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Loss Recovery 2 MT5

3
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 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 :



We are ready to help you for using the EA, Please don't hesitate to contact us.
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Comentarios 3
ax9912
160
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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Marzena Maria Szmit
4.84 (49)
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Georgios Kalomoiropoulos
4 (3)
Asesor totalmente automatizado basado en el principio de oferta y demanda . La primera empresa en ofrecer asesoramiento de oferta y demanda totalmente automatizado. Operar ahora es aún más fácil y le brinda control total sobre su estrategia comercial. A través del conveniente panel gráfico de operaciones. Obtiene un software de comercio algorítmico de altísima calidad con más de 15.000 líneas de código. Requisitos Guía ProBot de la propuesta de EA El desafío Trading Prop Firms y completar to
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Profalgo Limited
4.56 (32)
Promoción de lanzamiento! ¡Solo quedan unas pocas copias a 449 $! Próximo precio: 599$ Precio final: 999$ Obtenga 1 EA gratis (para 2 cuentas comerciales) -> contácteme después de la compra Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro se une al club de Gold Trading EA, pero
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Anton Kondratev
ROXY EA   Es una       Sistema   de índice de ruptura   totalmente automático   con parámetros de optimización abiertos y   mecanismo de recuperación opcional en tiempo real. Only 2 Copies of 10 Left  for 345 $ Next Price 899 $  Guía ROXY Unirse a un grupo público Señales Reembolso de la comisión Actualizaciones Mi blog Not    Grid        Not    Martingale        Not     AI         Not     Neural Network.    Default Settings for One Index     US30 H1 Cada posición siempre tiene una       SL
Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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Bitcoin Robot MT5
Marzena Maria Szmit
4.43 (40)
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
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Aleksandr Chebotaev
2.6 (30)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Versión MT4: https://www.mql5.com/en/market/product/104871 Monitoreo de rendimiento del desafío HFT MT5 (no para cuentas reales): Corredor: Fusion Market Inicio de sesión: 89600 Contraseña: Greenman89$ Servidor: FusionMarkets-demo Más de 700 reseñas auténticas de 5 estrellas para la versión MT4 lanzada anteriormente: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canal público: https://www.mql5.com/en/channels/hftpropfirmea Versión MT4: https://www.mql5.com/en/market/p
Quantum StarMan
Bogdan Ion Puscasu
4.91 (79)
Hola a todos, permítanme presentarme: Soy   Quantum StarMan,   el miembro más electrizante y fresco de la familia   Quantum EA   . Soy un EA multidivisa totalmente automatizado con el poder de manejar hasta 6 pares dinámicos:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD y USDCAD   . Con la máxima precisión y una responsabilidad inquebrantable, llevaré su juego comercial al siguiente nivel. Aquí está el truco: no confío en las estrategias de Martingala. En lugar de ello, utilizo un sofisticado
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Kyra Nickaline Watson-gordon
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Kyra Nickaline Watson-gordon
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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
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Kyra Nickaline Watson-gordon
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Kyra Nickaline Watson-gordon
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Kyra Nickaline Watson-gordon
3 (1)
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
Loss Recovery 3 MT4
Kyra Nickaline Watson-gordon
3.5 (2)
Loss Recovery 3 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 on Break Even or with determined profit. Trading Strategy: Loss Recover3 EA try to Recover Wrong Positions, by using Averaging method. There are various features on the EA to control risk of the strategy. Using EA : The EA is very simple and without complicated input para
Channels MT4
Kyra Nickaline Watson-gordon
5 (1)
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
Filtro:
ax9912
160
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.

NicolasRJ
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?

Kyra Nickaline Watson-gordon
49771
Respuesta del desarrollador 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.
Samit Rajendra Dar
426
Samit Rajendra Dar 2022.02.17 05:40 
 

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

Kyra Nickaline Watson-gordon
49771
Respuesta del desarrollador Kyra Nickaline Watson-gordon 2022.02.17 08:20
Yes, of course. This is first step of recovery. Please wait.
Respuesta al comentario
Versión 3.0 2024.05.27
Added new selection mode : "Multiple Positions With Defined Tickets"
Versión 2.1 2023.02.13
Closing larger orders first.
Faster Closing of orders.
Versión 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.
Versión 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
Versión 1.5 2022.02.19
- Added Start Recovery option based on Loss Amount
- Added more options to setup TP
Versión 1.4 2021.10.29
Added Max Spread Control.
Versión 1.3 2021.09.18
Added
- commissions and swaps for profit calculation (optional).
- Limit Max Number of orders to control the risk
Versión 1.2 2021.08.11
Updates to make it compatible with the new build of MT5 terminal.
Versión 1.1 2021.03.27
- Added Distance Based on ATR.
- Added Close Charts Option on Recovery Start.