Auto Recovery EA – Forex Expert Advisor

RobotFX Auto Recovery is a Metatrader expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is one of the trade management part of the RobotFX Fluid EA, with less features (basically the HedgeZone). A very simple but effective way to hedge a losing trade so it will close in profit, at least at break-even. The automatic loss recovery algorithm used by this MT4 recovery zone EA is far better than using a stoploss and incomparable to a martingale trading strategy. This MT4 EA has been inspired by Joseph Nemeth's "zone recovery" trading strategy.

MetaTrader hedging expert advisor that can hedge an opened trade, therefore:

• prevent losses by placing a hedge order rather than a StopLoss
• close opposite orders at profit BreakEven (or any other amount)
• terminate losing trades and trail the winning trades on the chart

RobotFX Auto Recovery is a Metatrader 5 / Metatrader 4 expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is one of the trade management part of the RobotFX Fluid EA, with less features (basically the HedgeZone). A very simple but effective way to hedge a losing trade so it will close in profit, at least at break-even. The automatic loss recovery algorithm used by this MT4 recovery zone EA is far better than using a stoploss and incomparable to a martingale trading strategy. This MT4 EA has been inspired by Joseph Nemeth’s “zone recovery” trading strategy.

Auto Recovery is a Metatrader 5 and Metatrader 4 hedging expert advisor that can hedge an opened trade, therefore preventing any possible losses. The EA uses a strategy known as zone recovery, automatic loss recovery or recovery zone and may be able to recover the losses from a previous negative trade and it is compatible with both MT4 and MT5.

Technically, the Auto Recovery EA places an opposite pending order at the Recovery Zone distance (pips) from the opening price, using a higher lot size. Compared to the classic stoploss which, when hit, leads to a loss, the automatic zone recovery takes a different approach to protect the loss recovery trader’s equity. If the price doesn’t go in favor – and so Take Profit is not reached to close the trade – but instead reverses and hits the pending order, that pending order becomes an active hedging order of a higher lotsize. At the same time, the expert will open another hedge order, at the same zone recovery level and same kind (buy/sell) with the first one, but trading a higher lot size. Some forex traders call this advanced zone recovery (ALR, the area between the opposite trades).

The pending (hedging) orders’ lot size is calculated so that the profit will always increase (if the price hits them and continues further).