Profit Lock systems are a new set of systems designed by developers at the Trading Kernel Team, to do what manual traders can’t do, which is lock profits in milliseconds.
With the folder comes with 3 types of profit lock.
- Profit Lock By Equity: Profit lock by equity locks the profit when the equity reaches a preset specified amount. This is usually a small amount, about 1-2% of your capital. once the profit lock closes all the profits, it automatically disables auto-trading. It also continues trading, making the profits daily.
- Aggressive Profit Lock: This version of profit lock locks individual trades, when they reach a specified amount, the recommended amount is $0.15 as set by default. as the profit lock continues locking the profits, the equity usually reduces as the balance increases. once you have reached your target balance, then close all charts with the current scalper EA, trading, leaving only the profit lock.
- Martingale Assistant: This is a fail safe Assistant for Martingale Experts, Martingale Experts do not usually perform well during the Trending Conditions. therefore Martingale Assistant disables auto trading, and does not allow the experts Martingale EA, trade until it it feels trading is safe.