CM-Closelock Expert Advisor | MT5 EA Download-MetaTrader 5 Resources

CM-Closelock Expert Advisor review and download instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

The EA closes a long-range order and all profitable orders if its loss is covered by profitable orders plus CloseProfit in the deposit currency.

A long-distance order is determined by the distance from the current price to the order.

We have 20 open positions, 3 of them in profit and 17 in loss. The loss of the furthest order is 5 USD and the profit of all (3) profitable orders in the amount of 6 usd. If CloseProfit = 1 usd (5=6-1), then we close the long-term unprofitable and all profitable ones on the current currency pair. Next, the Expert Advisor again determines a pair of unprofitable ones and waits for the profit of new orders to continue working.

CloseProfit = 0; //close by total profit Magic = 0; //-1 all orders.

The adviser works for free

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.