Open lock MT5 (Official version) | GroupBuy

What is Open lock MT5?

Open Lock MT5 is a powerful Expert Advisor (EA) designed to minimize drawdown and protect trading capital. Instead of closing a losing trade in its entirety, Open Lock breaks it down into smaller pieces and closes them gradually, easing the load on your deposit. It works on hedge accounts and applies advanced techniques such as locking, averaging, and partial closing to stabilize equity and minimize risk.

• Vender website
• This is GroupBuy ==> Join Now

About the Developer

• Author: Sergey Likho
• Experience: Over +10 years of experience on MQL5.
• Notable Products: Open lock MT5, Open lock MT4, Metusha EA MT4 and other advisors.
• Flagship Product: Open lock MT5 is rated as the best performing product of the year.

>>> Join our Channel Telegram <<<

Key Features of Open lock MT5

• Drawdown Control – Splits losing trades into smaller parts and closes them step by step.
• Locking Mechanism – Prevents further drawdown increase by hedging positions.
• Averaging Orders – Uses small lot averaging trades to cover losses without overloading the deposit.
• Partial Closure – Gradually reduces exposure and eases the pressure on your account balance.
• EA Interaction – Can stop other advisors once a defined drawdown level is reached.
• Risk Limit Actions – Automatically lock or close all positions when equity falls below a set level.
• Flexible Start Options – Begin immediately or only when a specific drawdown threshold is reached.
• Customizable Trading Hours – Define allowed time intervals for opening averaging orders.

Additional Features

• Magic Number Control – Unique ID to avoid conflicts with other EAs.
• Trading Modes – Choose between normal operation or closing-only mode while other EAs handle entries.
• Dynamic Lot & Step Multipliers – Scale lot size or grid step automatically for flexible trading.
• Direction Control – Operate in both directions, buy-only, or sell-only mode.
• Advanced Closing Options – Close all unprofitable orders, a specific order, or partial lots with profit.
• Panel & VPS Support – Configure via control panel or EA inputs for VPS compatibility.
• Custom Scheduling – Set specific hours or a 24H schedule for averaging orders.
• Testing Mode – Opens a trade and attempts to close it profitably for easy backtesting.

Why Choose Open lock MT5?

• Strong Drawdown Protection – Built to safeguard capital during high-risk scenarios.
• Flexible & Adaptive – Works with other EAs, customizable settings, and multiple trading modes.
• Risk Management Tools – Includes locking, partial closures, averaging, and automated equity protection.
• Professional Control – Fine-tune every aspect: lot sizes, steps, timing, and closing rules.
• Hedge Account Ready – Designed specifically for hedge accounts to maximize efficiency.
• Reliable Stability – Gradually recovers losing positions while reducing account stress.

Open lock MT5 Performance Review

• Works seamlessly with other EAs or manual trading.
• Automatically disables other bots during recovery.
• Can function as a dedicated drawdown manager.

Open lock EA Reviews

Open lock EA Reviews

User Reviews

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

>>> Join VIP Membership Now <<<

Conclusion

In summary, Open Lock MT5 is a highly effective Expert Advisor designed to protect trading capital and minimize losses with intelligent risk management tools. By breaking down losing trades into smaller parts, applying smart locking mechanisms, and using averaging orders with partial closing orders, Open Lock MT5 gradually reduces the burden on your account while protecting equity. Whether you trade manually or with multiple advisors, Open Lock MT5 acts as a powerful loss management tool, helping traders achieve sustainable growth and peace of mind in volatile markets.

>>> Reviewed by Jason Stap <<<