This Expert Advisor can be used for manual trading as a background Expert Advisor, or combined with another Expert Advisor to open deals. Loss Recovery Trading is an option for managing unprofitable positions instead of using a stop loss, setting a recovery zone and target levels for exiting a sequence of steps.

If the price moves in the opposite direction from the first position by a certain number of points of loss, the Expert Advisor will open an oppositely directed position with a large estimated lot size, and will also hold the first position. If the price reaches the target level (uptrend or downtrend), the Expert Advisor will close all positions on the symbol. If the price does not reach the target level, the Expert Advisor will open the next step in the sequence. Thus, using this Expert Advisor in the background, you will have an input and two outputs (up or down does not matter).

• Maximum recovery of losses by 5 characters
• Manual opening of transactions
• Hidden and visible Stop Loss and Take Profit (SLTP)
• The function of withdrawing positions to breakeven is provided
• The function of pulling up the Stop Loss for the price (Trailing Stop) is provided.
• Intelligent mode for safe use of parameters
• Easy setup

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• EA Mode: select the mode of using parameters
• Max Number Of Different Symbols For Trading: the maximum number of symbols that the Expert Advisor should manage
• Open Orders By: select the mode for opening orders, manual is recommended
• Hidden / Show Stop Loss and Take Profit: select the mode of using hidden/visible stop loss and take profit (SLTP), or disable them
• Comment Display Mode: the mode for displaying comments on the chart
• Max Similar Symbols: the maximum number of symbols of similar currencies for trading, 1 is recommended
• Use Auto Close Open Similar Symbols: when using this function, the Expert Advisor will automatically detect similar symbols in an open position for closing
• Lot Size Calculate Mode: selecting the mode for calculating the lot size: automatic (Auto Lot Size) or fixed (Fixed Lot Size)
• Fixed Lot Size: the value of the fixed lot size for opening deals
• Min Account Balance To Start Auto Lot Size: the minimum account balance to start the automatic calculation of the lot size
• Auto Lot Size Ratio Per Balance of $10.000 (<=0.5): the lot size multiplier for calculating the lot size for transactions, based on the account balance, is recommended from 0.01 – 0.1
• Stop Loss (in points): stop loss in points
• Take Profit (in points): take profit in points
• Loss Handle Strategy: select a mode for managing unprofitable trades: stop loss and trailing or loss recovery (recommended)
• Zone Recovery Area Size (in point): the size of the recovery zone for opening positions that are opposite to the trend
• Target Profit (in point): target level for closing all positions
• Max Turn Rounds (<=50): the maximum number of steps in the loss recovery mode, less than 15 is recommended
• Use Reverse Loss Recovery Function: if the maximum number of steps is reached, the Expert Advisor will close the last position instead of opening new steps
• Anti-Trend Turn (2,4,6,…) Keeping Lot Size ( % ): the percentage of the initial lot size to be opened by the Expert Advisor when using the loss recovery function, 10 is recommended%
• Follow-Trend Turn 3 Keeping Lot Size (%): the percentage of holding the initial lot size for opening by the Expert Advisor when using the loss recovery function for step #3, 100 is recommended%
• Follow-Trend Turn 5 Keeping Lot Size (%): the percentage of holding the initial lot size for opening by the Expert Advisor when using the loss recovery function for step #3, 100 is recommended%
• Follow-Trend Turn 7 Keeping Lot Size (%): the percentage of holding the initial lot size for opening by the Expert Advisor when using the loss recovery function for step #3, 100 is recommended%
• Follow-Trend Turn (9,11,13,…, 49) Keeping Lot Size ( % ): the percentage of holding the initial lot size for opening by the Expert Advisor when using the loss recovery function for step #3, 20 is recommended%
• Use Trailing Stop: select the mode of using the trailing stop
• Min Profit To Start Trailing Stop (in point): minimum profit in points for activating the trailing function
• Trailing Points: the trailing level in points (distance from the current price)
• Trailing Step (in point): trailing stop step
• Use Break Even: the mode of using the breakeven transfer function
• Break Even Type: select the type of transfer to breakeven, stop loss at the breakeven level or trailing at the breakeven level
• Close Break Even By: select the units of measurement to calculate the breakeven, percentage or amount
• Min Break Even Profit (>0) (in amount): the amount to activate the breakeven function
• Break Even Distance (in amount): the distance from the minimum profit to the pullback price for closing all trades

• A broker with a low spread
• The swap should be taken into account

Have a good trade!

Tony D. Pham (Tony D. Pham).

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