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Discussion in 'Forex Market MQL5' started by James Goldman, Sep 3, 2020.

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James Goldman
  1. James Goldman

    James Goldman Moderator
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    The VR Locker Expert Advisor implements a trading strategy that uses positive Locks.
    The main task of the EA is to create positive locks, to create a safety cushion.
    Join the discussion in the group You are not allowed to view links. Register or Login development news and updates You are not allowed to view links. Register or Login

    Description of the trading strategy The EA opens two market orders in different directions with the same volume. Depending on where the price goes, the EA uses a grid of orders to "spread" the orders.
    Once the distance between the orders becomes equal to or greater than specified in the settings, the EA proceeds to of a new lock.
    When working with locks, an amount of floating profit is accumulated, which can be used by trader as a reserve - safety cushion.
    The EA works in two stages:
    • Accumulation of positive locks and creating the safety cushion.
    • Working with positive locks, opening the locks or using with manual trading tactics.
    Main advantages of the program
    • Suitable both for novice and experience traders.
    • Wide selection of settings.
    • Works on all timeframes.
    • Works on any financial instrument.
    • It can be used with other EAs or in conjunction with manual trade.
    • The EA displays information on the profit on each lock.
    The EA control buttons on the chart
    • Close Old Lock - close old lock.
    • Stop Trade Expert - logically and smoothly stop the EA operation once the current lock is created.
    • Close Only Buy - force close all buy orders.
    • Close Only Sell - force close all sell orders.
    • Open Magic Profit - open the table on profit by Magic numbers
    • Open All Profit - open the table on profit for the last 10 days
    Tips for working with this Expert Advisor from the author
    • When working with the program, use the H1 timeframe or higher.
    • The EA was tested and developed for currency pairs, but it can work on bitcoin and other cryptocurrencies.
    • Configure the EA on demo accounts.
    • Accumulate a large number of locks. Once 30-50 locks are made, move all buy/sell orders to breakeven or enable trailing stop.
    • Let the profit grow, this will reduce the psychological burden.
    • You can open the locks according to your trading strategy.
    • Adhere to the money management rules.
    • Remember the risks associated with trading in financial markets.
    • When broadcasting the EA signals, accept new clients only after a lock is formed. (Use the Stop Trade Expert button to stop trading before accepting subscribers.) Failure to comply with this rule can result in losses on subscriber accounts.
    Program Settings
    • Start Lots - initial trading lot.
    • Type Lots - subsequent lot calculation type.
      • Start Lot - calculation of the lot size is not performed, lot size for all orders is set as in Start Lots.
      • Martingale Lot - lot size is calculated as the last order lot multiplied by 2.
      • Summ Start Lot - lot size is calculated as the last order lot + Start Lots.
      • Fibo Lot - lot size is calculated according to the Fibonacci principle, the lot size of the next order is the sum of lot of the previous two orders.
    • Lock Type - type of distance calculation in locks.
      • Point - value is taken from Lock Type Value.
      • Bands Channel - value of the lock is the difference between the upper and lower lines of Bollinger Bands.
      • Donchian Channel - value of the lock is the difference between the upper and lower values of the Donchian channel.
      • Last Candle High-Low - value of the lock is the difference between High and Low of the previous candle.
    • Lock Type Value
      • For Point - the number of points.
      • For Bands Channel - period of the Bollinger Bands indicator.
      • Fro Donchian Channel - period for calculating the Donchian channel.
      • For Last Candle High-Low - irrelevant.
    • Close Lock Value - the number of locks to start closing the oldest lock.
    • Order Step - step between orders in the order grid.
    • Profit Plus - the minimum profit received when closing a series of orders.
    • Slippage - slippage.
    Magic numbers from 1 to 50 inclusive are reserved for the program.
    Features are subject to change with new updates.

    Technical support is available for the program:
    • Skype (chat): Voldemar227
    • Email: <a target="_blank" You are not allowed to view links. Register or Login
    The program is developed by the founder of Trading-Go Projects.

    vr-locker-screen-5753.png vr-locker-screen-6238.png vr-locker-screen-6160.png vr-locker-screen-7115.png

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