What is VR Locker EA?
VR Locker EA is an automated trading strategy that uses positive locking to trade the forex market. A positive lock is created when a sell position is placed on top of a buy position, both with the same lot size.
VR Locker automatically opens and manages these positions, aiming to profit from price movements. It is designed for the EURUSD pair but can be adapted to other currency pairs and financial instruments.
Why choose VR Locker EA?
- Potential for Profit: The strategy has the potential to generate consistent profits over time.
- Automated Trading: Save time and effort with automated trading, allowing you to focus on other aspects of your life.
- Flexibility: You can customize the Expert Advisor (EA) to suit your specific trading preferences and risk tolerance.
- Versatility: Adaptable to various market conditions and financial instruments.
VR Locker EA MT4 Features
The core features of the integrated advisor include:
- Active Locking Strategy: Uses the Grid trading method with active locking, where the short position is kept above the long position with equal lot size.
- Automated Trading: Executes trades automatically based on pre-defined parameters and market conditions.
- Currency Pair Flexibility: Primarily designed for EURUSD but can be applied to other currency pairs and cryptocurrencies.
- Profit Accumulation: Creates a “safety cushion” of variable profits through the creation and management of multiple locks.
VR Locker EA Review
1. VR Locker MyFxBook:
The real trading performance of VR Locker MT4 has been thoroughly Verified by MyFxBook. The verified account has a capital of $1,000 and the total profit achieved in 13 months of trading is Gain: +207.84%, the average monthly profit is 9.48% and the risk level is optimized at a stable level drawdown: 68.74%.
2. VR Locker backtest:
VR Locker EA backtest trading results achieved impressive high performance. The advisor was designed to master the EURUSD market and has proven its practical effectiveness for many years. Backtesting for 5 months (01/2024 – 06/2024), with different capital levels, achieved impressive performance and excellent safety.
- Test with $500 capital, total profit achieved is $856.58, risk is well optimized only at maximum drawdown: 28.63%.
- Test with $1,000 capital, total profit achieved is $2,784.59, risk is well optimized only at maximum drawdown: 23.70%.
- Test with $2,000 capital, total profit achieved is $5,576.76, risk is well optimized only at maximum drawdown: 23.73%.
Recommended optimum usage
- Timeframe Selection: Use a timeframe of H1 (1 hour) or more for optimal performance.
- Demo Account Testing: Test the EA thoroughly on a demo account before trading for real.
- Lock Accumulation: Build a significant number of locks (30-50) before moving to breakeven.
- Customizable Lock Management: Open and close locks based on your preferred trading strategy.
Latest product download package includes
The download package includes the official version of the advisor:
- Experts: VR Locker EA v22.040.ex4
- Presets:
- EURUSD_$500_MM1.2_Low Risk.set
- EURUSD_1K_MM1.2_Medium Risk.set
- EURUSD_1K_MM1.2_Low Risk.set
- EURUSD_1K_MM1.2_High Risk.set
About the Author
This product is compiled by Vladimir Pastushak. This author has more than +11 years of experience working on MQL5 with many famous products such as VR Locker EA, VR Lollipop, VR Smart Grid and other products. Among them, VR Locker EA is his best performing product in 11 years.
Conclusion
In short, the VR Locker Expert Advisor (EA) is an automated trading strategy designed to take advantage of market volatility using a unique active locking technique. The strategy involves opening two positions of equal size in opposite directions and then taking advantage of price movements to increase the distance between these positions, thus accumulating profits.
Although the expert advisor is primarily designed for the EURUSD pair, it has the potential to be adapted to other currency pairs and even cryptocurrencies.
>>> Reviewed by Jason Stap
