Description

Total Lock EA V2.7: A Powerful Risk Management Tool

Overview

• Name: Total Lock EA V2.7
• Developer: Vadim Zotov
• Version: 2.7 (Updated: 19 December 2023)
• Activations: 10
• Telegram Channel: YoForexRobot
• Download Link: YoForex Website

Strategy

• The Total Lock EA V2.7 replaces the traditional stop loss with a more effective mechanism.
• Instead of a fixed stop loss, the robot places a pending lock (a counter order) at a specific distance from the main position.
• When the price moves sharply against the trader, the lock becomes a market order, preventing further losses.
• The loss is frozen at the same level, ensuring that it does not increase.
• The main position remains intact and will eventually bring profit once the lock closes.
• Each position is accompanied by a separate lock, and there is no limit to the number of positions.

Key Features

• Risk Management: The EA minimizes losses by freezing them at a predetermined level.
• Position Locking: Each position has its own lock, allowing precise control.
• Manual Trading or Add-On: Use it to insure manual positions or as an addition to another robot.
• Flexible Strategies: Compatible with various trading strategies.
• Real-Time Examples: Check out trading examples on Vadim Zotov’s channel.

Parameters

• Language: English/Russian
• Trade Direction: BUY/SELL
• Magic Number: 0 (for manual positions)
• Mode of Operation:
  • Testing: Use in the strategy tester.
  • Trading with Manual Main Entry: Set main positions manually.
  • Trading with Another Robot: Combine with other EAs.

Recommended Settings

• Minimum Deposit: Depends on your risk tolerance, but start with a reasonable amount.
• Timeframe: The EA works on any timeframe, but consider H1 or higher for better results.
• Currency Pairs: Suitable for all major and minor pairs. Test and optimize based on your preferences.

Conclusion

The Total Lock EA V2.7 offers a smart alternative to traditional stop losses. By using pending locks, it ensures that losses are controlled while allowing room for profit growth. Whether you’re a manual trader or use other robots, this EA can enhance your risk management strategy.

You can check more on – 

yoforex.org

fxcracked.org

forexfactory.cc

yoforexea.com

mql5.software

How to Get Started

1. Download :
   • Download Total Lock EA V2.7 from the provided link. https://www.yoforex.org/product/total-lock-ea-v2-7/
   • Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

😎💫Happy Trading💫😎