Crazy Lock V3 EA For FREE Download Crazy Lock V3 EA For FREE Download
Crazy Lock EA does not use any indicators. It utilizes a scalping system to trade in both directions (buy and sell) simultaneously. Two opposite positions cannot bring profits at the same time, one of them will lose money. If you have a losing position, use lock-in. If the locked position fails and the price reverses, the robot uses the averaging system and pending orders to move it to breakeven.
Please test in a demo account for at least a week first. Also, please familiarize yourself and understand how Crazy Lock Robot works, and then only use it on a real account.
Recommendations
- Minimum 100$ cent account or equivalent standard account balance 10,000$
- Work best on EUR/USD, GBP/USD, AUD/USD. (Work on any pair)
- Timeframe doesn't matter
- Keep an eye on high-impact news and close EA
- In order to achieve stable results, Crazy Lock V3 EA (an easy-to-use EA) should be run 24/7 on a VPS. Therefore we recommend running this free Forex EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
- Low Spread ECN accounts are also recommended ( find the best broker for you here )
Input Parameters
- Continuation Order Type – Set the order type for continuation of the trade
- First TakeProfit – the size of the first take profit
- Channel Size and Second Take Profit – Application of Take Profit and Take Profit
- Distance to next channel – Distance to next channel
- MM (Balance Percent) – Money Management (Deposit Percent of First Order)
- Lot – initial lot size (0 – calculated based on balance and MM)
- maximum. Channel order quantity – the maximum number of orders in the channel
- MagicNumber – unique EA number
- Enable trading hours – Enable time trading
- GMT broker – broker time
- trading start time – trading start time
- Trading end time – trading end time
- Start strategy – starting strategy
- Timeframe – indicator time frame
- Selected Direction - Select the opening direction (in "Start Strategy" = "Selected Direction")
- ATR period – ATR indicator period
- ATR power-on level – the ATR level at which the EA trade is started
Strategy description
Since 2013, many websites have been actively discussing the Crazy Lock Advisor, which I developed under the name Crazy Lock. When I talk about how to make money on any move in the market, no matter which direction the market moves, I think of the idea of a robot. Based on the blocking martingale (or Swing) strategy. Now I want to introduce you to the modified and more functional version of this robot.
That's the essence.
- We only trade during active periods of the market to avoid falling into long periods of flat trading and to avoid collecting large volumes of orders. I also recommend disabling EA during holidays in Europe and the United States. The market may not be very active at this time. It is also best not to trade during Non Farm paroles (the United States releases employment data. Release date: Friday after the first Wednesday of each month). The market may be unpredictable and the EA may not have time to place orders correctly.
- To launch this strategy over a given time period, we start by looking at the ATR indicator, which shows the average volatility. Once the indicator rises, we enter the market in the direction of the signal candle.
- For the first order, we set the profit to 10 pips and immediately place the opposite order 20 pips away from the first order with a 2.2x increase in lot size.
- If the market does not move in the direction of the first order, but opens an opposite order, then we set the take profit of the second order at a distance of 30 pips. We also place the stop loss on the first order there. Therefore, by closing a total of two trades at the same time, we will obtain a positive trading result.
- If the market captures the second order, immediately place an opposite order, also increasing the lot size by 2.2. This cycle continues indefinitely until the market achieves profitability. In fact, it doesn't take more than 9 orders for the market to start moving and allow you to close the total profit on all orders.
- In addition to the first order channel, we can also open additional channels. As soon as we open the first order 10 pips away from the first order, we place a pending order to start another channel next to the already opened channel. We open it up a certain distance so the channels don't match.
Therefore, we can make a profit in any situation, no matter which direction the price goes, we will turn over and make a profit. The main reason is that the price will not move within the small channel of 35-55 points for a long time. Given current market dynamics, this scenario is unlikely to happen. The main thing is to check the economic calendar in time and close the EA during holidays and when there is no news from the European and American markets. Well, if there is news, then they will probably move the market somewhere.
- Read More Forex Vzlomshik(Cracker) Pro EA – [Cost $149] – Free
ForexCracked.comCrazy-Lock-EA.zip
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