Crazy Lock EA
Lock-and-recover EA v3 · ATR-based Swing Martingale · EURUSD GBPUSD AUDUSD · M15+ · MT4
About Crazy Lock EA
The Crazy Lock EA is an automated trading system for MetaTrader 4, documented on theforexgeek.com and forexcracked.com, employing a unique scalping approach that relies solely on its own internal algorithm without needing external indicators. The system simultaneously initiates both a buy and a sell position, and when one side starts moving into negative territory, the EA applies a "lock" mechanism to prevent further drawdown on that position.
If the locked position continues moving adversely, the EA switches to an averaging system combined with pending orders to manage the trade, ultimately working to move it toward a break-even point rather than accepting a full loss. Technically, it relies on a modified version of the Swing Martingale strategy, using the ATR indicator to analyse the market and execute trades with progressively increasing lot sizes as part of that swing martingale approach.
- Platform: MetaTrader 4
- Timeframe: M15 and higher
- Pairs: EURUSD, GBPUSD, AUDUSD, and others
- Strategy: Simultaneous buy/sell with lock mechanism + modified Swing Martingale
- Core indicator: ATR-based analysis
- Min deposit: $300
- Version: 3 (also referred to as "Crazy Lock V3")
- Source: theforexgeek.com · Crazy Lock EA