Recover My Trades Pro
- Utilities
- Florian Riedrich
- Version: 2.40
- Updated: 5 July 2023
- Activations: 10
What is this EA about?
This EA is right for you if you use martingale or grid systems without own recovery. Why?
Using Martingale or grid systems are pretty good on one hand because the give steady little return. But if the trend goes against the used system, more and more trades are opened. It can burn your whole account.
During a trend normally there are some pullbacks. This EA is taking advantage of these pullbacks. It takes the oldest and and all trades with profit to calculate the average price between these orders. In addition you can add a little profit. If the price is reached it closes the the basket of orders.
It can happen that the price moves against your system again. Your Grid-EA openes another order. The game continues till the trend returns to your favour and your Grid-EA closes all orders.
With this Recovery-EA I could save my account more than once.
Add this EA to your portfolio to save your account!
This EA does not open any orders, it just closes the orders which were opened by other EAs or by yourself.
Moreover you can use the EA as a trademanager. Set the TP- or SL-Lines easily.
Now I included a simple trade manager. You can open or close tickets with the specified magic number. This feature works in a backtest as well.
General settings:
- Order Magic Number - specify the magic number on which the EA is working on
(1) AND (2) must be valid or (3) on it's own
- (1) Grid Size for Activation - how many grid orders should be opened before recovery starts?
- (2) Drawdown for Activation [%] - what is the drawdown before recovery starts?
- (3) Force Recovery when Symbol Drawdown > x [%]
System:
- Calc Profit by percentage or money
Visual and messages
Color Average Price Line - color if average line
Notify on Smartphone - do you want to be notified if there was a recovery or a larger drawdown? (don't forget to place your ID in the option menue)
Chart Visual - you can use standard or my customized chart setup
Simple and do its job as expected. If only it can do multiple symbol at once and author respond to this request in timely manner will my review be all 5 star.