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Recovery Manager Pro MT5

149 USD

Demo downloaded: 88

Published: 30 December 2023

Current version: 1.10

Recovery Manager Pro MT5

Experts
Ianina Nadirova
Version: 1.10
Updated: 5 January 2024
Activations: 20

Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode.

Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor uses smart averaging, locking and partial closing. The advisor works on a custom trend indicator, which all buyers of the advisor will receive as a gift.

The key feature of the advisor is the ability to work in standby mode. As soon as another advisor generates a drawdown, RM Pro will take over order management and open averaging orders followed by partial closure.

Setup instructions: link

MT4 version: link

Advisor features:

restores drawdowns from unprofitable positions;
can operate when a specified drawdown is reached;
uses partial closures;
opens averaging orders to restore unprofitable positions;
works with losses from other advisors or manually placed orders;
works according to the trend. Custom indicator for moving averages as a gift to every buyer!
can work both with one order and with a grid of unprofitable orders!
works on the current symbol;
automatic adjustment according to a given degree of risk.

Important!

Before launching the advisor, we recommend testing the advisor in a strategy tester or on a demo account!

Perform testing in the “Visualization” mode. Detailed information on testing in the instructions.

If you have any questions about the settings, write to me, I will be glad to help you.

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The Candle_Timer_and_Spread indicator shows on one chart the time until the end of the candle and the percentage of price change along with the spread for the selected symbols. The timer for the time until the end of the candle on the current timeframe and the price change as a percentage relative to the opening price of the day is located by default in the upper right corner of the chart. The panel shows the spread and percentage change of the current price relative to the opening of the day

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Version 1.10 2024.01.05

Minor UI update. Fixed bug with updating data in RM PRO panel