AW Recovery EA MT4: Your Ultimate Trading Companion
The AW Recovery EA V3.3 emerges as a beacon of innovation and stability. This groundbreaking Expert Advisor is not just a tool; it’s a paradigm shift, meticulously engineered to navigate the tempestuous waters of the forex market with unparalleled precision and resilience.
Minimum Deposit: $100 (Recommended: $500)
Time Frame: M5-H1
Platform: MetaTrader 4 (MT4)
Lot Sizes: Flexible, based on account balance and risk preference
Currency Pairs: XAUUSD, GBPUSD, EURUSD
How AW Recovery EA Restores Orders
- Close Unprofitable EAs: The EA closes other windows of the selected instrument to turn off unprofitable EAs (optional).
- Reset TP and SL Levels: It resets TakeProfit and StopLoss levels for all processed orders and deletes pending orders with corresponding identifiers.
- Close Profitable Orders: The EA closes all processed profitable orders to use their profit to cover part of unprofitable orders and reduce the total position volume (optional).
- Lock Losing Positions: It locks a losing position by opening a locking order.
- Open Restoring Orders: By opening restoring orders, it starts to reduce the loss by partially closing unprofitable orders.
- Partial Closure and Restoration: The algorithm restores orders that are least successful or closest to profitability. Each unprofitable order is divided into many parts, each closed separately. Restoring orders are opened with a small volume to avoid increasing the deposit load significantly.
Advantages of AW Recovery EA
- Companion for Other Advisors: Can accompany other advisors and turn them off at the right time.
- Automatic Position Management: Automatically locks positions, resets TP and SL levels, and deletes pending orders.
- Lower Deposit Load: Restores losing positions in parts, allowing you to work with a lower deposit load.
- Versatile Usage: Can be used to recover the loss of individual Expert Advisors or work on the current symbol.
- Flexible Settings: Combines functionality with simple and flexible settings for each specific situation.
- Risk Management: Built-in protective functions, trend filtering, overlapping, etc., for effective risk management.
Strategy Overview
The AW Recovery EA employs a sophisticated recovery strategy to manage and mitigate losses. By locking losing positions and gradually restoring them through partial closures, it ensures a balanced approach to risk management. This method allows traders to recover from drawdowns effectively while maintaining a lower deposit load.
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