VR Locker

The VR Locker Expert Advisor implements a trading strategy that uses positive Locks.

The main task of the EA is to create positive locks, to create a safety cushion.

Description of the trading strategy

The EA opens two market orders in different directions with the same volume. Depending on where the price goes, the EA uses a grid of orders to "spread" the orders.

once the distance between the orders becomes equal to or greater than specified in the settings, the EA proceeds to of a new lock.

When working with locks, an amount of floating profit is accumulated, which can be used by trader as a reserve - safety cushion.

The EA works in two stages:

1. Accumulation of positive locks and creating the safety cushion.
2. Working with positive locks, opening the locks or using with manual trading tactics.

Main advantages of the program

• Suitable both for novice and experience traders.
• Wide selection of settings.
• Works on all timeframes.
• Works on any financial instrument.
• It can be used with other EAs or in conjunction with manual trade.
• The EA displays information on the profit on each lock.

The EA control buttons on the chart

• Close Old Lock - close old lock.
• Stop Trade Expert - logically and smoothly stop the EA operation once the current lock is created.
• Close only Buy - force close all buy orders.
• Close only Sell - force close all sell orders.
• Open Magic Profit - open the table on profit by Magic numbers
• Open All Profit - open the table on profit for the last 10 days

Tips for working with this Expert Advisor from the author

• When working with the program, use the H1 timeframe or higher.
• The EA was tested and developed for currency pairs, but it can work on bitcoin and other cryptocurrencies.
• Configure the EA on demo accounts.
• Accumulate a large number of locks. once 30-50 locks are made, move all buy/sell orders to breakeven or enable trailing stop.
• Let the profit grow, this will reduce the psychological burden.
• You can open the locks according to your trading strategy.
• Adhere to the money management rules.
• Remember the risks associated with trading in financial markets.
• When broadcasting the EA signals, accept new clients only after a lock is formed. (Use the Stop Trade Expert button to stop trading before accepting subscribers.) Failure to comply with this rule can result in losses on subscriber accounts.

Program Settings

• Start Lots - initial trading lot.
• Type Lots - subsequent lot calculation type.
• Start Lot - calculation of the lot size is not performed, lot size for all orders is set as in Start Lots.
• Martingale Lot - lot size is calculated as the last order lot multiplied by 2.
• Summ Start Lot - lot size is calculated as the last order lot + Start Lots.
• Fibo Lot - lot size is calculated according to the Fibonacci principle, the lot size of the next order is the sum of lot of the previous two orders.
• Lock Type - type of distance calculation in locks.
• Point - value is taken from Lock Type Value.
• Bands Channel - value of the lock is the difference between the upper and lower lines of Bollinger Bands.
• Donchian Channel - value of the lock is the difference between the upper and lower values of the Donchian channel.
• Last Candle High-Low - value of the lock is the difference between High and Low of the previous candle.
• Lock Type Value
• For Point - the number of points.
• For Bands Channel - period of the Bollinger Bands indicator.
• Fro Donchian Channel - period for calculating the Donchian channel.
• For Last Candle High-Low - irrelevant.
• Close Lock Value - the number of locks to start closing the oldest lock.
• Order Step - step between orders in the order grid.
• Profit Plus - the minimum profit received when closing a series of orders.
• Slippage - slippage.

Magic numbers from 1 to 50 inclusive are reserved for the program.

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