Fast recovery EA
- Experts
- Ramil Minniakhmetov
- Version: 2.0
- Updated: 17 October 2024
- Activations: 5
The EA uses an intelligent and advanced algo to identify a consolidation period in the market and then trading subsequent breakouts by getting the high and low of the consolidation range and draw a box. When the price breaks out of the top of the range, the EA will buy and when the price breaks out of the bottom of the range the EA will sell. Each cycle of trades will be managed in a grid/martingale style until it reaches take profit.
IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!
Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller
FAST RECOVERY SETTINGS DESCRIPTION
- Open new series - on / off beginning of a new series of orders
- Trade Buy - allow the adviser to buy
- Trade Sell - allow the adviser to sell
- Manage manual orders – True/false - if true EA will manage manual orders
- Max spread (0 – not use) – maximum spread allowed
- Start hour -Time for opening the first order.
- End Hour – Time for ending new orders
- Magic - is a special number that the EA assigns to its orders
- Max orders – the maximum open orders allowed (buy and sell)
- Grid mode order – At what order the grid will start
- Initial lot - initial start lot
- Autolot - true /false - use of automatic lot calculation
- Autolot size. Free margin for each 0.01 - the amount of free margin for opening every 0.01 lots
- Lot multiplier - lot multiplier for the following orders
- Max Lot - total maximum lot of last order allowed
- TP (0 – not use) - take profit, in points, will display on chart
- SL (0 – not use) - stop loss in points, from the first order, will display on chart
- Trail Start, points (0 – not use) - activation of a trailing stop
- Trail Step, points (0 – not use) - distance from the price trailing will jump in steps
- Overlap Last order – true – the number or order which the overlap should start
- Overlap percent – 1 – the percentage in profit the first and last overlap order should close
- Pause between orders (min. 0 – not use) – time to pause between orders
- Fix distance - fixed distance between orders
- Order dinamic distance - from which order will the dynamic distance be applied in order
- Dinamic distance start - the starting value for the dynamic distance
- Distance multiplier - the dynamic distance multiplier
- Next is Panel Parameters
I like this EA's breakout entry method. I set it up on lower timeframes and followed the direction of the higher timeframes to only choose to buy or sell during a specific period, and it works nicely. If you set it up as full auto you are possibly gonna run into problems since you need to be in control of which direction you wish to go. This is not a get-rich-quick or set-and-forget robot, but once you drive this baby you will make profits like me! Thank you so much for this great EA!