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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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Vu Trung Kien
4.57 (14)
Utilità
Trade Copier Pro is a tool to copy trade remotely to MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive t
Mentfx Mmanage
Anton Jere Calmes
5 (12)
Utilità
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
PZ Latency Arbitrage EA MT4
PZ TRADING SLU
1.5 (2)
Utilità
Trade like a time traveler thanks to latency arbitrage Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into
Live Bot Maker
Nabeel Zafar
5 (3)
Utilità
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
JanosikFX Scalping Trade Panel
ROBERT URBANSKI
5 (1)
Utilità
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
Utilità
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
Utilità
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
Altri dall’autore
MWRecovery MT5
Mehdi Safar
Utilità
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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