Open Lock – Drawdown Recovery Expert
Open Lock helps manage and reduce drawdown by locking losing positions, breaking them into smaller parts, and gradually closing them with profit from small averaging orders. It’s perfect for pairing with other EAs—it can pause them and take control once your drawdown reaches a critical level.
Key Features
- Locking strategy to freeze further losses
- Partial closure of unprofitable trades
- Low-lot averaging to avoid overloading the deposit
- Flexible interaction with other experts during high-risk periods
- Control panel with multilingual interface
Setup & Usage
Getting started with Open Lock is simple, whether you’re integrating it into a live trading system or using it as a backup drawdown protection tool. Below are the key settings and recommendations to ensure the EA operates effectively.
- Timeframe: H1
- Magic Number: unique per setup
- Modes: Start instantly or by drawdown trigger
- Security: Define risk actions (lock all, close all, or none)
- Limiters: Max lot, step, and order count available
To start using this EA, simply buy Open Lock on the market and follow setup instructions. You can also download Open Lock for MT5. Full setup blog is available after download Open Lock. Reduce losses and protect capital today—buy Open Lock now.
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