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

If the price moves in the opposite direction from the first position by a certain number of points of loss, the adviser 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 EA will close all positions on the symbol. If the price does not reach the target level, the EA 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 symbols
• 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 of safe use of parameters
• Simple setup

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• EA Mode: selecting 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: selecting 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: select 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: minimum account balance to start automatic lot size calculation
• Auto Lot Size Ratio Per Balance of $10.000 (<=0.5): lot size multiplier for calculating the lot size for trades based on the account balance, 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: Selecting 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 opposite to the trend
• Target Profit (in point): target level for closing all positions
• Max Turn Rounds (<=50): maximum number of steps in loss recovery mode, recommended less than 15
• Use Reverse Loss Recovery Function: If the maximum number of steps is reached, the EA will close the last position instead of opening new steps
• Anti-Trend Turn (2,4,6,…) Keeping Lot Size (%): 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 (%): Percentage of keeping the initial lot size to be opened by the Expert Advisor when using the loss recovery function for step #3, 100 is recommended%
• Follow-Trend Turn 5 Keeping Lot Size (%): Percentage of keeping 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 (%): Percentage of keeping 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 (%): percentage of keeping 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 to activate 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: mode of using the breakeven transfer function
• Break Even Type: select the type of transfer to breakeven, stop loss at breakeven level or trailing breakeven level
• Close Break Even By: selecting units of measurement to calculate breakeven, percentage or amount
• Min Break Even Profit (>0) (in amount):> amount to activate the breakeven function
• Break Even Distance (in amount): the distance from the minimum profit to the rollback price to close all trades

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

Have a good trade!

Tony D. Pham.

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