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OPEN LOCK EA V5.40 MT4 FOR BUILD 1420+

$14.99

OPEN LOCK EA is a MetaTrader 4 Expert Advisor created for automated EURUSD and GBPUSD trading using trend-following, grid, hedging logic. It is built for traders who want a structured robot setup with clear platform, timeframe, build, and package information before testing the EA on demo or live accounts.

For best results, use OPEN LOCK EA FOR on Flexibility: The EA is versatile, supporting trading on any timeframe to accommodate various trading strategies with stable broker execution, VPS uptime, and conservative lot sizing. Setfiles are not listed for this package, so traders should configure risk settings carefully before live use. Always test the robot first and adjust drawdown, lot size, and account risk according to your own trading conditions.

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SKU: Open-Lock-EA Categories: ,
Description

EA Quick Information
OPEN LOCK EA V5.40 MT4 FOR BUILD 1420+
Platform
MT4
Symbols
Forex pairs or product-specific symbols
Strategy
Grid, Trend
Setfiles
No
Build Compatibility
Build 1420+
Risk Controls
Lot size, stop loss, and drawdown behavior depend on EA settings
Martingale
Not specified; review EA settings
Timeframe
Not specified

What this EA information means

This quick table helps you review the important buying details before testing an Expert Advisor: platform, supported symbols, strategy type, setfiles, build compatibility, and risk-control notes.

Always test on demo first, use conservative lot sizing, and confirm that the included files match your MetaTrader version and broker symbol names.

  • Use the platform row to match MT4 or MT5 files.
  • Use the strategy row to understand whether the EA is scalping, grid, trend, breakout, recovery, or another model.
  • Use the risk rows to review lot size, stop loss, drawdown, and martingale behavior before live use.

INTRODUCING OPEN LOCK EA

OPEN LOCK EA is a MetaTrader 4 Expert Advisor created for automated EURUSD and GBPUSD trading using trend-following, grid, hedging logic. It is built for traders who want a structured robot setup with clear platform, timeframe, build, and package information before testing the EA on demo or live accounts.

For best results, use OPEN LOCK EA FOR on Flexibility: The EA is versatile, supporting trading on any timeframe to accommodate various trading strategies with stable broker execution, VPS uptime, and conservative lot sizing. Setfiles are not listed for this package, so traders should configure risk settings carefully before live use. Always test the robot first and adjust drawdown, lot size, and account risk according to your own trading conditions.

Open Lock EA is a sophisticated automated trading system designed for the MetaTrader 4 platform. It seamlessly operates with any currency pair and timeframe, using a hedging strategy to execute trades while minimizing potential losses. A standout feature is its effectiveness in managing trades across both trending and range-bound markets. The EA can interact with other expert advisors, disabling them when specified drawdown thresholds are reached. Advanced techniques like locking to prevent additional drawdowns, averaging orders to mitigate losses, and partial closure to reduce overall trading losses further enhance its risk management capabilities.

OPEN LOCK EA

Original Price: $299
HiPips Price: $14.99

Key Takeaways

  1. Hedging Strategy: Open Lock EA executes trades using a hedging approach, simultaneously opening positions in both buy and sell directions and managing them with a grid system.
  2. Adjustable Lot Sizes: Traders can customize the size of their trades to match their risk tolerance and account balance.
  3. Timeframe Flexibility: The EA is versatile, supporting trading on any timeframe to accommodate various trading strategies.
  4. Trailing Stop Loss: It integrates a trailing stop loss feature to protect profits and reduce potential losses during trading.

OPEN LOCK EA FOR Features

  1. Trading Platform: MetaTrader 4 (MT4)
  2. Timeframes: Any timeframe
  3. Currency Pairs: EURUSD and GBPUSD

OPEN LOCK EA Review

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INSTRUCTIONS FOR INSTALLING EA

Open MT4, go to Tools > Options or Ctrl+O. Click Expert Advisors tab. Ensure Allow automated trading and Allow DLL imports are enabled.

OPEN LOCK EA Download

Link download Open Lock EA will be sent to your email after payment.

+ Expert :

  • Open Lock EA.ex4
  • Unlimited / NoDLL
  • Free Future Updates
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Worldwide Instant Access

Download your EA software from anywhere in the world.

Reliable & Tested

Each EA is thoroughly tested and optimized for best performance.