Recovery Manager Pro EA V1.0 MT4 (Works on Build 1421+) | Forex Robot | MT4 Expert Advisor
Recovery Manager Pro EA V1.0 MT4 is a powerful trading tool designed to help traders recover from losses and manage risk effectively. This expert advisor utilizes a smart hedging strategy to open opposing trades when a position moves against you, ensuring balanced exposure to both market directions. With a minimum deposit of just $100, this EA is accessible to traders of all levels. It works best on the MetaTrader 4 platform and performs optimally on M5 to H1 time frames. Supporting major currency pairs like EURUSD, GBPUSD, and USDJPY, it offers flexible risk management and trade recovery solutions.
The Recovery Manager Pro EA V1.0 is an advanced automated trading tool designed specifically for MetaTrader 4 (MT4) users who are looking to manage and recover their trades efficiently. This powerful EA follows a strategic approach to restore your trades and minimize potential losses, making it a perfect choice for traders who want better risk management and recovery from drawdowns.
Overview of Recovery Manager Pro EA V1.0
This EA is designed with a specific strategy to recover losing positions. It detects when a trade is in drawdown and automatically implements recovery techniques. The goal is to bring the trade back to profitability or at least minimize the loss.
- Platform: MT4 (MetaTrader 4)
- Minimum Deposit: $100
- Timeframe: Suitable for M5, M15, and H1
- Currency Pairs: EURUSD, GBPUSD, AUDUSD, USDJPY
- Lot Sizes: Starts from 0.01 lots (can be adjusted depending on account balance)
Key Features of Recovery Manager Pro EA V1.0
- Automatic Recovery: The EA steps in to restore losing trades and minimize risk.
- User-Friendly Interface: Easy to set up with minimal input required from the user.
- Supports Multiple Currency Pairs: The EA performs best on highly liquid pairs like EURUSD, GBPUSD, and USDJPY.
- Flexible Lot Sizing: Allows you to start from low-risk trades with adjustable lot sizes.
- Risk Management: Implements advanced risk management strategies to prevent severe losses.
How Does Recovery Manager Pro EA V1.0 Take Trades?
The Recovery Manager Pro EA V1.0 uses a hedging strategy combined with elements of martingale to manage trades in drawdown situations. The EA is designed to take a proactive approach when a position starts losing, allowing it to hedge the open trades and later recover them by placing strategic orders to counter the drawdown.
Trade Execution Process
The EA first monitors the market for potential entries. Once a trade is placed and starts losing, the Recovery Manager Pro EA V1.0 immediately activates its recovery process:
- Initial Trade Entry:
- The EA follows market trends and places trades based on technical indicators.
- Once a trade is placed, it tracks the position and waits for either profit or a potential loss.
- Drawdown Detection:
- If the trade enters a negative territory, the EA identifies the drawdown level.
- It uses sophisticated algorithms to determine the point at which the recovery process should begin.
- Hedging Activation:
- Instead of closing a losing trade, the EA opens a hedging position in the opposite direction.
- This allows the trade to remain open while compensating for losses by profiting from market fluctuations in the opposite direction.
- It effectively limits the downside risk and provides more time for recovery.
- Martingale Positioning:
- As part of the recovery strategy, the EA increases the lot size of subsequent trades, employing the martingale system.
- This strategy is based on placing larger trades as the market moves against the original position.
- Once the market turns in favor of the larger trade, the increased profit can cover previous losses and even yield net gains.
- Trade Closure:
- The EA evaluates the profitability of both the original and hedged trades.
- It automatically closes both positions when the combined trades reach a certain profit threshold, ensuring that losses are mitigated or fully recovered.
- In case the market remains unfavorable, the EA continuously adjusts the hedging and martingale strategies to provide an optimal exit.
Why Is Hedging Important for Recovery?
Hedging is essential in volatile markets as it prevents the complete closure of a losing trade, allowing traders to hold onto the position while offsetting the loss with profitable positions in the opposite direction. By combining hedging with martingale, the Recovery Manager Pro EA V1.0 maximizes the chances of restoring trades to profitability while maintaining control over the risk level.
Benefits of Using Recovery Manager Pro EA V1.0
- Efficient Trade Recovery: Quickly recovers trades without requiring constant manual intervention.
- Reduced Emotional Impact: Automated decision-making reduces the psychological pressure of manually managing losing trades.
- Scalable: Works well with small accounts (starting from $100) and allows for increased lot sizes for larger accounts.
- Flexible: Adapts to different market conditions, whether trending or ranging.
Recommended Settings
To maximize the performance of the Recovery Manager Pro EA V1.0, we recommend the following settings:
- Minimum Deposit: $100
- Lot Size: Start from 0.01 (adjust based on account balance)
- Timeframe: M5, M15, or H1
- Currency Pairs: EURUSD, GBPUSD, AUDUSD, USDJPY
These settings will ensure that the EA can handle trade recovery efficiently without over-leveraging your account.
Summary of Key Points
- Deposit: Minimum $100, flexible lot sizing starting from 0.01.
- Platform: Designed for MetaTrader 4 (MT4).
- Currency Pairs: EURUSD, GBPUSD, AUDUSD, USDJPY.
- Strategy: The EA uses a combination of hedging and martingale to recover trades, mitigating losses by opening counter-trades and gradually increasing lot sizes for quicker recovery.
- Timeframe: Best suited for M5, M15, and H1.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
What’s in the package?
Experts:
- Recovery Manager Pro v1 MT4.ex4
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The EAs sold on our channel are not created by us.
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