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Multicurrency Round Lock EA MT5

The EA opens two multidirectional orders. When one of them is closed in profit, two orders are reopened, the volume of orders increases depending on the animation volume and the number of orders opened by the adviser. In each new open pair, orders are opened with equal volume, locking each other. Opening of pairs continues until the number of orders of one type reaches the number of  Limit_for_Locked_Groups , then the adviser will only increase the grid, excluding locking.

At the moment of closing one of the locked orders or the whole group of available orders, LMR records the profit received, virtually separates the percentage for loss recovery, determined by the trader in the input settings, from it. With this percentage, the adviser partially closes the position, reducing the volume of unprofitable elements, which allows for more active and aggressive trading. The partial closing mode is multicurrency, that is, by closing on one instrument, the EA restores other symbols on which  Multicurrency Round Lock EA is running. Since the volume of opening of groups of orders depends on the number of open orders in the symbol - the system of possible closures does not completely close unprofitable orders, but only to the minimum volume allowed by the broker on the symbol.

More information about that product - https://www.mql5.com/en/blogs/post/730708

Input Settings:

  • Limit_for_Locked_Groups - Limit for open lockable pairs, after which the EA will work only in the direction of open orders
  • Lots - Volume of the first open order in the group
  • Multiplier - Multiplier for subsequent orders in the group
  • TakeProfit_in_points - TP in points
  • Magic_Number - Magic for orders (Must be the same for all LMRs and used only on LMRs)
  • Spread_limit_in_points - Maximum spread for opening orders
  • Step_between_average_orders_in_points - Step between orders to open after reaching the maximum number of lockable pairs
  • Allow_overlap_last_and_first_recovery_orders - Use overlapping of the first order with the last
  • Allow_overlap_after_number_of_orders - Use overlapping of the first order with the last after the given number of open orders
  • TrueECN_Type_of_account - Type of account with additional fees for partial closure
  • Min_loss_in_points - Minimum loss in points for orders that need to be restored
  • Percent_of_profit_to_send_for_recovery - Percentage of profit from closing orders, which can be used to recover losses
  • Show_panel - Enable panel display
  • Font_size_in_panel - Font size in the EA panel
  • Comment_for_orders - Used order comment
  • New_Cycle - Allow opening new orders after closing the current basket
  • Short_Trades - Allow sending orders of type SELL
  • Long_Trades - Allow sending orders of type BUY


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Sadasoft
1163
Sadasoft 2020.06.23 17:25 
 

The system it's promising but it does not look it's actually working as it should do. I'm trying to be in contact with the author to solve the problem No answer at this moment. I 'll try to correct my rating as it will be operating in the way it looks has to operate. the EA without the special system of compensation will be another "sit and wait to blow up account" grid Martingale style EA so the perfect validity of the compensation system is the most important feature of it.