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Loss Recovery Trading Robot

5

This is an Expert Adviser use for manual trading as a background EA or combine with external EA to open orders. Loss Recovery Trading is one of your options to handle the lose positions instead of using stop loss by setting a zone recovery area and target to exit the turn rounds sequence.


How It Work?

If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first position. If the market hit the target (up trend or down trend) the EA will close all positions of that symbol. If the market does not hit the target price, the EA will open other turns in the sequence. So, using this EA as a background you will have one way in and two ways out (up or down is does not matter).


Advantage

  • Max loss recovery for 5 symbols
  • Manual open trade
  • Hidden and Show Stop Loss and Take Profit (SLTP)
  • Break even function include
  • Trailing stop function include
  • Smart Input Safe Mode
  • Easy setup


Parameters

  • Close by: select close all for account profit hit or single symbol profit hit;
  • Account Profit % to close all: input your target profit (%) of your floating profit to close all positions;
  • Account Loss % to close all: input your loss (%) of your floating profit to close all positions;
  • Recovery Zone (in point): input your range to open recovery position in the opposite direction,  please refer to the screen shot to understand the principle; ;
  • Target To Close All (in point): input your target range to out with profit, please refer to the screen shot to understand the principle;
  • Max turn rounds: input your maximal turns that allow EA to open the opposite positions


Recommendation

  • Low spread broker
  • Swap is need to concern

Happy Trading!

Tony D. Pham,

Comentarios 2
Ruengrit Loondecha
3882
Ruengrit Loondecha 2022.09.03 04:26 
 

After improving and sort out configurations, so easy to understand and good covering uitility that i loving so much.

yong2015
96
yong2015 2017.06.20 09:51 
 

Good utility and easy to use when attached to only one currency pairs, you can control all pairs being traded. However, you shall understand more about the setting whether it can fit with your trade strategy or EA. The author is very patient to explain and give generous support.

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The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Take a Break
Eric Emmrich
5 (29)
The most advanced news filter on MQL market - free demo available Take a Break has transformed from a basic news filter into a comprehensive account protection solution. It seamlessly pauses any other Expert Advisors during news events or based on your custom filters, all while safeguarding your EA settings - restoring them automatically when trading resumes for complete peace of mind. Typical use cases: A single news filter for all your EAs. Stop trading during news/high volatility (+ close all
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overrid
RedFox Copier Pro
Rui Manh Tien
4.73 (11)
Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4 platforms. Users not only can follow all instructions from the signa
******************************* ***************** ********************** ***************** ********************** ************************* GoldMine Train es un EA de estrategia de trading de tendencias para oro. El operador determina la dirección de la tendencia principal y ordena al Train que avance. El Train comprará/venderá continuamente en la dirección. El volumen del lote dependerá del saldo de la cuenta y del índice de apalancamiento preestablecido. Cuando el operador cambia la direc
Trade Copier Global
Laszlo Tormasi
5 (15)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
The News Filter
Leolouiski Gan
5 (25)
Este producto filtra todos los asesores expertos y los gráficos manuales durante el tiempo de noticias, por lo que no tendrás que preocuparte por los repentinos picos de precios que podrían destruir tus configuraciones de negociación manuales o las operaciones realizadas por otros asesores expertos. Este producto también viene con un sistema completo de gestión de órdenes que puede manejar tus posiciones abiertas y órdenes pendientes antes del lanzamiento de cualquier noticia. Una vez que compre
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatibility - Works with almost all signal formats Multi-Channel & Multi-MT4 Support - Copy signals from multiple Telegram chan
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.75 (20)
Herramienta multifuncional con más de 65 funciones, incluidas: Calculadora de lotaje, Acción del precio, Calculo RR, Gestor de posiciones, Zonas de Oferta y Demanda Versión demo   |   Manual de usuario   |   MT5 La utilidad no funciona en el probador de estrategias: puede descargar la Versión Demo AQUÍ para probar el producto. Pongase en contacto conmigo para cualquier pregunta / ideas para mejorar / en caso de encontrar un problema Simplifica, acelera y automatiza su operativa de trading. Aume
Otros productos de este autor
This is a full automated Multi-Currency Trading System based on price action analysis, algorithm and logic functions to find out what the STRONGEST currency is and what the WEAKEST currency is, then pairing and focus on that symbol pair to trade. It is combined with Breakout Trading Strategy and Loss Recovery Trading Function instead of Stop Loss. This Expert Adviser can also give traders the overview about the whole currency market in specific time frame series and traders can make their own de
This is an Expert Adviser use for manual trading as a background EA or combine with external EA to open orders. Loss Recovery Trading is one of your options to handle the lose positions instead of using stop loss by setting a zone recovery area and target to exit the turn rounds sequence. How It Work? If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first
FREE
Dear valued clients, Have a good day! This application will support you to manage the risk of your account according to your settings such as automated set the stop loss, take profit, automated close the position of total loss or profit greater than the preset input. You also can set your target equity, it will close all positions when it meet the desired target. The followings are the input parameters: Equity Target To Close and Delete All Orders ($) Equity Limit To Protect (Close All) Appl
Filtro:
Ruengrit Loondecha
3882
Ruengrit Loondecha 2022.09.03 04:26 
 

After improving and sort out configurations, so easy to understand and good covering uitility that i loving so much.

yong2015
96
yong2015 2017.06.20 09:51 
 

Good utility and easy to use when attached to only one currency pairs, you can control all pairs being traded. However, you shall understand more about the setting whether it can fit with your trade strategy or EA. The author is very patient to explain and give generous support.

Respuesta al comentario
Versión 1.7 2022.10.04
- Updated close by symbol hit profit or by account hit profit;
Versión 1.6 2022.09.30
- Upgrade close all function
Versión 1.5 2022.09.01
- Discarded the auto-delete SL and TP price
- Improved "earning points" which skip the pending orders
Versión 1.4 2022.07.23
- Simplify input
- Improved close all
- removed the auto delete pending same symbol
Versión 1.3 2022.07.01
- Update preset
- Close all positions when account P/L hit the target in percentage
Versión 1.2 2022.06.28
- Compiled with the new update of MLQ4
Versión 1.1 2016.07.27
- Updated preset
- Updated Reverse Loss Recovery Function: Close positions one by one until out of the sequence.