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MWRecovery

MWRecovery is a system designed to recover unprofitable positions.When the market moves by a certain amount against the direction of a trade and brings it to a loss, the system opens other trades in the same direction at specified intervals. Once these trades reach a certain profit, a magic trailing stop is activated to maximize your profit.

How it works :

  1. The utility resets StopLoss levels for all processed orders. 
  2. New trades will be placed if the conditions are met according to what you have selected in the utility panel(Recovery Mode & Distance & Dynamic Recovery Mode & its Methods).
  3. The algorithm finds the breakeven point.
  4. If, in the direction of trades, we pass the breakeven point equal to the minimum profit that you have set in the utility panel, a trailing stop will be activated.
  5. Finally, all your trades are closed with a good profit by trailing stop.

Click here to know more settings and how the utility works.

MT5 version.

Signals made with this algorithm.==>  signal

Advantages :

  1. You can use this utility in manual trades or simultaneously with one or more EAs. 
  2. Easy installation.
  3. Has a graphic panel for easy use.

Note:

  • This utility is not multi-currency and works only on the pair it is installed on. 
  • This utility alone is not able to open trades, but it recovers your losing trades.
  • Attention, MWRecovery is a utility and not an expert advisor, so you can't backtest it in the strategy tester.

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Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th
The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------
JoyBoy EA
Shamary A Guy
JoyBoy EA advantage: the first support for small capital work EA, real trading more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of about 12 hours. This EA does not use Martingale or Grid strategy Makes it safer for your capital. You can also use this EA to pass prop firm Challenges because of its very low drawdowns and stable profits. Support currency: EURNZ
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MWRecovery is a system designed to recover unprofitable positions.When the market moves by a certain amount against the direction of a trade and brings it to a loss, the system opens other trades in the same direction at specified intervals. Once these trades reach a certain profit, a magic trailing   stop is activated to maximize your profit. How it works : The utility resets StopLoss levels for all processed orders.  New trades will be placed if the conditions are met according to what you hav
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