Auto Lock Bot: MT5 Bollinger reversal EA with hedging and verified returns

This Auto Lock Bot review for 2026 examines live and backtested results to present a clear performance analysis of the EA under varied market regimes. The first notable characteristic is the core concept: using Bollinger Band touches as reversal signals combined with an active locking hedge to limit losses when trends continue. What makes Auto Lock Bot unique is the integration of a timed hedging layer that can open a counter position or partial hedge instead of immediately widening stop loss, preserving capital while the reversal is evaluated. The algorithm monitors closes beyond the upper or lower band and interprets upper touches as sell signals and lower touches as buy signals, then layers a primary trade with hedging rules and configurable exits. In practice, Auto Lock Bot performs best on liquid major forex pairs during clear mean-reversion conditions and higher volatility windows where band touches are frequent. Risk management is explicit: position sizing parameters, fixed and dynamic stops, and the locking mechanism reduce tail risk compared with naked reversal EAs. Expected performance characteristics include moderate win rates with smaller average profits per trade, a need for mid-sized accounts to absorb hedged exposure, and periodic drawdowns during trending markets. Overall, Auto Lock Bot is a pragmatic tool for traders who accept smaller, consistent gains and prefer algorithmic hedging over aggressive stop widening.