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Zone Recovery Delta

ZoneRecoveryDelta

 

ZoneRecoveryDelta is an expert advisor in which in each iteration, starting from an initial order (buy/sell), it generates successive orders to cover temporary losses and end the cycle, previously configured with the defined parameters, in profit.  

  • ZoneRecoveryDelta is designed for any environment.
  • The recovery area can be dynamically configured based on iteration.


Zone Recovery Delta works

  • In any time frame.
  • With any type of candles (japanese, renko, etc.).
  • With any broker and spread.
  • Up to a maximum of 12 iteration cycles.

How to use ZoneRecoveryDelta

Inputs:

  • magic: Magic number of the Expert Advisor to distinguish it from other possible advisors into the trading environment.
  • user_slippage: Maximum slippage of the broker.
  • recoveryAreaPips: Size of pips that separates an order from another in the opposite direction (pending orders), following the market trend, until reaching the desired profit or reaching the number of pips defined as a target.
  • usetargetPips: If enabled (true), the target to be reached is determined by the number of pips defined in the variable 'targetPips'.
  • targetMoney: The order cycle will close upon reaching that monetary value.
  • targetPips: Number of target pips outside the recovery zone.
  • inverseMode: If enabled (true), the order that starts the cycle, will be in the opposite direction to the candle that complies with the established mode, or the value of the stochastic indicator, as chosen.
  • delta0 to delta11: Variables that modify the recovery zone by x pips (value indicated in each delta), both widening it (positive pips) and decreasing it (negative pips), according to the values indicated.
  •  
  • If martFactor >  1

  •      lot0 = baseLot
  •      lot1 = lot0 * martFactor
  •      lot2 = lot1 * martFactor
  •      lot3 = lot2 * martFactor
  •      lot4 = lot3 * martFactor
  •      lot5 = lot4 * martFactor
  •      lot6 = lot5 * martFactor
  •      lot7 = lot6 * martFactor
  •      lot8 = lot7 * martFactor
  •      lot9 = lot8 * martFactor

  •      These last two levels will not depend on what is indicated in previous lotage values:

  •      lot10 = lot10 * martFactor
  •      lot11 = lot11 * martFactor
  •      
  • else, all orders will have the base lot (baseLot).    

  • martFactor: Multiplier for martingale.
  • multiplier: Lotage multiplier.
  • Risk_Pcnt: Percentage of variation of the lot, depending on the value of the 'Equity' that reflects the trading account.
  • equity_trigger: Value from which the 'Risk_Pcnt' comes into play.
  • useStopTrade: If activated, the Expert Advisor stops trading if Free Marging on account is less than the value indicated in 'StopTradeBelowMarginLevel'.
  • StopTradeBelowMarginLevel: Value that limits the operation of the Expert Advisor.
  • useRenko: If triggered, the first order is executed at the open of the candle/Renko.
  • useStochastic: If activated, the first order is activated on the first candle that meets the values defined for Stochastic.
  •      NOTE: If both 'useRenko' and 'useStochastic' are anabled (both true), 'useRenko' always takes precedence. If both are false, there are no operations.
  • Editable values for indicator 'Stochastic':
    • KPeriod
    • DPeriod
    • Slowing
    • method
    • price_field
    • OverBought
    • OverSold
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Launch promo! Only 2 copies left at current price! Next price: 1533 $ Final price: 1993$ Buy US30 Scalper and you could get Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I
AI Meta EA MT4
Denis Kurnev
4.43 (7)
Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra
Diamond PRO
Fanur Galamov
5 (19)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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