lock system 2+1
Info
The lock system 2+1 is a Expert Advisor for MetaTrader 4 that this expert advisor was developed by a programmer from vmql solutions based on my experimental ideas. the concept was to create a trading strategy that could handle both trending and ranging markets by employing a locking method.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use lock system 2+1
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
this expert advisor was developed by a programmer from vmql solutions based on my experimental ideas.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: cross moving average (ma) trading system - another powerful expert for MetaTrader 4 traders.
this expert advisor was developed by a programmer from vmql solutions based on my experimental ideas.Also recommended: donchain counter-channel system - similar expert with strong performance on MetaTrader 4.
the concept was to create a trading strategy that could handle both trending and ranging markets by employing a locking method.
the ea seems to achieve these goals, performing well in both trending and ranging conditions.
however, a critical issue arises with sudden market reversals, causing orders to hang and the overall drawdown to increase.
i have not yet found a solution or optimal settings to address this problem.
i hope that someone here will either take up the task of improving the ea or provide advice on how to tackle this challenge.
please review the ea objectively, considering its potential.
all settings are default, and the code is well-commented for clarity.
i will answer any questions to the best of my ability.
You may also like: vr locker lite: a trading strategy for positive locks - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
extern int pipstepbuy = 200;// ( , buy)
extern int doublepipstepbuy = 400;// ( , buy)
extern int pipstepsell = 200; // ( , sell)
extern int doublepipstepsell = 400;// ( , buy)
extern int allcloseprofit = 50; // ( , )
extern bool work_tp_average = false; // + tp_average
extern int tp_average = 20; // ( , )
extern int close_2_1 = 50; // ( , 2+1 (2 +1 )).......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.