Mercado / MetaTrader 5 / Experts /

Open lock MT5

299 USD

Download demo: 2 285

Publicado: 17 abril 2018

Versão atual: 5.39

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Open lock MT5

Experts
Sergey Likho
Versão: 5.39
Atualizado: 6 maio 2022
Ativações: 5

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.

Methods used by the EA

Locking to prevent a drawdown increase
Averaging orders used to cover the loss
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

Settings

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
Trading mode - trading mode

Opening and closing orders - open and close orders in normal mode
Only closing orders (Another advisors will open orders) - the EA will only close and lock (if enabled) positions. Orders must be opened by another EA. The EA will work only with the orders that have been opened with the magic number of the Open Lock EA

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
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
Time to open orders - time when opening averaging orders is allowed

All time
Schedule for opening average ord(24H) - allowed time interval

From - time to start trading if scheduled trading is selected (can take values from 0 to 23)
To - time to stop trading if scheduled trading is selected (can take values from 0 to 23)
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

Locking - enable locking losing positions
New lot - lot size for the first position
Dinamic lot - enable the lot multiplier. If this parameter is enabled, the lot size of the new deal will be multiplied by the coefficient
Lot multiplier size - lot multiplier
Step - step for opening new orders
Dinamic step - enable the step multiplier
Step multiplier size - step multiplier
Direction - trading direction for the EA

UP/DOWN - the EA will open both buy and sell deals
UP - the EA will only buy
DOWN - the EA will only sell

Close orders - orders fro the EA to work with

All unprofitable orders - all losing orders
One order - order with the ticket specified below

Order ticket if set "One order" - order ticket, if the "One Order" mode is selected above
Close lot - lot of the losing deal to close
Close profit - profit to be gained form closing a part of the losing order

Testing

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.

mais...

695

Larry E Liddiard 2022.05.31 10:16 #

Good EA. Outdated documentation...

162

luqide 2022.05.26 01:31 #

非常好的EA，拯救了我的两个账户。

1703

Leopoldo Licari 2020.07.22 10:02 #

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We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th

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Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i

599 USD

"Dark Catcher" é o seu caçador noturno em um mundo de oportunidades financeiras, onde cada sombra escura do mercado se torna uma fonte de luz. Este consultor é seu assistente confiável, ajudando você a penetrar nos cantos mais obscuros do mercado e identificar clientes potenciais para uma negociação bem-sucedida. Deixe o "Dark Catcher" iluminar seu caminho para a independência financeira e alcançar seus objetivos no mercado financeiro. Sobre o consultor: “Dark Catcher” usa um canal Bollinger Ba

350 USD

Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma ma

499 USD

This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product

830 USD

Darwin SWING Launch price 999 USD , future price 1490 USD DESCRIPTIONS: -- To understand how it works, come read the blog (This EA reflects my philosophy of forex trading...If you like the way I look at it, then you will like my EA. Take the time to do it! (Forex is not a race): https://www.mql5.com/en/blogs/post/745790 -- To see the past performance here are the links of the signals Live and demo signals: https://www.mql5.com/en/users/tradedeal/seller EXPLANATION: After t

999 USD

*Nasdaq Quant NAS100 Uma Ferramenta sofisticada com adição de redes neurais uma inovação no mercado de robôs forex a otimização da estratégia com a ajuda do aprendizado de maquina trabalho inteligente para buscar os melhores resultados Corretora indicada: pepperstone, Robo Forex,Moneta markets O Quant NAS100 é um expert advisor confiável e experiente que usa sua inteligência artificial GPT-4 quantitativa para identificar as melhores oportunidades de mercado e maximizar seus lucros ao oper

1 700 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. IMPORTANTE! Após a compra envie-me uma mensagem privada para receber o manual de instalação e as instruções de configuração. ***Compre Quantum Gold Emperor EA e você poderá obter Quantum Trade EA de graça!*** Pergunte em privado

499.99 USD

Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT4: https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit: https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates: https://www.mql5.com/en/users/lothimailoan/news O US30 Scalper EA é um robô de scalping de última geração desenvolvido por uma equipe altamente experiente em negociação e progr

333 USD

The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd, so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal | Channel | Setfile Although DaVinci Code EA can ru

799 USD

Last copy at 399$ -> next price 499$ Dark Algo is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs. If you Buy this Expert Advisor you can write a feedback at market and get a second EA for Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm that allows it to identify and follow m

399 USD

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 Locking to prevent a drawdown increase Averaging orders used to cover the loss Partial closure to reduce th

299 USD

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

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

FREE

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

FREE

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

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

Filtro:

695

Larry E Liddiard 2022.05.31 10:16 #

Good EA. Outdated documentation...

162

luqide 2022.05.26 01:31 #

非常好的EA，拯救了我的两个账户。

1703

Leopoldo Licari 2020.07.22 10:02 #

863

MARTIN AFAMEFUNA HILARY OBIANODO 2019.07.27 21:04 #

This is the best EA ever.. I was backtesting it for over 4 months before purchase.. I found the settings that suit my trading goals. I target about 15% ROI monthly, which is very achievable with Drawdown not more than 10%, on EUR/USD.. Thanks to Sergey Likho, this is the best thing ever..

198

Michail Smikov 2018.05.03 22:44 #

O usuário não deixou nenhum comentário para sua avaliação

Versão 5.39 2022.05.06

-added all new features from the open lock for MT4

Versão 5.24 2020.07.01

-minor fixed

Versão 5.23 2020.06.30

-trailing stop
-Step by step locking
-Automatic calculation for three risk levels
and other features from the Open lock for MT4

Versão 5.10 2018.10.22

bugs fixed

Versão 5.9 2018.07.27

-Increased speed with a large number of orders
-some fixes in algorithm OL