• Overview
  • Reviews (50)
  • Comments (554)
  • What's new

Open lock

4.07

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

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.


Reviews 50
Roman Potekhin
577
Roman Potekhin 2022.10.23 18:48 
 

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

Larry E Liddiard
692
Larry E Liddiard 2022.05.31 10:14 
 

Good EA. Outdated documentation...

Martin Vovk
314
Martin Vovk 2021.11.17 19:14 
 

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

Recommended products
Blue CARA MT4
Duc Anh Le
Experts
| Fully-automated Smart Money Concept (ICT) inspired trading solution with multi-strategy capabilities | Built by a grid trader >> for grid traders.  This is MT4 version, click  here  for  Blue CARA MT5  (settings and logics are same in both versions)     Real monitoring signal  -->  Cara Gold Intro Blue CARA EA   ('CARA') - short for  C omprehensive  A lgorithmic R esponsive A dvisor is a next-gen  multi-currency    multi-timeframe  EA base on the widely known (and perhapse most popular) Inn
Project Infinity
Sergey Yarmish
Experts
The Infinity Expert Advisor is a scalper. When the resistance and support levels are broken, trades are opened in the direction of the price movement. Open positions are managed by several algorithms based on the current market situation (fixed stop loss and take profit, trailing stop, holding positions in case of trend indication, etc.). Requirements for the broker The EA is sensitive to spread, slippages and execution quality. It is strongly recommended not to use the EA for currencies with s
Vizzion
Joel Protusada
Experts
Vizzion is a fully automated scalping Expert Advisor that can be run successfully using GBPJPY currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks on
Gold Coin M5
Andrey Kozak
2.5 (8)
Experts
Gold Coin M5 is an automated trading robot designed to trade the gold market (XAUUSD) using the M5 period. This robot is designed for traders who want to trade automatically on short-term time intervals (scalping). Peculiarities: Scalping strategy: The robot uses a scalping strategy based on instant entry and exit from positions based on short-term price movements. Optimized for XAUUSD on M5: The XAUUSD Scalper is specifically tuned to trade the XAUUSD pair on the M5 time frame, allowing it to
Ea Tw79 Macd Grid Scalping
Tufan Gocmen
Experts
This automated trading robot uses the capabilities of the macd indicator to create a grid strategy. The algorithm creates a grid strategy at overbought and oversold levels and in times of high volatility. This makes it susceptible to all price fluctuations. The Close Money input is the total amount of earnings in the cycle. We define it as the total take profit amount in the cycle. It has the ability to open more cycles in short periods. However, you can use the robot in medium-term trading. Rea
MMM Zig Zag for Low Ballance Accounts
Andre Tavares
Experts
MMM Zig Zag Strategy: The Expert Advisors uses its built-in Zig Zag indicator to determine the prices trends and calculates the signal to decide to open buy or sell positions. It sends an order, closes or moves the Trailing Stop loss position as the indicator works. You can define the time period of each day of the week the EA should not trade (the bad time to trade). Usually the period of day when the impact news are published. General Inputs: Closes orders with any profit of value (currency):
Ilanis
Mikhail Sergeev
4.74 (27)
Experts
Ilanis is and Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the
PipFinite EA Breakout EDGE
Karlo Wilson Vendiola
5 (4)
Experts
The Official Automated Version of the Reliable Indicator PipFinite Breakout EDGE EA Breakout EDGE takes the signal of PipFinite Breakout EDGE indicator and manages the trade for you. Because of numerous financial instruments to consider, many traders want the signals to be fully automated. The EA will make sure all your trades are executed from entry to exit. Saving you time and effort while maximizing your profits. The Edge of Automation Effortless price action trading is now possible acros
BuckWise
Joel Protusada
Experts
BuckWise   is a fully automated scalping Expert Advisor that can be run successfully using EURUSD currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks
H4 GBPUSD Trend Scalper
Valeriy Potapov
Experts
H4 GBPUSD Trend Scalper is a trend signal scalper The EA trades according to the trend strategy using original built-in indicator for opening and closing orders. The external inputs for limiting trading on Fridays and Mondays are available. The purpose of the strategy is to use the current trend with the most benefit. According to the results of testing and working on demo and real accounts, the best results achieved by using the Н4 timeframe on the GBP/USD pair Works on MetaTrader 4 Build 971+
Matrix Arrow EA MT4
Juvenille Emperor Limited
5 (8)
Experts
Matrix Arrow EA MT4 is a unique expert advisor that can trade the Matrix Arrow Indicator's MT4 signals with a trade panel on the chart, manually or 100% automatically.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD) Relative
The Arrow Scalper
Fawwaz Abdulmantaser Salim Albaker
1 (2)
Experts
Dear Friend..  I share with you this simple Expert Adviser .. it is full automatic  this Expert Adviser following the trend of the pair you install on or any stocks or indices , it is works like that: - when the trend on H4 chart show a start of up trend the expert will wait till the 15M & 1H charts show an up trend the EA will open a buy order directly , and do the same for down trend and open a sell order the buy or sell  order lot size and take profit and stop loss will measured manually  by
FREE
Smart Funded Hft
Barbaros Bulent Kortarla
4.87 (63)
Experts
Smart Funded EA is an expert advisor designed to pass the HFT challenges of prop firms that allow its use. You can check my blog post about HFT Prop firms before buying a challenge. Do I need to back-test? You do not need to backtest, and demo servers that you backtest will not give the real results since HFT prop firms servers and symbols are specially designed friendly with HFT bots. Samart Funded HFT has a hundred percent success rate so do not waste your time back testing. You can test the
PZ Goldfinch Scalper EA
PZ TRADING SLU
1 (5)
Experts
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
JBSar EA Robot
Jordanilo Sarili
Experts
PROMO: SPEND MORE TIME WITH YOUR FAMILY. ENJOY LIFE… DO NOTHING. We would like to share our coding skills to fellow traders and most especially to people from all walks of life to have the opportunity to trade or invest using auto-trading way to provide other source of income while letting the robot and your money works for you.  The trade strategy is based on Averaging and uses a little bit combination of martingale and grid strategy. Methodology   – Trading entails technical analysis with ma
Karman
Vladislav Filippov
Experts
Karman is a fully automated trading advisor working on a М30 timeframe. The settings of the advisor are based on the safe trading, the essence of which is to close the transaction, while achieving a positive profitability dynamism of several points, which allows the user to reduce the costs of opening losing trades. The Expert Advisor is multi-functional and does not require a specific type of account for the normal operation of all functions embedded in it. The advisor’s manual involves encapsu
TrendLines And Volumes
Alexander Nikolaev
Experts
This Expert Advisor trades based on trend lines, as well as on the basis of volume analysis. Volumes are calculated using minute bars, in order to determine if they were ascending or descending. The trend lines are drawn based on High and Lows in the trade history. There are also additional indicators. Buy or sell signals depend on all those factors. This allows the EA to enter the market with more accuracy and to perform more deals. Input parameters Lots - lot size (if 0, a lot is calculated b
Forest
Vadim Podoprigora
Experts
Forest is a Trend Expert Advisor based on the analysis of a unique mathematical model of trend lines, which allows you to determine the trend movement. The Expert Advisor is most suitable for the currency pair "USDCHF" on period "H1". The EA can work on any type of accounts, and with any brokers. The EA uses mathematical analysis to open trades and applies loss control to open trades. At its core, the EA does not use any risky systems with the increase in the volume or increase in the number of
Magic EA MT4
Kyra Nickaline Watson-gordon
3 (1)
Experts
Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author. The EA wo
HFT King Ea
Ram Klein Caputol
Experts
Introducing HFT KING EA - The Ultimate HFT KING of Trading! This fully automated high frequency trading system is designed to revolutionize your trading experience with its advanced algorithm and state-of-the-art features. HFT King utilizes a unique combination of technical analysis, artificial intelligence, high frequency trading and machine learning to provide traders with reliable and profitable trading signals. HFT King cutting-edge technology is highly effective in identifying trading opp
EA Super scalper universal
Ruslan Pishun
Experts
The Super scalper universal is a fully automated scalping Expert Advisor, which uses five indicators. Each open position is protected by a hidden stop order managed by an advanced modification algorithm. When searching for the suitable signals, the EA uses the integrated indicator in conjunction with the trend and time filters, as well as the volatility filter. It use dynamic position closure, which considers the location where the order had been opened and the subsequent price action. Profit is
PairsTrading
Evgenii Kuznetsov
3.67 (9)
Experts
The EA identifies divergences in two correlated currency pairs and trades in the direction where they converge back. Working timeframe: M30 Input parameters MagicNumber - identification number for the EA. OrdersComment - comment to order, automatic if an empty value is set. Lots - lot size. DepoPer001Lot - automatic lot calculation (specify the balance per 0.01 lot) (if 0, the value from 'Lots' parameter is used). TimeFrame - working timeframe. Symbol #2 - correlated currency. Symbol #2 reverse
Gyroscopes
Nadiya Mirosh
Experts
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Bear vs Bull EA MT4
Nguyen Nghiem Duy
Experts
Bear vs Bull EA Is a automated adviser for daily operation of the FOREX currency market in a volatile and calm market. Suitable for both experienced traders and beginners. It works with any brokers, including American brokers, requiring FIFO to close primarily previously opened transactions. *In order to enable the panel, it is necessary to set the parameter DRAW_INFORMATION = true in the settings;  Recommendations Before using on real money, test the adviser with minimal risk on a cent trad
Magic Grid
Aliaksandr Charkes
4.44 (25)
Experts
Magic Grid is an indicator-free advisor that uses a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically ( one time at the beginning of the trade ). The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of di
FREE
Night Trader EURUSD
Ugur Oezcan
4.21 (29)
Experts
The EA can trade multiple currencies. Please check our signals ( https://www.mql5.com/en/users/ugur-edin/seller ) for detailed information. No grid or martingale! No manual configuration or adjustment needed! Every trade is protected by stop loss. This Expert Advisor only trades for a short time frame at night, during the ending of the New York session. It uses low volatility moments and enters trades based on indicators. It then manages those trades with dynamic stop losses and take profits als
PowerAUDCAD for MT4
Evgeniy Zhdan
Experts
The trading expert works out the regular movements of the AUDCAD currency pair in the channel. The Expert Advisor is completely ready for work. Additional configuration is not required. Trading signals :  https://www.mql5.com/en/signals/author/trendhunter The MetaTrader5 terminal must be installed on a remote server for smooth operation. The EA works based on the indicator:    https://www.mql5.com/en/market/product/62956 Install the Expert Advisor on the AUDCAD chart, timeframe 1H. Options: C
Grid and MACD
Volodymyr Hrybachov
Experts
This is a grid Expert Advisor. It has several trading strategies based on the MACD indicator. The virtual trailing stop, stop loss, take profit levels can be set pips, in the deposit currency or as a percentage of the balance. Depending on the settings, different orders may be opened for diversifying risks. Their closure can be either an oppositely directed or unidirectional basket of orders. The orders grid is adaptive, only market orders are used in it. If the price moves the distance of Order
Fundamental Robot MT4
Kyra Nickaline Watson-gordon
Experts
Fundamental Robot is an Expert Advisor based on Fundamental Signals Indicator. The Fundamental Signals Indicator has a powerful calculation engine that can predict market movement over 30000 points. The indicator is named fundamental because it can predict trends with large movements, no complicated inputs and low risk.  The EA works with low margin levels and thus has low risk. Using EA : The EA is very simple and without complicated input parameters. These are main parameters must be set
Forex Auto Trading EA
Nguyen Nghiem Duy
Experts
Forex Auto Trading EA   is an Expert Advisor designed specifically for trading Forex Automatic 100%. - Min depost: 5,000$ for each Pair - Timeframe: D1 - Setting: Default Setting - Good Trading Pair: Best pair is AUDCAD, or Forex Pair have Daily Price range from 0.8 ~ 1.1, and have H1 H4 sideway chart. - First, before attach EA to chart, you need add   http://calendar.fxstreet.com/   in the list of allowed url in the tab 'Expert Advisors'   (Tool —> Option —> Expert Advisors —> Allow WebRequest
Buyers of this product also purchase
Gold Scalping AI
Ho Tuan Thang
4.67 (12)
Experts
Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My community of over 14,000 members on MQL5 . ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL (Real Signal active for over 6 months): Default Setting:  https://www.mql5.com/en/signals/2276213 Gold Scalping AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (157)
Experts
Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum Wizard or Quantum StarMan or Quantum Gold Emperor for free !*** Ask in private for more detail
Scalping Robot MT4
Marzena Maria Szmit
4.79 (14)
Experts
Introducing our advanced Scalping Forex Robot. The scalping algorithm is built to spot high-probability entry and exit points, ensuring that every trade is executed with the highest chance of success within the   M1 timeframe . The best pair to use with the Scalping Robot is   XAUUSD .  This robot is perfect for traders who prefer the   scalping method   and want to take advantage of rapid price movements without having to manually monitor the charts. It is suitable for both beginners looking fo
GbpUsd Robot MT4
Marzena Maria Szmit
4.92 (51)
Experts
The GBPUSD Robot MT4 is an advanced automated trading system meticulously designed for the specific dynamics of the  GBP/USD  currency pair. Utilizing advanced technical analysis, the robot assesses historical and real-time data to  identify potential trends , key support and resistance levels, and other relevant market signals specific to GBP/USD. The Robot opens positions  every day,  from Monday to Friday, and  all positions are secured  with Take Profit, Stop Loss, Trailing Stop, Break-Even
Bitcoin Robot MT4
Marzena Maria Szmit
4.83 (48)
Experts
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Zen Flow 2 MT4
Hamza Ashraf
3 (3)
Experts
LAUNCH PROMO: Final price: 1,700$ Only 2 copies left at $399. Next price will be $499 Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Instruction Blog Link to Channel Welcome to ZenFlow! ZenFlow is an advanced EA designed to adapt to changing market trends with precision and speed. It is optimized to trade the XAUUSD( or GOLD) symbol and should be run on only one chart. This EA uses a sophisticated trend-following strategy combined with a momentum-based indicator that ide
Aura Neuron MT4
Stanislav Tomilov
5 (4)
Experts
Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced Neural Networks and cutting-edge classic trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pair XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques, such as martingale
FX EurUsd Robot MT4
Marzena Maria Szmit
5 (13)
Experts
The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
Gold ISIS MT4
Lo Thi Mai Loan
5 (2)
Experts
EA Gold Isis – A Safe and Effective Gold Trading Solution   Launch promo! 1 day sale price $398 Only  1  copies left at current price! Next price: $498 Final price: $1998 LIVE SIGNAL MT5 version Hello! I am EA Gold Isis, the second EA in the Diamond Forex Group family, specifically designed for trading gold (XAU/USD). With exceptional features and a safety-first approach, I promise to deliver a sustainable and effective gold trading experience for traders.   What Makes EA Gold Isis Different?
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (8)
Experts
Fully Automated EA based on Supply and Demand Principles. The first Supply and Demand EA that is offering Complete Automation . Now trading Becomes Effortless, offering full control over your trading strategy through a User-Friendly graphical Trading Panel. You get a Super High Quality Algorithmic Trading Software that contains more than 15,000 lines of code. The best way to trade "Prop Firms Challenges" and Pass all the Stages to be a Quilified Trader. Supply Demand EA ProBot Manual      ||   
The Infinity EA MT4
Abhimanyu Hans
3.44 (27)
Experts
Contact me for discount before purchasing! AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD and XAUUSD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provided by lat
Big Forex Players MT4
Marzena Maria Szmit
4.74 (31)
Experts
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   (p ositions are sent from our databa
Goldex AI
Mateo Perez Perez
5 (1)
Experts
Goldex AI: Today's success will be tomorrow's fruits Live Signal > IC Markets Real: Goldex AI High risk set Manual and set files: Contact me after purchase to receive the manual and set files. Price: The starting price is $499 and will increase by $199 after every ten sales. Available copies: 8 Goldex AI - Advanced trading robot with neural networks, trend, and price action. Goldex AI is a high-performance trading robot that utilizes price action with the breaking of support and resistance leve
CoreX G MT4
Arseny Potyekhin
5 (8)
Experts
Overview The CoreX G EA is an advanced trading system specifically designed to tackle the complexities of the Forex market. By leveraging cutting-edge neural networks, sophisticated machine learning technologies, and an integrated big data strategy, CoreX G delivers exceptional accuracy and security in trading. This Expert Advisor (EA) stands out due to its technological excellence and premium customer support, ensuring users are always assisted with any questions or concerns. Signals:   Live
Eternal Engine EA MT4
Wei Tu
5 (1)
Experts
Eternal Engine is an advanced EA that integrates multiple indicators with grid and Martingale strategies. Its core feature is precise entry point control, enabling it to perform exceptionally well even in complex market environments. Eternal Engine EA offers numerous trading opportunities, is not sensitive to spreads, and ensures accurate execution of every trade through strict entry point management. The strategy has been proven in live trading, providing over a year of low-drawdown real-time s
Bitcoin Scalp Pro
Profalgo Limited
5 (3)
Experts
NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdown
Greedy Golden MT4
Mihails Babuskins
4.67 (3)
Experts
Important: Please use in accounts with lower swap or swap-free accounts. Real monitoring signals: Signal 1 Contact me after payment to send you the user manual PDF file See the real monitoring signal in my profile. Use only on gold and on the  BUY direction. Trading gold is attractive to many traders due to the high volatility and depth of the market. Should we invest in gold or just scalp it? Answering this question is a big challenge for many traders. X trading robot is the answer to this cha
CyNera MT4
Svetlana Pawlowna Grosshans
2.8 (15)
Experts
CyNera: Your Trading, Our Technology Signals >400%:   CyNera Signals >500%: CyNera Turbo Manual & set files: contact me after purchase to receive the manual and set files Price: The price increases based on the number of licenses sold Available copies: 4 Trading gold, one of the most volatile instruments in the market, demands precision, in-depth analysis, and strong risk management. CyNera Expert Advisor seamlessly integrates these elements into a sophisticated system designed for optimal gold
Forex trading bot ai
Andrey Kozak
5 (1)
Experts
Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
Secret Impulse MT4
Eugen Funk
3.5 (18)
Experts
The EA enters a position when the market starts moving around the New York session (higher volume). This way, the momentum is preserved by the volume and we can reach the Take Profit with high probability instantly. Signal   (292%, 10% DD):  https://www.mql5.com/en/signals/2274145 It Enters on Momentum Around New York Session The EA detects the hidden impulse via FVGs on lower time frames. When the impulse is detected closely before or during the New York session, the EA opens a position. It ma
Dark Algo
Marco Solito
4.77 (56)
Experts
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 market trends . T
AI Golden Jet Fighter GTX MT4
Andrei Nazarets
4.29 (7)
Experts
AI Golden Jet Fighter GTX   MT4 is a straightforward and efficient Expert Advisor (EA) for gold trading on the Meta Trader 4 platform. Utilizing Neural Networks, this EA is designed for scalping in the gold market (XAU/USD). The main strategy of AI Golden Jet Fighter GTX focuses on identifying small price fluctuations and opening positions to capture profits within short time frames. The EA analyzes market conditions in real-time and automatically executes trades with predefined stop-loss and t
LENA Scalp
Cence Jk Oizeijoozzisa
4.4 (5)
Experts
LENA Scalp  Lena Scalp Signal live = https://www.mql5.com/en/signals/2295107   With advanced stop-loss technology utilizing artificial intelligence, Lena Expert Advisor provides an innovative trading experience. Lena’s robot avoids large stop-loss levels, Martingale, and grid trading. Instead, it features a dynamic stop-loss system that adapts to market conditions. AI-driven analysis supports identifying key market opportunities, aligning with its carefully designed strategy. This automated tra
Gold One MT4
Habib Gholamali Heidari
3.3 (10)
Experts
Gold One  MT4 Hello to all gold trading enthusiasts in Forex, Welcome to our robot, where you join the ranks of the top gold traders. With over two decades of precise experience in the Forex market, we proudly introduce the latest generation of trading robots. Features:  Ideal for prop firm challenges. Suitable for all account  sizes, including low capitals. NO   Grid and   NO   martingale 100% Fully automated This robot employs the most recent, cutting-edge, and advanced gold-specific indicat
EvoTrade EA MT4
Dolores Martin Munoz
5 (1)
Experts
EvoTrade: The First Self-Learning Trading System on the Market Allow me to introduce   EvoTrade —a unique trading advisor built using cutting-edge technologies in computer vision and data analysis. It is the first self-learning trading system on the market, operating in real-time. EvoTrade analyzes market conditions, adapts strategies, and dynamically adjusts to changes, delivering exceptional precision in any environment. EvoTrade   employs advanced neural networks, including Long Short-Term Me
Quantum Gold Emperor MT4
Bogdan Ion Puscasu
4.85 (13)
Experts
Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD (GOLD )pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal :   Clic
DS Gold Robot MT4
Marzena Maria Szmit
4 (4)
Experts
Introducing the DS Gold Robot, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, DS Gold is a forex robot meticulously crafted to optimize your trading performance with  XAUUSD pairs . With its advanced analytical capabilities,  DS Gold  Robot   constantly monitors the gold market, identifying key trends , patterns, and price movements with lightning speed. The DS Gold Robot opens positions every day from
Ai General EA MT4
Indra Maulana
Experts
Bonus: By purchasing this Expert, get 1 Expert as a gift (Only for the next 7 buyers) To receive the bonus, send a message after purchase A fully automatic expert Designed and produced 100% by artificial intelligence, with the world's most advanced technology All trades have profit and loss limits, with the best and least risky market strategy, without using dangerous strategies such as Martingale and hedges, etc. A specialist who has been trained by artificial intelligence for years to correct
Stock Indexes EA MT4
Marzena Maria Szmit
5 (2)
Experts
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
AI Gen XII MT4
Denis Kurnev
3.53 (45)
Experts
The   AI Gen ProX   Expert Advisor is a powerful solution based on advanced market analysis and data processing technologies. Utilizing cutting-edge algorithms for time series analysis and complex mathematical models, it ensures high accuracy in forecasts and automates trading processes. The EA is designed to combine performance and reliability, making it an effective tool for trading.   Real Time Signal GEN PRoX:  https://www.mql5.com/ru/signals/2283186 The price of the advisor will increase si
More from author
Open lock MT5
Sergey Likho
5 (4)
Experts
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
Exposure SYL
Sergey Likho
5 (12)
Utilities
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 directed
FREE
Screen logger
Sergey Likho
5 (4)
Utilities
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 recording
FREE
Metusha
Sergey Likho
5 (5)
Experts
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 financial
Blizzard Adaptive
Sergey Likho
5 (1)
Indicators
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 be chang
Alien MT4
Sergey Likho
Experts
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 Multic
Filter:
Iurii Ogloblin
333
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
577
Roman Potekhin 2022.10.23 18:48 
 

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

asaens15
2126
asaens15 2022.09.12 13:21 
 

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

Larry E Liddiard
692
Larry E Liddiard 2022.05.31 10:14 
 

Good EA. Outdated documentation...

Sergey Likho
10722
Reply from developer 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
375
ptbao92 2022.04.25 19:58 
 

User didn't leave any comment to the rating

Sergei Schaste
805
Sergei Schaste 2022.03.28 18:47 
 

Waste of time or your deposits..

Alisa1997
61
Alisa1997 2021.11.28 11:26 
 

Давно искал что то подобное, Сргею спасибо!!!

Martin Vovk
314
Martin Vovk 2021.11.17 19:14 
 

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

Sergey Komarovsky
391
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
187
Wohammad Subhi Hassan Abdel Nabi 2021.06.05 21:41 
 

User didn't leave any comment to the rating

Zolomon
184
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
19
Bakir68 2021.02.18 12:19 
 

Ge ge huuuuuu!

red1983
1087
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
350
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
722
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
607
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
1001
Saya pann 2019.12.05 09:35 
 

Very promising Recovery EA and support from vendor is excellent.

Lev Vladimirovic Marushkin
1696
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
288
Felix Scholten 2019.01.30 18:08 
 

Great support and tool!

alex4ua
22
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.

123
Reply to review
Version 5.40 2024.06.11
-Changed coefficients of astomatic calculation of parameters taking into account the current market situation
-The speed of work has been increased
-General optimisation for the latest version of the terminal
Version 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
Version 5.38 2021.09.23
-fixed graphic's
Version 5.37 2021.09.22
-Add zero levels for all orders on account
-Add lots show in right corner
Version 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
Version 5.35 2021.06.08
-fix autostart when DD reached
Version 5.34 2021.05.19
-speed optimization
Version 5.33 2021.05.17
-speed optimization
Version 5.32 2021.05.17
-add logging on init
Version 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 )
Version 5.30 2021.05.13
-speed optimization
Version 5.29 2020.11.25
[v] Fixed future level calculations
Version 5.28 2020.11.18
[v] - Fixed work with far from market price order
Version 5.27 2020.11.09
[+] Add start work after symbol dd in percent
[v] Fix trall work
Version 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
Version 5.25 2020.10.02
[v] - speed optimize
[v] - fix save settings
Version 5.24 2020.09.10
!!! The list of input parameters has been changed. At startup, check if the magic number is set correctly!!!

Added:
[+] 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.
Version 5.23 2020.06.06
-fixed Trend protect
Version 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
Version 5.19 2020.03.14
-Now removing SL and TP with hight speed
-Interface fixed
-Signal filtering inside one candle
Version 5.18 2020.02.20
-Add open orders on new bar
-Fixed work with one order
Version 5.17 2019.11.20
-Improvements in the function Simple Trend protect
-speed optimization
Version 5.16 2019.11.07
-bug fixed
Version 5.15 2019.11.01
-Partition lock.
-Trailing for profitable positions
-Working with other OL
-CPU load indicator (relevant for slow VPS)
Version 5.11 2018.11.05
-improved compatibility with the OL panel
-bugs fixed
Version 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)
Version 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
Version 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.
Version 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.
Version 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
Version 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)
Version 5.4 2017.09.13
- Fixed the EA's algorithm for trading in one direction
Version 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
Version 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)
Version 5.1 2017.08.01
Changed the default parameters for testing as well as the color of price levels