Trading libraries for MetaTrader 4

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MetaTrader 4

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Recover PRO

recover-pro-logo-200x200-9238
299 $224 $

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Information

Experts
MetaTrader 5
Nkululeko Bongokuhle Maseko
1.0
10

Overview

The Recover PRO is an advanced trend and recovery system. It is designed to attempt recovery of losing trades. Each recovery attempt aims to results in break-even or small profits and these levels can be adjusted by the user. The user has a lot of control over what the EA does. These are the features that comes with the EA:

Features:

  • The EA can run on multiple charts and will open trades for the attached symbol.
  • The EA opens trades on strong trends and recovers any losing trade while maintaining low DD (depending on user settings)
  • Auto lot sizing control - System will adjust new lot sizes as balance increases. This setting compounds the returns over time.
  • New series open control - User can decide whether the system should open a new series of trades once any ongoing trades have closed. This is useful if the EA is running on multiple charts and the user wants to stop opening trades on one of them. 
  • New series open equity level - User can specify if the system can open a new series of trades on an attached chart based on what equity is available. This is useful if the symbol is recovering and the equity is below the desired level, the system will not open any other symbol trades until equity normalizes. 
  • Trading times control - User can control at which hours is the system allowed to open new orders.
  • Account Information Graphic - This graphic displays the most relevant account information updated on every tick.
  • The EA uses the daily Average True Range value to dynamically change the grid size. This ensures that the system adjusts to any changes in market conditions (high vs low volatility).


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Recommendations:

  • Use on EURUSD only (M5 or M15)
  • Broker that allows scalping and Hedging. 
  • Good brokerage conditions are recommended (low spreads and slippage).
  • EA should run on a Virtual Private Server (VPS) continuously.
  • $1000 account minimum (mini account -$100 and micro account - $10), auto lot account start needs to be adjusted accordingly.

Input Parameters:

  • GridSizeMultiplier - Size of grid relative to Daily ATR Value
  • LotSizeStart - Size of first lost size
  • LotSizeMultiplier - Multipies lot size on new trade
  • Target - Profit percentage to close all trades during recovery
  • MaxTrades - Max trades to leave open for take profit
  • RecoveryLot Multiplier - Multiplies lot size on new trade
  • Auto Lot Size - Changes lot size on new balance
  • Account size start - Used for calculating auto lot size
  • Open new series equity level - New series open if equity is above this level
  • Open new series - Opens new series after recovery if set to true
  • MACD Fast EMA Period
  • MACD Slow EMA Period
  • MACD SMA Period
  • Trading start hour (0 - 23)
  • Trading start minute (0 - 59)
  • Trading end hour (0 - 23)
  • Trading end minute (0 - 59)
  • Info graphic color
  • Display graphic



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30-Day Money Back Guarantee

If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.
Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.
Refund requests received more than 30 days after purchase will be rejected.

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