• 概述
  • 评论 (3)
  • 评论 (8)
  • 新特性

Open lock MT5

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

  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


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.

评论 3
Leopoldo Licari
249
Leopoldo Licari 2020.07.22 10:02 
 

Excellent EA with superfine logic. Its main function is to block the DD and from that moment, based on the setting used, it begins to try to recover the loss positions piece by piece. These positions are the only ones that can expose the account to further DD, but they are scheduled and soon closed within a few hours or days. Using a medium risk setting, you can recover without much effort in a fairly acceptable time. In the latest updated version, a useful trailing function and another for protection from large directional movements have also arrived, further enriching the EA's personalization. You have to know exactly what the EA is doing otherwise it cannot fully appreciate the logic of blocking and recovery.

MARTIN AFAMEFUNA HILARY OBIANODO
788
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..

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Stanislav Tomilov
Price: $499 5 of 10 copies left at this price Next price $599 Telegram channel:  https://t.me/aura_gold_ea Aura Gold EA  is a fully automated EA designed to trade  GOLD  only. It is based on machine learning cluster analysis and genetic algorithms. EA contains self-adaptive market algorithm, which uses price action patterns and standard trading indicators (CCI,ATR). Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid,
499 USD
Superbot
Superbot
Vladimir Chamin
Superbot allows you to turn Metatrader5 into a software package for creating and testing trend and reverse trading systems on the derivatives and stock markets of  Moscow Exchange and Chicago Mercantile Exchange. Trading signal managed by superbot on futures market on Moskow exchange  https://www.mql5.com/ru/signals/872810 It has five modes : Constructor : manually assemble a strategy from the available blocks; Generator : using genetic optimization you can automatically generate trading systems
350 USD
Neural BOT
Neural BOT
Piotr Stepien
Neural BOT  is a professional automatic trading system designed and optimized for the MT5 platform and the  EUR/USD  currency pair. This system works independently on your terminal, you can run it on your computer or on a VPS because the computer must be turned on while the robot is running. The robot analyzes the market 24 hours a day, thanks to which it is more effective than a human. Updates and optimizations are made on an ongoing basis and will be available to the buyer. The robot will be f
600 USD
La Casa De Trend MT5
La Casa De Trend MT5
SAUD ALHINDAL
The EA work on MT5,  Trend following  Strategy , can work with any symbol or market in MT5 platform,   FOREX, GOLD, OIL, STOCKS, INDEXES, NASDAQ SPX500  except CFDs all properties and parameters  can be adjusted , periods , methods, levels money management, risk management, Account setting and option Auto Stop loss , take profit , trailing stop and many options.  Three moving averages crossing to  find  the trend (Alligator) and oscillators to confirm the trend  the strategy uses multi ti
499 USD
Euro Master MT5
Euro Master MT5
Stanislav Tomilov
Price: $499 3 of 10 copies left at this price Next price $599 Live signal #1  https://www.mql5.com/en/signals/866039 Live signal #2   https://www.mql5.com/en/signals/966734 Telegram channel:  https://t.me/aura_gold_ea Euro Master is an advanced, fully automated Expert developed to trade with EURUSD. Expert uses unique artificial intelligence technology for market analysis to find the best entry points. EA contains self-adaptive market algorithm with reinforcement learning elements. Reinforcemen
499 USD
Invesard GBPUSD for Metatrader 5
Invesard GBPUSD for Metatrader 5
Lorenz Vauck
TIME-LIMITED PROMO: $497 Dear Investor, my name is Lorenz Vauck (or as many know me: "geektrader" ) from Germany. I am a full-time system developer since 2008, having developed thousands of trading systems in the last 13 years. My main goal when developing a strategy is long-term growth. All my systems have to pass strict criteria in terms of backtests of at least 35 years (using data from Olsen Data), out-of-sample validations on unseen symbols , Monte Carlo simulations on different data feeds
497 USD
Klondike EA MT5
Klondike EA MT5
Dmitrii Golubev
Telegram channel:  https://t.me/Successful_Forex_EA ====>  Live Signal Conservative Risk:  https://www.mql5.com/en/signals/954865 ====>  Live Signal Aggressive Risk: https://www.mql5.com/en/signals/1020067?source=Site+Signals+My ====>  Live Signal Real Money https://www.mql5.com/en/signals/970517?source=Site+Signals+Profile+From+Author ====>   Best Recommended Broker: http://icmarkets.com/?camp=58357 ====>   Recommended Broker: https://gobymylink.com/?cpa_p
349 USD
Carousel Triple Correlation MT5
Carousel Triple Correlation MT5
Stanislau Siatsko
Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! Now has activated the minimum price for CAROUSEL_Triple_Correlation EA ($1250 ---> $495)   - - - - - - - >   Promo valid ONLY until June-30' 2021 Carousel_Triple_Correlation is a powerful tool that has no analogues on the market, and possibly the only au
495 USD
Swiss MT5
Swiss MT5
Nadezda Bogacheva
SWISS  is a fully automated Price Action expert adviser designed to trade   Gold(XAUUSD) ,   EURUSD   and   USDCHF  >>>>>>>>>>>>>>>>>>>>    65% discount (999 USD >>> 349 USD) , special for the   Next 10 buyers (2 left)        <<<<<<<<<<<<<<<<<<< Normal price $999 SUGGESTED BROKER FOR SWISS Telegram channel  https://t.me/NeuralEngineEA What is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, co
349 USD
Redshift MT5
Redshift MT5
Marco Solito
1 copy of 10 left at this price Next 10 copies $999. Redshift MT5   is a fully automatic Expert Advisor for   Intraday  Trading.  it is  based on   Macd Indicator . The expert advisor is able to get a very high-rate of winning trades. Follow us on Telegram:   https://t.me/darktradingchannel The Expert was tested on the whole available historical period on   EURUSD, GBPUSD, USDCAD, AUDUSD and USDJPY M15  currency pair with exceptional results. You can download the demo and test it yourself. My t
399 USD
Breakout Storm
Breakout Storm
Gianluca Bonfanti
Breakout Storm MT5 -  logic: is a break-out EA fully automated, that works on 10 pairs which are prone to big moves, it has been developed for 2 years with phyton code and special tools bypassing the limit of Metatrader platform, than coded into MT4 & 5 to be available for professional traders. The internal algo also is really pretty complex, 7 indicators are used ( from ATR to heikin ashi to MA,+ 4 property leading indicators were coded ). All breakout system have a long period of stagnatio
500 USD
Crasher Master Scalper
Crasher Master Scalper
Jaymar Egonia
Join my channel Https://t.me/fxmind CRASH1000 SCALPER SYSTEM AND AFTER SPIKES THE ROBOT WILL EXECUTE THE ORDER the advantages and features are Fixed Lots and you can decide your own STOPLOSS and TAKEPROFIT and trailing function to avoid spike This “Crash Master Scalper” indicator does all the heavy lifting & gives you accurate signals for scalping on the 1-minute, 5-minute frames. To increase its accuracy, the indicator uses an approach that we call “double confirmation”.when to Buy
500 USD
NightVision MT5
NightVision MT5
Alexander Kalinkin
NightVision EA MT5  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC M
389 USD
Boss EA MT5
Boss EA MT5
SERGEI RIEBIN
This system takes advantage of the stagnant market during the Asian session . The EA does not use indicators, grid, martingale, arbitrage. The trading system is suitable for both experienced traders and beginners. The EA includes protection against high spreads, and allows you to trade with a fixed or automatic lot size. LIVE signal :  https://www.mql5.com/en/signals/714546 Recommended timeframe is M5. Minimum account balance: $50. Default parameters are for EURUSD M5 . MT4 version can be found
449 USD
Finance Craft mt5
Finance Craft mt5
Ivan Simonika
The Finance Craft bot is suitable for everyone who was looking for a universal scalpel but cannot dwell on a specific product, because in all of them it notices flaws or does not understand the trading strategy. For those who fall into this category of searchers, there is good news - this bot is for you! In the description presented below, only essential information will be provided, and nothing superfluous. The first important point is that the bot works on both Netting and Hedging account typ
499 USD
AngryBeaver MT5
AngryBeaver MT5
Andrey Khatimlianskii
愤怒的海狸 - 外汇交易 EA 只需在您的账户里启动愤怒的海狸,您将看到它会做什么。 精心设计的理念,简单设置 如果您打算在 EURUSD M5 时间帧使用 EA,您可以保留所有设置不变,或者您可能找到匹配您的经纪商与帐户类型的完美参数。 请注意: 交易系统的回测性能不代表未来结果!在策略测试,或演示账户或实盘账户中获得的任何以往结果,不能保证未来或应用于其它账户的盈利。 外汇交易拥有潜在的高回报,但也包括潜在的高风险。因此,你可能会发现外汇交易不适合你。在外汇市场上,高杠杆可以帮助您,同样也可以伤害您。 在您开始用愤怒的海狸 EA 工作之前,请慎重考虑您的投资目标,任务,交易经验,以及您的个人风险偏好。您也应该知道可能会部分亏损,在最坏情况下,您所有的初始投资。 我强烈建议仅投入不影响生活幸福的额外资金进行交易。 与我联系 我承诺,我会回答有关 EA 操作的所有私信。不过,不要忘记,我也要睡觉,我也相当频繁地去度假。 谢谢您与我同在!
499 USD
NorthEastWay MT5
NorthEastWay MT5
PAVEL UDOVICHENKO
ONLY 7 COPIES OUT OF 10 LEFT AT $ 4274 ! After that, the price will be raised to $5342. My channel:   https://t.me/new_signals My contact:   https://t.me/ PAVELUDO NorthEastWay MT5  it is a fully automated “pullback” trading system, which is especially effective in trading on popular “ pullback ” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading - the return of the price after a sharp movement in any direction. Timeframe: M15 Base curren
4 273 USD
Multi Strat
Multi Strat
Stefan Van Dockum
Multi Strat is an fully custimizable Expert Advisor. It opens a sell/buy trade when a 'trigger' signal is activated. Triggers are only activated if it meets the filter criteria. Once a trigger passes, a trade is opened with a maximum Take Profit (customizable) of a daily ATR percentage. That range is divided by the number of trades so the Take profit levels are divided among the trades (also customizable). The parameters should be self explanatory. In short, everything you would/could change is
340 USD
Jet MT5
Jet MT5
Ismail Hakki Delibas
Selling of this EA is stopped temporarily by setting an abnormal price. Major updates on the money management system are in progress and EA will be accessible after this update. During this period, regular updates will be done and all previous buyers will be supported. EA Features : A High-Frequency Trading EA : EA will open more trades. If you want a lower number of trades, use Higher timeframes or limit the number of trades on EA inputs. All orders will be placed by Stop Loss. EA Based on
9 999.99 USD
AW Swing Trading EA MT5
AW Swing Trading EA MT5
Alexander Nechaev
An advanced tool for swing trading on corrective price movements. It works on trend rollbacks in the direction of its continuation, the size of the required correction is determined by the current volatility of the instrument or manually by the trader. After detecting a correction along the current trend, the EA waits for a signal to complete the correction and continue the trend, after which it opens a position. Instructions on how the advisor works -   https://www.mql5.com/en/blogs/post/742819
395 USD
London Pride EA MT5
London Pride EA MT5
Dmitrii Golubev
Live Signal   https://www.mql5.com/en/signals/943594     Telegram Channel     https://t.me/Successful_Forex_EA     Best Recommended Broker:  http://icmarkets.com/?camp=58357      Recommended VPS:  https://ruvds.com/pr5256     Recommended Broker:  https://gobymylink.com/?cpa_partner_id=12655487     London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses soph
499 USD
Netting Scalper
Netting Scalper
Remi Passanello
Netting Scalper This robot is part of the   RPTrade Pro Solutions  systems. Netting Scalper is a fast trading robot using ticks dynamics an netting system.  It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for M1 ONLY Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work Netting Scalper is a fast M1 scalper.  It's not using any indicator. It follows brokers' ticks distribut
390 USD
作者的更多信息
Open lock
Open lock
Sergey Likho
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
Metusha
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
Blizzard Adaptive
Blizzard Adaptive
Sergey Likho
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
Exposure SYL
Exposure SYL
Sergey Likho
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
Screen logger
Sergey Likho
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
筛选:
Leopoldo Licari
249
Leopoldo Licari 2020.07.22 10:02 
 

Excellent EA with superfine logic. Its main function is to block the DD and from that moment, based on the setting used, it begins to try to recover the loss positions piece by piece. These positions are the only ones that can expose the account to further DD, but they are scheduled and soon closed within a few hours or days. Using a medium risk setting, you can recover without much effort in a fairly acceptable time. In the latest updated version, a useful trailing function and another for protection from large directional movements have also arrived, further enriching the EA's personalization. You have to know exactly what the EA is doing otherwise it cannot fully appreciate the logic of blocking and recovery.

MARTIN AFAMEFUNA HILARY OBIANODO
788
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..

Michail Smikov
198
Michail Smikov 2018.05.03 22:44 
 

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版本 5.24 2020.07.01
-minor fixed
版本 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
版本 5.10 2018.10.22
bugs fixed
版本 5.9 2018.07.27
-Increased speed with a large number of orders
-some fixes in algorithm OL