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Loss Recovery 2 MT5

90 USD

Demo downloaded: 286

Published: 27 February 2021

Current version: 3.0

Loss Recovery 2 MT5

Name: Loss Recovery 2 MT5
Price: 90.00 USD
Rating: 3 (2 reviews)
Author: Kyra Nickaline Watson-gordon

Experts
Kyra Nickaline Watson-gordon
Version: 3.0
Updated: 27 May 2024
Activations: 10

Trading Strategy:

Loss Recover2 EA try to close wrong positions without any loss (Recover Wrong Positions), by using Zone Recovery method and without using martingale methods. Anytime price exits from zone, EA will close basket of trades without loss. The zone can be with fixed height or with increasing height. Also there are some options for volume increasing.

Using EA :

The EA is very simple and without complicated input parameters. There are main parameters must be set:

EA Action :

Single Position With Specified Ticket (Order ID) : EA recover only in-loss position with ticket specified in "In-Loss Position Ticket" field.
Multiple Positions With Defined Tickets (Order ID) : EA recover multiple in-loss position with ticket specified in "In-Loss Positions Tickets" field.
All Positions On Account : EA recovers all positions with loss greater than "Distance to Start" field.
All Positions On Current Chart : EA recovers all positions with symbols equal to attached chart and loss greater than " Distance to Start" field.
All Positions With Magic Number : EA recovers all positions with defined magic and loss greater than " Distance to Start" field.

In-Loss Position Ticket (Order ID) [If Action=Single] : Ticket of existing wrong position specified in "In-Loss Position Magic" field.
In-Loss Positions Tickets (Comma Separated) [If Action=Multiple] : List of desired tickets separated by comma.
In-Loss Position Magic : Magic Number of Positions you want to recover.
When to Start Recovery? Three Options : Fixed Points or ATR Points (Start recovery when specified DD in Points occur) / % of Balance (Start recovery when DD of Position is Greater than specified percent of balance.) / Amount of Loss
Distance to Start (Zone Height) : Distance in Points to start managing and recovering loss.
Distance to Start (ATR Multiplier) : Distance in Points calculated based on ATR
Loss to Start: Loss on position to start managing and recovering loss.
Extend Zone Height: Fixed Points / ATR / No Extend
Distance To Add Each Step (Extending Zone Height) : Amount of Points You Want to Add to Zone Height on Each Step. Enter 0 for Fixed Zone Height.
ATR to Add Each Step : Zone Height will be added based on ATR
Volume Mode: Add or Multiply Options. Volume Settings on Each Step.
Volume to Add: Lots to Add on Each Step (If Volume Mode=Add)
Volume Multiplier: Multiplier to Last Volume (If Volume Mode=Multiply)
TP : Total Take Profit of Basket of Trades. Enter 0 if you want to only recover losses without profit (Break-Even) .
ATR Timeframe : ATR Timeframe for distance determination
ATR Period : Period of ATR
Show Panel : Option to Enable/Disable Live Reporting Panel on Chart.
Close Charts on Start of Recovery: Will close all other charts on recovery start to avoid placing/managing orders by other EAs.

Testing EA :

For testing the EA you must enter position information in the wrong direction. The EA opens a position at time and volume and direction you entered and then starts managing drawdown. Make sure that after the position opens, the market moves in the wrong direction.

EA Action: Set to "Testing Mode"
TESTER Wrong Position Time:

The time for inserting the wrong position in the format: hh:mm as example: 15:35
Position will be opened in market price at time you specified on start date of your testing period.

TESTER Wrong Position Direction: BUY or SELL
TESTER Wrong Position Volume: Volume of the wrong position (lots)
You can optimize EA by changing parameters

Recommendations and Using Conditions :

Any Time Frame can be used.
You can continue your trading on your account. The EA manages your wrong position and own-opened positions until recovering loss.
It is recommended to disable any trading operations by other EAs on recovery started positions.

Versions :

Loss Recovery 1 With Smart and Special Hedging Strategy. MT4 Version | MT5 Version
Loss Recovery 2 Using Zone Recovery Strategy. MT4 Version | MT5 Version
Loss Recovery 3 Using Averaging Strategy with Various Risk Control Features. MT4 Version | MT5 Version
Compare Specifications of All Versions. Click Here.

We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.

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ax9912 2024.01.25 10:13 #

This EA is a must that any trader should have. Exceptional recovery in fast times. It save the account from unexpected DD locking and recovering potential losses.

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Welcome to Diamond Ultimate!!! The EA provides clear LIVE ACCOUNT SIGNALS. BACKTEST GUIDE LAUNCH PROMO: Only 2 copies left at the current price! Final price: $4993.99 BONUS - BUY LIFE TIME Diamond Ultimate GET FREE 1 EA => Ask in private for more details!!! Download Set Files MT4 Version Diamond Ultimate combines algorithms based on various price actions with 13 years of market experience to execute orders and manage capital. All trades have clear stop loss and take profit levels. The

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Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:

1 633.99 USD

Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying Copy from netting to hedge and hedge to netting is supported. Fast and instant copy All settings are input visually. Easy modifying symbol names, prefix, suffix Enable/Disable co

50 USD

Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT5 Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying Copy from netting to hedge and hedge to netting is supported. Fast and instant copy All settings are input visually. Easy modifying symbol names, prefix, suffix Enable/Disable

50 USD

190 USD

Note : Limited version can trade with the volume less than 0.05 lots. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is t

30 USD

OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these

180 USD

Description : A utility to create and save screenshots automatically and send to a chat/group/channel on telegram. The saved/sent image file will include all objects that exist on the chart and also all indicators are displayed on the chart. Features: Save screenshot of chart including all objects, indicators, ... Send screenshots to a telegram chat/group/channel Wide range options to select when create screenshots Logo and text adding feature Inputs and How to setup the EA : Variou

30 USD

60 USD

Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Note : Limited version can trade with the volume less than 0.05 lots. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based o

30 USD

180 USD

190 USD

Loss Recovery 2 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. Trading Strategy: Loss Recover2 EA try to close wrong positions without any loss (Recover Wrong Positions), by using Zone Recovery method and without using martingale methods. Anytime price exits from zone, EA will close basket

90 USD

Fundamental Scanner is a Non-Repaint, Multi Symbol and Multi Time Frame Dashboard based on Fundamental Signals Indicator . Fundamental Signals Indicator has a powerful calculation engine that can predict market movement over 3000 pips (30000 points). The indicator is named fundamental because it can predict trends with large movements, no complicated inputs and low risk. Features : Multi-Symbol Support (Support automatic listing of market watch symbols) Multi-TimeFrame Support (Over 7

110 USD

A utility to close all orders automatically when conditions meet. Various options are available to filter or select orders : Conditions : Closing conditions. 3 different conditions can be defined. EA will close orders anytime one or more defined conditions meet. Conditions can be defined based on account properties or selected orders properties. Also a fixed time to close orders is available. Type of orders : Buy / Sell / Buy Limit / Sell Limit / Buy Stop / Sell Stop Symbol Selection : All /

50 USD

First Scalper is an Expert Advisor based on Scalping, Using the best and safest scalping EA on market. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. First Scalper can trade on all symbols and all time frames, using a special and unique strategy developed by the author. Using EA : General Options Trade Type : Long/Short/Both S

200 USD

Note : Free version can be used for trading on Demo Accounts. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different cu

FREE

Definition : TPO is a Time Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words time-price-opportunity (TPO) profiles are histograms of how much time was spent at each price within the span of the profile. By using a TPO chart, you are able to analyze the amount of trading activity, based on time, for each price lev

60 USD

50 USD

Definition : VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words volume-price-opportunity (VPO) profiles are histograms of how many volumes were traded at each price within the span of the profile. By using a VPO chart, you are able to analyze the amount of trading activity, based on volume, for eac

60 USD

Description : VWAP (Volume-Weighted Average Price) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which pair is traded over the trading horizon. Read More. All Symbols and All Timeframes are supported. Indicator Inputs : VWAP Mode : Mode of VWAP Calculation. Options can be selected : Single,Session,Daily,Weekly,Monthly Volumes : Real Volumes,Tick Volumes Price Type : Used price for ca

50 USD

An indicator to draw a graph of account current and historical state such as Balance, Equity, Margin, Free Margin, Margin Level, Drawdown, Account Profit, Deposit and Withdrawals. Indicator Inputs : Draw Balance Graph Draw Equity Graph Draw Margin Graph Draw Free Margin Graph Draw Margin Level Graph Draw Drawdown Graph Draw Account Profit Graph Hide Data on Chart and Buffers Connect Gaps by Lines Sign of DDs on Profit Sign of DDs on Loss Tips : The Indicator will draw historical balance gra

60 USD

Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) This is Free Version and can be used on Demo accounts only. Use the Full Version for real trading. Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying Copy from netting to hedge and hedge to netting is supported. Fast and instant copy All settings are input visually. Easy modifying symbol

FREE

Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Note : Free version can be used for trading on Demo Accounts. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-

FREE

Definition : A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal). Market Profile is best understood as a way to see order in the markets. Market Profile was a way for traders to get a better understanding of what was going on, without having to be on the trading floor. The current indicator is developed based on Easy-to-Use architecture including a wide range of visual settings. Major Features of Indicator : Various Views of Market Profile The indica

60 USD

Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to

990 USD

Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author. The EA

200 USD

60 USD

Channels Indicator is an All-In-One Indicator with a powerful calculation engine. The Indicator contains 4 different and usual methods for finding channels on the market. Indicator is powered by a visual interface and with various selections of alerts and notifications. Testing Indicator : Strategy Tester does not respond to your clicks on panels (This is metatrader tester limitation). Thus input your desired settings on the indicator pre-settings and test. Using Indicator : Display

60 USD

Filter:

180

ax9912 2024.01.25 10:13 #

This EA is a must that any trader should have. Exceptional recovery in fast times. It save the account from unexpected DD locking and recovering potential losses.

168

NicolasRJ 2022.03.16 00:55 #

Good night, I bought your EA, but I'm having trouble configuring it, I have the metric ready for what I need in relation to the hedge, but I'm not able to make it work on your system. Do you have any kind of documentation that can help the configuration of your EA?

51035

Reply from developer Kyra Nickaline Watson-gordon 2022.03.16 05:27 #

Description of product and input parameters are clear. If you have any problem, you can ask me on comments page or on PV messaging to help you.

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Samit Rajendra Dar 2022.02.17 05:40 #

The EA opens orders in opposite direction and that is pretty much what it does

51035

Reply from developer Kyra Nickaline Watson-gordon 2022.02.17 08:20 #

Yes, of course. This is first step of recovery. Please wait.

Version 3.0 2024.05.27

Added new selection mode : "Multiple Positions With Defined Tickets"

Version 2.1 2023.02.13

Closing larger orders first.
Faster Closing of orders.

Version 2.0 2022.06.07

Added :
* Parameter to limit Maximum Volume of Each of Order
* Sequence options to determine volumes
* Visual display of opened recovery orders, next order, TP price on chart.

Version 1.6 2022.04.22

Added options for notifications and popup alerts
Added more options to close chart feature
Used 2x commission values to cover closing commissions of orders

Version 1.5 2022.02.19

- Added Start Recovery option based on Loss Amount
- Added more options to setup TP

Version 1.4 2021.10.29

Added Max Spread Control.

Version 1.3 2021.09.18

Added
- commissions and swaps for profit calculation (optional).
- Limit Max Number of orders to control the risk

Version 1.2 2021.08.11

Updates to make it compatible with the new build of MT5 terminal.

Version 1.1 2021.03.27

- Added Distance Based on ATR.
- Added Close Charts Option on Recovery Start.