WE HAVE DISABLED THE ADD TO CART BUTTON, BECAUSE THIS EXPERT ADVISOR IS NO LONGER WORKING, PLEASE SEARCH FOR ( TESTED ON 1420 ) IN THE MENU, THOSE ARE THE ONLY EAS CURRENTLY WORKING FOR MT4. ANYWAY WE ARE WORKING TO RECOMPILE AND MAKE THEM WORK AGAIN SOON.
The Expert Advisor is a system designed to recover unprofitable positions. The author’s algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch 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.
It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures safer work with losses, in contrast to grid strategies that close orders only in whole groups.
How orders are restored:
The EA closes other windows of the selected instrument to turn off unprofitable EAs (optional).
The EA resets TakeProfit and StopLoss levels for all processed orders and deletes pending orders with corresponding identifiers.
The EA closes all processed profitable orders in order to use their profit to cover part of unprofitable orders and reduce the total position volume (optional).
The EA locks a losing position by opening a locking order.
Then, by opening restoring orders, it starts to reduce the loss by partially closing unprofitable orders.
When partially closed, the algorithm restores, first of all, the orders that are located the least successfully, or the unprofitable orders that are closest to profitability. Each of the unprofitable orders is divided into many parts, each of which the adviser closes separately. Restoring orders are opened with a small volume, so as not to greatly increase the load on the deposit
Advantages:
AW Recovery can accompany other advisors and turn them off at the right time
The EA automatically locks the position, resets TP and SL levels and deletes pending orders
Restores a losing position in parts, allowing you to work with a lower deposit load
Can be used to recover the loss of individual Expert Advisors or work on the current symbol
The robot combines functionality with simple and flexible settings for each specific situation.
Built-in many protective functions, trend filtering, overlapping, etc. for risk management
How to trade with an advisor:
Step 1: Adjust the pitch and volumes
Adjust the volume of the first averaging order
Adjust the step for averaging orders
Adjust the ratio between averaging and closing and their volumes
Step 2: Set up additional features
Select period for trend filter(If used)
Choose a multiplier for averaging orders
Select Take Profit to close parts of a losing position with a specified profit
Step 3: Disable Other Expert Advisors
Disable other Expert Advisors working with these orders
Or let AW Recovery disable these Expert Advisors
Or work without locking
Testing:
When you start the strategy tester, the adviser opens one demo position, then for testing, use the buttons to open orders on the adviser panel.
Test your drawdown before launching, you can do this using the “Visualization” mode in the strategy tester.
For testing purposes, enter the amount of the deposit as used on the account to be recovered. Select the launch mode and enter the amount of drawdown that you want to recover. After starting testing, use the Expert Advisor panel to open the volume of positions equal to the specified drawdown. When the specified volume is reached, the EA will start working.
In this way, you will be able to simulate the recovery of your current situation over a historical period of time.
Note:
The EA is not multi-currency and works only on the pair it is installed on. To work on multiple tools, attach AW Recovery to each tool separately.
In order for the adviser to leave the standby mode and start working, it is necessary to have a losing position on the current symbol.
Brand
EA MT4
Refund
Refund and Replacement Policy
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2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.
3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.
4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.
5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.
6. Refund Process: If a refund is approved due to a verified product defect, we will process it using the original payment method. Refunds may take 1-3 days to reflect in your account.
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great Bot for recovery, recommended