Exp Safety LOCK Pro V5 2
Exp Safety LOCK Pro V5 2 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 5.2. It places pending orders and moves the stop behind price. It has 21 settings, for example montor (default ), Symbol Monitor and Type Monitor (default -1). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v5 · Free
About Exp Safety LOCK Pro V5 2
Exp Safety LOCK Pro V5 2 is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 21 settings, such as Montor, Symbol monitor and Type monitor. MQL source code included.
Files in the download: Exp - SafetyLOCK PRO v5 (12062011)~.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Montor | ||
| Symbol monitor | ||
| Type monitor | -1 | |
| Magic monitor | -1 | Magic number that tells this EA's orders apart |
| Safety pos monitor | TRUE | |
| Trade | ||
| Market watch | FALSE | |
| Stop order deltaif use | 0 | |
| Modify ord pend | TRUE | |
| Close oneif stops active | TRUE | |
| Close safety positionsifclosed | FALSE | |
| Magic | 19052011 | Magic number that tells this EA's orders apart |
| Stop loss | 0 | Stop loss distance |
| Take profit | 0 | Take profit distance |
| Slippage | 0 | Maximum slippage allowed when opening a trade |
| MNLOT | 1.0 | |
| Trailing | Trailing stop distance or switch | |
| Trailing stop use | FALSE | Trailing stop distance or switch |
| If prof trail | FALSE | Trailing stop distance or switch |
| Trailing stop | 0 | Trailing stop distance or switch |
| Trailing step | 1 | Trailing stop distance or switch |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Pending Orders · Trailing Stop & Break-even · MT4 Expert Advisor · MQL4 Source Code