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Recover Trader can RECOVER either MANUAL or AUTO trades from other EAs.

There are THREE OPTIONS FOR RECOVERY:

1.

Automatic.The EA will start open trades ,AFTER a specific Drawdown,based on ADX and lower lows or higher highs and will search for partial closing of initial trades that have created a drawdown.

2.

Manual Recovery.There is a trading PANEL from which you can OPEN TRADES AT the levels you wish and the EA will start recover the initial trades that have created a drawdown.The only you have to do,is to activate the manual recovery,from the chart’s panel.

3.

You can Mix BOTH OPTIONS.

Recommendations:

  • TF ANY
  • DIFFERENT magic numbers to different charts.

Inputs:

  • Drawdown in Money to Activate Recovery:Set the drawdown in money to start the EA recover the trades.(This is only needed if you use the AUTO OPTION,not the manual option.)
  • LotsInit Panel:The Lot size of the trading Panel
  • Lot Size for Testing Drawdown:This input is ONLY NEEDED for testing the EA.Set the lot size you want to TEST the EA recovers.
  • Lot Size for Auto Recovery:The starting lot for the auto recovery trades.
  • Multiplier for Auto Recovery:Multiplier for auto recovery trades.
  • Max Lot for Auto:Maximum lot size for the recovery trades.
    • Number of Buys:The maximum number of buys.
    • Number of Sells:The maximum number of sells.
    • Distance between Trades:The minimum distance in pips between trades.

    • Pips for Bottom in Trend:How many pips the price will drop before previous High,before the EA opens a recovery buy.
    • Pips for Top in Trend:How many pips the price will climb before previous low.before the EA opens a recovery sell.
    • Overlap:This input must be 0 in order the EA to overlap .(Closing winning positions with one losable)
    • Min Average Profit in Pips:The minimum profit in Pips when the total positions are in profit and not in Drawdown.

    [spoiler title=”Read More…”]

    • LotsInit Panel:The Lot size of the trading Panel
    • Lot Size for Testing Drawdown:This input is ONLY NEEDED for testing the EA.Set the lot size you want to TEST the EA recovers.
    • Lot Size for Auto Recovery:The starting lot for the auto recovery trades.
    • Multiplier for Auto Recovery:Multiplier for auto recovery trades.
    • Max Lot for Auto:Maximum lot size for the recovery trades.
      • Number of Buys:The maximum number of buys.
      • Number of Sells:The maximum number of sells.
      • Distance between Trades:The minimum distance in pips between trades.

      • Pips for Bottom in Trend:How many pips the price will drop before previous High,before the EA opens a recovery buy.
      • Pips for Top in Trend:How many pips the price will climb before previous low.before the EA opens a recovery sell.
      • Overlap:This input must be 0 in order the EA to overlap .(Closing winning positions with one losable)
      • Min Average Profit in Pips:The minimum profit in Pips when the total positions are in profit and not in Drawdown.

      HOW TO TEST THE EA IN STRATEGY TESTER:

      HOW TO TEST THE EA IN STRATEGY TESTER:

      1.set the lotsize you want to recover at input: Lot Size for Testing Drawdown:This input is ONLY NEEDED for testing the EA.Set the lot size you want to TEST the EA recovers.

      1.set the lotsize you want to recover at input: Lot Size for Testing Drawdown:This input is ONLY NEEDED for testing the EA.Set the lot size you want to TEST the EA recovers.

      1.set the lotsize you want to recover at input: Lot Size for Testing Drawdown:This input is ONLY NEEDED for testing the EA.Set the lot size you want to TEST the EA recovers.

      1.set the lotsize you want to recover at input: Lot Size for Testing Drawdown:This input is ONLY NEEDED for testing the EA.Set the lot size you want to TEST the EA recovers.
      2.then,set the STARTING lotsize of the recovery trades.

      2.then,set the STARTING lotsize of the recovery trades.

      2.then,set the STARTING lotsize of the recovery trades.

      Lot Size for Auto Recovery:The starting lot for the auto recovery trades.

      Lot Size for Auto Recovery:The starting lot for the auto recovery trades.

      Lot Size for Auto Recovery:The starting lot for the auto recovery trades.

      Lot Size for Auto Recovery:The starting lot for the auto recovery trades.

      3.and last,set the drawdown you want the chart to be,before the recovery process

      3.and last,set the drawdown you want the chart to be,before the recovery process

      3.and last,set the drawdown you want the chart to be,before the recovery process

      Drawdown in Money to Activate Recovery:Set the drawdown in money to start the EA recover the trades.(This is only needed if you use the AUTO OPTION,not the manual option.)

      Drawdown in Money to Activate Recovery:Set the drawdown in money to start the EA recover the trades.(This is only needed if you use the AUTO OPTION,not the manual option.)

      Drawdown in Money to Activate Recovery:Set the drawdown in money to start the EA recover the trades.(This is only needed if you use the AUTO OPTION,not the manual option.)

      Drawdown in Money to Activate Recovery:Set the drawdown in money to start the EA recover the trades.(This is only needed if you use the AUTO OPTION,not the manual option.)

      4.now,run the EA at visualization. Better in control point for FASTER EXECUTION

      ⭐ IMPORTANT TO KNOW: IN TESTING MODE,THE EA Will keep opening recovery orders and recovering.It will not stop.In REAL,After,recovering,it will not open again the first order,it will wait for new orders by the USER.

      4.now,run the EA at visualization. Better in control point for FASTER EXECUTION

      ⭐ IMPORTANT TO KNOW: IN TESTING MODE,THE EA Will keep opening recovery orders and recovering.It will not stop.In REAL,After,recovering,it will not open again the first order,it will wait for new orders by the USER.

      4.now,run the EA at visualization. Better in control point for FASTER EXECUTION

      ⭐ IMPORTANT TO KNOW: IN TESTING MODE,THE EA Will keep opening recovery orders and recovering.It will not stop.In REAL,After,recovering,it will not open again the first order,it will wait for new orders by the USER.

      4.now,run the EA at visualization. Better in control point for FASTER EXECUTION

      4.now,run the EA at visualization. Better in control point for FASTER EXECUTION

      ⭐ IMPORTANT TO KNOW: IN TESTING MODE,THE EA Will keep opening recovery orders and recovering.It will not stop.In REAL,After,recovering,it will not open again the first order,it will wait for new orders by the USER.

      [/spoiler]

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