Introducing The Expert Open Lock EA MT4
Name: Open Lock
Version: v5.4 new up date
The Right Platform: MetaTrade 4 (MT4)
Developer: Sergey Likho
Our YouTube:Click Here
What is Open Lock EA MT4?
Open Lock EA is a specialized trading Expert Advisor (EA), tailored to function seamlessly with the MetaTrader 4 (MT4) platform. This EA is proficient in mitigating risks during trades and serves as a professional consultant, designed for ease of use by all traders.
- Vendor Website: Access now
Exceptional Features and Benefits of Open Lock EA MT4
- Reduce losses : Split losing trades into smaller segments, closing each piece independently to curtail account losses.
Clever interaction
- Work together with other Expert Advisors (EAs).
- Automatically deactivate other EAs when the withdrawal level hits a specified threshold.
- Enables Open Lock to concentrate on executing its own commands.
Efficient approach
- Lock: Avert increased withdrawal levels.
- Average order: Offset lost trades.
- Partial Closing: Diminishes the burden on the trading account.
- Initiate an average order with small lots: Constrain margin requirements.
- Utilize profits from average orders: Close a portion of the losing position.
Adaptability
- Offers Multiple Configuration and Usage Options:
- Select interface language.
- Specify the initiation of operations.
- Pick the activation method based on drawdown or commencement.
- Set drawdown thresholds by currency.
- Option to enable/disable the chart locking functionality.
- Outline actions upon reaching the risk limit:
- Take no action.
- Lock and halt all positions.
- Close and cease all positions.
- Establish minimum equity levels by currency and percentage.
- Restrict maximum lot size and quantity of averaging orders.
- Define maximum distance between averaging orders.
- Two Parameter Setting Approaches:
- Utilize the intuitive control panel.
- Enter directly into the Expert Advisor's inputs.
Performance of Open Lock EA MT4
- Video backtest Result
- Performance
Suggested Configurations Open Lock EA MT4
What do you get After Downloading?
- Experts: Open Lock EA v5.4_fix.ex4
♥WISH YOU A SUCCESSFUL TRANSACTION♥
