders
- Added the ability to disable removing of stop levels
- Added the ability to set a range of magic numbers for the EA to ignore. (This allows using multiple strategies on a single currency pair)
- Fixed various bugs from previous versions
Versão 5.8 2018.03.28
- Open Lock can now calculate the parameters for trading. This mode is currently being tested and is only available in online trading, with a drawdown of less than 50%. You can choose a low or medium risk level.
- Added a button for manually closing a part of the losing deal, in the case there is a profit.
- Added a button for manually closing the profitable positions of the EA. It can be useful if the deals were opened with large volumes.
- When working with the disabled control panel, the EA's settings are displayed on the chart.
- Fixed calculation of closing levels. The level is calculated more accurately and on any instruments, but it does not take swaps and spreads into account.
- When working with one deal, the EA will store the ticket of the deal in case of a terminal failure.
Versão 5.7 2018.02.13
- Levels for closing positions, displayed on the chart.
- Added the ability to set the parameters in the EA settings, without using the control panel. This mode should be used to run the EA on the VPS by MetaQuotes.
- Made corrections to rounding of lots when the multiplier is used.
Versão 5.6 2017.11.28
- Drawdown value can be set in percent. Parameter: Equity level in percent. If the parameter is greater than 0, the drawdown value is displayed on the control panel.
- Changed the Close Only mode. Buy deals opened by another expert will be used for closing unprofitable Buy deals, sell deals will close unprofitable sell deals.
- Added support for the DrowdownSYL, BalanceAndEquitySYL indicators. They plot a graph of changes in the level of drawdown, balance and equity. They work in the tester and in live trading. (https://www.mql5.com/ru/blogs/post/711734)
- Added comment text when opening orders
- Minimizing and maximizing the panel is now more convenient
- Fixed various visual errors
Versão 5.5 2017.10.04
In the parameters:
- Ability to turn off the opening of orders. Then the EA will work only on locking and closing positions. Another EA should open trades
- Ability to limit the maximum number of open orders

Added actions for achieving critical drawdown
 - Close all positions and stop
 - Close all positions and stop

Disabling other Expert Advisors:
 - It is possible to close only the charts with the current symbol

In the control panel:
- Single on/off ratio for the step and for the lot
- Tooltips for all elements
- Moving control panel
- Minimize control panel (double click at the top)
Versão 5.4 2017.09.13
- Fixed the EA's algorithm for trading in one direction
Versão 5.3 2017.09.05
-Added parameter which limit the maximum lot
-Added a dynamic step when opening new orders
-Various visual and program changes
-Updated the overview of the adviser
Versão 5.2 2017.08.29
- Automatic start when reaching the level of drawdown (set in the deposit currency)
- Disabling other EAs (if another EA has accumulated a drawdown, then Open Lock will turn it off and take the trade on itself)
- Open orders at a specified time (you can specify an interval when there is no news)
Versão 5.1 2017.08.01
Changed the default parameters for testing as well as the color of price levels