THANK YOU FOR VISITING TRADINGVIEW.VIDEO YOUR EXPERT ADVISOR STORE, WE UPDATE OUR WEBSITE EVERYDAY WITH NEW EAS, EVERYDAY NEW FRESH CONTENT. WE HAVE FLAT PRICE OF 12 USD FOR EVERY EXPERT ADVISOR, 28 USD FOR ANY SOURCE CODE AND 50 USD / MONTH FOR VIP ACCESS WITH FULL ACCESS TO ALL EAS FOR MT4 + MT5 AND INDICATORS.
Open Lock V5.4 is the ultimate Expert Advisor (EA) designed to mitigate account drawdown and enhance trading efficiency. This innovative tool splits losing trades into smaller parts, enabling partial closures that significantly reduce the load on your deposit. Open Lock’s ability to interact with other EAs sets it apart, offering seamless integration and robust performance.
Advanced Drawdown Management
In the volatile world of forex trading, drawdown management is crucial. Open Lock V5.4 employs several methods to prevent and mitigate drawdown. It uses locking to stop drawdown from increasing, averaging orders to cover losses, and partial closures to reduce deposit load. By opening averaging orders with small lots, it ensures minimal impact on your deposit while using their profit to close losing positions partially.
Expert Advisor Parameters
Open Lock V5.4 offers extensive customization options to suit your trading style and preferences. The EA’s parameters include settings for language, magic number, and start conditions, providing complete control over its operation. You can choose to start the EA immediately or based on a specific drawdown level, and decide whether to stop other advisors when the drawdown threshold is met.
Risk Management Features
Open Lock V5.4 is equipped with robust risk management features to safeguard your investments. It allows you to set actions for when a critical level of free margin is reached, including locking all positions, closing all positions, or taking no action. Additionally, you can define equity levels in both currency and percentage terms, enabling precise risk control.
Customization and Control
Traders can set the EA parameters either through the control panel or expert inputs, making it flexible for different trading environments, including VPS by MetaQuotes. The EA also allows for maximum lot and step settings for averaging orders, providing granular control over trading operations.
Open Lock V5.4 is not just about reducing drawdown; it’s about providing a sophisticated tool for traders who demand precision and control. Its ability to interact with other EAs, combined with advanced drawdown and risk management features, makes it an indispensable asset for any serious trader.
Feature
Details
Language
Interface language of the control panel
Magic Number
Unique identifier of averaging orders
Start Work
At startup or by drawdown level
Drawdown in Currency
Specified value for ‘By drawdown level’ mode
Stop Another Advisors
Stop operation of other experts at drawdown
Close Chart with Same Symbol
Close charts of the current symbol
Close All Other Charts
Close other charts for multicurrency advisors
Action When Risk Limit Reached
Lock all positions, close all positions, or do nothing
Equity Level in Currency
Trigger actions based on equity level
Equity Level in Percent
Display drawdown value on control panel
Maximal Lot in Average Orders
Maximum lot size for averaging orders
Maximal Number of Average Orders
Maximum number of averaging orders in one direction
Maximal Step
Maximum step between averaging orders
Settings
Use control panel or expert inputs
Brand
EA MT4
Refund
Refund and Replacement Policy
At tradingview.video, we prioritize your satisfaction and aim to provide top-notch digital products. To ensure clarity and transparency, we have outlined our Refund and Replacement Policy below.
1. Digital Product Nature: Our products are exclusively digital, encompassing downloadable software, e-books, templates, and other digital content. As these products are intangible and delivered electronically, physical returns are not applicable.
2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.
3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.
4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.
5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.
6. Refund Process: If a refund is approved due to a verified product defect, we will process it using the original payment method. Refunds may take 1-3 days to reflect in your account.
7. Contact Us: For any queries or concerns regarding our Refund and Replacement Policy, please contact our Customer Support team. You can reach us via telegram support or contact form. We are here to assist you and address any issues you may encounter.
By purchasing and downloading our digital products, you acknowledge and agree to adhere to the terms outlined in this Refund and Replacement Policy. We recommend reviewing this policy thoroughly before making a purchase. Your trust is important to us, and we are dedicated to delivering exceptional products and services.
Thank you for choosing tradingview.video
Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great EA, recommended