The Expert Advisor is a method built to revive unprofitable positions.
simple setup, delayed launching in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool.
The automatic calculation system permits you to prepare settings in a few clicks. the use of closing losses in parts permits you to reduce losses with a smaller deposit load, that offers a more secure operation with losses, unlike grid plans that close orders only in entire groups
directions for working with the Expert Advisor – https://www.mql5.com/ru/blogs/post/735029
directions for working with the Expert Advisor – https://www.mql5.com/ru/blogs/post/735029
- It is suitable for processing both a small number of orders and large grids of unprofitable orders
- Simple configuration system with the most powerful functionality
- It can be used to recover losses from individual Expert Advisors, and automatically start recovery when a certain loss is reached
- The recovery is a losing position for the parts for less of a Deposit
- Advanced trend filtering algorithm
- Powerful combination of locking and partial closing of the loss
- A large number of built-in security features
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Step 1: Set up the pitch and volumes
- Let the Expert Advisor set up the step between orders and volumes using the panel
- Check the step for averaging orders
- Check the ratio between averaging and closing and their volumes
Step 2: Configure additional features
- Select a period for the trend filter(If used)
- Select a multiplier for averaging orders
- Select The Trailing Stop-Start
Step 3: Disable other Expert Advisors
- Disable other Expert Advisors that work with these orders
- Or let AW Recovery disable these Expert Advisors itself
- Or work without locking
Test your drawdown before launching, you can do this using the “Visualization” mode in the strategy tester. The Expert Advisor will open orders only if there is an open losing position to restore.
When you run the strategy tester, the EA will open a random order for subsequent recovery.
Test your drawdown before launching, you can do this using the “Visualization” mode in the strategy tester. The Expert Advisor will open orders only if there is an open losing position to restore.
When you run the strategy tester, the EA will open a random order for subsequent recovery.
- Type of the launch-Variable that determines the type of launch of the Expert Advisor
- Drawdown in money to start – The amount of drawdown in money after which the EA will start recovery
- First ticket for recovery(0-not used) – Order ticket, which will be treated in the first place
- Work with selected MagicNumber-Restore orders of the selected MagicNumber
- Magic for recovery (if used) – Magic number for a losing position
- Disable another eas at launch-Module for disabling other Expert Advisors
- Use locking-Enable automatic locking
- Allowed types of average orders – Allowed types of averaging orders that the EA will open
- Trend filtering for average orders-This variable regulates the trend filters of the Expert Advisor
- Volume of average order – Size of averaging orders
- Multiplier to volume-Multiplier for restoring orders
- Step for average – The step between averaging orders. Variable that regulates the minimum step between restoring orders
- Multiplier to step – Multiplier for the step of restoring orders.
- Part to close from a loss-making position – The part of the loss that will be closed from orders of each type when the position is partially closed.
- TakeProfit in money for partial close – TP in money for the current group of orders. The profit from restoring orders is used, as well as the loss, which is part of the “Part to close from a loss-making position” volume of lots from each type of orders from a losing position
- Maximum slippage in points – Maximum allowed slippage in points for opening and closing orders
- Maximum volume of average order – Maximum volume for one averaging order
- Maximum number of average orders – Maximum allowed number of averaging orders of the same type
- MagicNumber of average orders (Should be unique) – The main identifier for averaging orders of the Expert Advisor
- Font size – the size of the font in the panel
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