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AW Recovery EA

4.29

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:

1 The EA closes other windows of the selected instrument to turn off unprofitable EAs (optional).

2 The EA resets TakeProfit and StopLoss levels for all processed orders and deletes pending orders with corresponding identifiers.

3 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).

4 The EA locks a losing position by opening a locking order.

5 Then, by opening restoring orders, it starts to reduce the loss by partially closing unprofitable orders.

6 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

    A complete list of input settings with comments, instructions for setting up and testing -> HERE  MT5 version -> HERE

    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.


          Reviews 20
          Wells Velasquez Maciel
          703
          Wells Velasquez Maciel 2024.01.31 13:33 
           

          Thanks for the amazing product and for the support. I highly recommend all user to check the manual and run the EA on backtest(visual mode) to better understand how it works. -- https://www.mql5.com/en/blogs/post/749585 -- https://www.mql5.com/en/blogs/post/749512 -- https://www.mql5.com/en/blogs/post/750270 -- The EA is really good but each user has the responsibility to read the manual before using it. This will take your trading routine to the next level - 5 stars

          defcore
          19
          defcore 2023.12.03 12:20 
           

          Is a really good tool, however you need to do your homework and make your own setup according to your strategy and have an eye in trend markets, leverage and lot size, I was using it in demo for about a year and now I use it in Real and is going great for me.

          Usman Khan
          164
          Usman Khan 2023.11.04 07:49 
           

          Can you use this as a normal EA and not just for recovery?

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          AW Trading Software Limited
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          AW Trading Software Limited
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          AW Trading Software Limited
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          Filter:
          Wells Velasquez Maciel
          703
          Wells Velasquez Maciel 2024.01.31 13:33 
           

          Thanks for the amazing product and for the support. I highly recommend all user to check the manual and run the EA on backtest(visual mode) to better understand how it works. -- https://www.mql5.com/en/blogs/post/749585 -- https://www.mql5.com/en/blogs/post/749512 -- https://www.mql5.com/en/blogs/post/750270 -- The EA is really good but each user has the responsibility to read the manual before using it. This will take your trading routine to the next level - 5 stars

          Mr Thadanai Chulasamaya
          2056
          Mr Thadanai Chulasamaya 2024.01.08 13:26 
           

          The table chart on the left disappeared only the text name of the ea on the top right is still on the chart. I reopened MT4 and dragged the ea to the chart many times but still disappeared. Please help. (The EA worked very well before I restarted the MT4.)

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2024.02.15 22:39
          Hello. I have replied to you by private message. I hope it will be helpful. Regards
          defcore
          19
          defcore 2023.12.03 12:20 
           

          Is a really good tool, however you need to do your homework and make your own setup according to your strategy and have an eye in trend markets, leverage and lot size, I was using it in demo for about a year and now I use it in Real and is going great for me.

          Usman Khan
          164
          Usman Khan 2023.11.04 07:49 
           

          Can you use this as a normal EA and not just for recovery?

          ALPHAYIYI
          109
          ALPHAYIYI 2023.10.14 16:45 
           

          Trades against the trend

          Francesco Fadel
          65
          Francesco Fadel 2023.07.10 19:32 
           

          Before purchasing this software, I downloaded the demo version and carefully analyzed the logic of its functioning and all the parameters for a long time to understand exactly what each setting was for. Then, I looked for the worst-case scenario on the chart and spent hours figuring out how the software could come out as a winner by modifying each parameter and observing how the program solved the problem. I did this for every currency pair and timeframe that I work with, and now this software is guarding every active chart I have on the platform. I even created a challenging situation on a demo account and I am monitoring how the software operates, and at the moment, it works wonders. I like how the programmer works and the logic he applies in his software, which is why I have purchased other products from him as well.

          Ren Cheng Yao
          304
          Ren Cheng Yao 2023.06.17 09:10 
           

          If the AW recovery plan could add "AW trend prediction EA" or AW breakthrough capture EA, it might be better. The current version of this program is not sufficient (risk control module, intelligent identification module) and may require some updates as the use of AW for recovery has recently caused significant losses. Fund: $80000 Account=$15000, another parameter: Fund: 18000 Current loss+7000 (floating loss). Our team may respond that AW's resumption of EA requires some upgrades and should be temporarily suspended until the upgrade is completed

          fxpat
          510
          fxpat 2023.06.12 10:30 
           

          one day blow the account.... martingale merge...

          知久広幸
          53
          知久広幸 2023.06.09 10:26 
           

          I bought AWRecovery the other day. Currently, I am trading two stocks, EURUSD and GBPUSD, and have a loss of -535USD. I am using this AW Recovery, but the loss is not reduced. Doesn't the Default setting actively reduce losses? Please give me some advice.

          Nguyen Bao Nguyen
          365
          Nguyen Bao Nguyen 2023.06.06 05:46 
           

          Unfortunately, this EA control order created by another EA. I bought this EA but i just want this EA control which order created by this EA only (I click Buy/ Sell in the EA pannel) . Author please chat and advise me , thank you very much.

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2023.06.11 17:59
          Hello. AW Recovery is designed to recover losing positions, not to work independently. The EA can recover your manual positions or unprofitable positions opened by other EAs.Best regards
          Oleg Shishkov
          50
          Oleg Shishkov 2023.05.12 12:12 
           

          I would like to share my opinion about a trading tool that helped me make my trading safer. This tool is called AW Recovery EA and I just love how it works. At the beginning, it took me a little time to figure out some of the features. But as soon as I let it work, I was able to start sleeping at night again. He is really quick to resolve issues and let me go about my business while he looks after my trades. I have used it for several instruments that were difficult to control and it did the job effectively. Moreover, I plan to use it not only on currency pairs and on several of my accounts so that it can monitor my open trades and turn on when necessary. Also separately I would like to note the support. Alexander will not set up the product for you, and if you are looking for a simple tool, then this will seem difficult for you. However, Alexander is always in touch and answers my questions. I am also grateful that Alexander explained to me very clearly and in an accessible way some of the functions that I did not know about and did not understand how it works. Overall, I am very pleased with the results and would like to recommend AW Recovery EA to anyone who is looking for a reliable and efficient Forex trading tool. He has really helped me achieve more success in my trading and I'm sure he can help you too. If you haven't tried it yet, I highly recommend you do!

          Trung John
          940
          Trung John 2023.03.29 04:30 
           

          i've been using it for 1 month in hope that my DD will be reduced but it stays the same. The weakness of this bot is it can't follow the trend and add/close trades properly to reduce DD. Maybe the vendor can let the users to choose which trend (up or down) the market is and the new trades will be calculated accordingly. Also it needs to factor in the long floating overnight fees so that new trades can cover partially.

          It can't reduce your DD no matter adjustments you make. After the lockdown, you should manually trade based on your skill rather than relying on this bot because it will make stupid trades

          Ms Pauline Ainsley
          340
          Ms Pauline Ainsley 2023.03.17 18:10 
           

          User didn't leave any comment to the rating

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2023.03.20 20:42
          Hello. First of all, I am very sorry that you are facing this situation due to the strong price action following the news of the collapse of several US banks. I'm really sorry. As part of this comment, I would like to write information that may be relevant. The functionality of the adviser provides for the possibility of opening averaging orders only in the direction of the current trend. In the input settings of the product, there is a section for filtering the opening of orders. The EA can filter by the signals of the built-in trend indicator both the opening of the first averaging order and subsequent ones. Filtering the trend direction of averaging orders will filter out strong movements, while the EA can trade at the same time in the direction of the current trend. All this functionality is in the product, if you do not know how to set up one or another format of the adviser - be sure to write me a personal message, I will try to help with all the questions that arise and give advice on certain adviser variables. Sincerely.
          Sandip Shinde
          81
          Sandip Shinde 2023.03.16 23:30 
           

          I Purchased an amazing recovery tool 17 days ago to help with my distressed position of 0.18 lots, valued at $200. After two days of use, my position has improved to 0.17 lots. I am grateful for the effectiveness of this tool and now feel more confident about my future trading. In fact, I believe this tool is a must-have for any trader

          Kevin
          475
          Kevin 2023.03.10 18:18 
           

          Translation: I have just made the purchase and am waiting for the author to provide the parameters. I will share my feelings with everyone in a timely manner.

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2023.03.10 18:44
          Hello. Unfortunately, there are no universal settings, but I sent you some recommendations in a personal message. Regards
          Manabu Yanagita
          1349
          Manabu Yanagita 2023.03.10 16:18 
           

          Martingale will fly the account someday.

          This EA accumulates a contrarian position with martingale when a big trend appears.

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2023.03.10 18:52
          Hello, the Expert Advisor functionality is not a martingale strategy. Our Expert Advisor uses locking and averaging of locked positions using partial closing. We do not use martingale functionality in this product. But in any case, the adviser is recommended to be tested and prepared for certain situations. There is a link to the setup guide on the product page. Also - if you have any questions about the work of the adviser or variables - be sure to write me a private message, and I will be happy to help you. Best regards
          Eacopy2023
          43
          Eacopy2023 2023.02.28 23:21 
           

          Hi i just purchased this product of your. What settings are recommended?

          AlfaCapital
          76
          AlfaCapital 2023.02.01 18:04 
           

          A great tool that really works. I test many scenarios and settings and always successfully close a losing position, even with a small profit. In my opinion, TOP EA and necessary for all traders.

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2023.02.01 18:47
          Thanks for your feedback.
          Eric Schneider
          76
          Eric Schneider 2023.01.19 14:27 
           

          I have tested the EA intensely for 3 days. It actually works. I does a good job getting you out of loosing positions but you have to be patient. Maybe this can be speed up by customizing the settings. Anyway it this EA works well. I definitely recommend it

          AW Trading Software Limited
          118123
          Reply from developer Alexander Nechaev 2023.01.22 12:02
          It's great that you share your opinion. It is very pleasant for us.
          Forexdot
          119
          Forexdot 2023.01.13 21:21 
           

          If u are new or have little experience be cautions . This one is very complex EA. Do not set up to many order lots. Start order lots with as little 0.01 . Use recovery in early stage. Set equity drawdown at 1% to recover. Let say u have 1k equity . Start recover if u have $50 drawdown. Correctly calculate averaging steps. Do not trade Mondays and finish early Fridays. U have strictly follows rules other ways u loose everything.. Please read 20 times EA instruction before start using . Your funds most maters . More info in my

          Update

          After using good month makes more drawdown then recover loses. At some point u have switch off Aw recovery and recover manually. If u live its on i will happens margin call. Aw recovery doesn't recover large drawdowns at all. Aw recovery just push towards margin call very fast. I would not recommended 100% put your money and leave to run on its own. If u do u will find your account empty. More info in comments

          Reply to review
          Version 3.60 2024.03.03
          - Added optional TakeProfit in the deposit currency. The mode selection is located in the TakeProfit Mode variable
          Version 3.50 2023.08.28
          - The panel of possible closures of the main position can be disabled. To enable this functionality, use the "Show Possible Closures panel" variable, where
          "Off" - Do not use the panel of possible closings of the main position. A simpler version of the advisor panel
          "Use Possible Closures panel" - Display a panel of possible closings of the main position (as it was in previous versions)

          - Conducted general optimization of the adviser code
          - Optimization of entries in the advisor's journals
          Version 3.30 2022.08.18
          - TP for averaging orders is now measured in points
          Version 3.21 2022.08.13
          - Updated the work of limiting the opening of orders for 1 candle
          Version 3.20 2022.06.26
          - Added a variable to regulate the TP for the entire basket of orders
          Version 3.10 2022.06.21
          - Added the ability to open averaging orders using the Expert Advisor panel. This setting is located in the "Protection Settings" section, "Open Average orders via Panel" setting
          Version 3.0 2022.06.14
          Graphics update:
          - Updated the appearance of the advisor panels.
          - Update the appearance of levels for averaging orders
          - Updating the appearance of closing a part of a position

          Update of the functionality of the advisor panels:
          - Added the ability to use profit from the main position to reduce its volume. The functionality of reducing the total volume of a locked position is available in the main panel of the Expert Advisor.
          - Added button to close the entire position
          - Added a button to close the current group of orders being processed, and information about the orders of the current group is displayed in a separate block.

          Update of input settings and EA functionality:
          - Now the input settings are divided into thematic sections, which will make the product setup more understandable
          - Added the ability to send notifications by e-mail, to a mobile phone, as well as in the form of alerts
          - Added the ability to change the size of the adviser panels
          - Added light color scheme for advisor panels
          - Added TP for the entire basket of orders
          - Added the possibility of two-way operation of averaging orders
          - Added the ability to adjust the amplitude and timeframe of the AW Trend Predictor trend filter
          - Added Bulls Bears Candles trend filter - candle reversal filter
          - Added start with a drawdown as a percentage of the deposit
          - Added the ability to work on multiple MagicNumbers at the same time. Now they can be entered as a list separated by commas ",".
          - Added the ability to choose from which orders the adviser should start recovery, from the easiest to close or from positions that are in the most difficult position.

          We also added a few less serious changes, added a couple of small functions, and also made a general code optimization so that the EA consumes less computer resources.
          Version 2.40 2021.05.06
          - Now the EA checks for SL and TP in processed orders not only when exiting the standby mode, but also during work.
          Version 2.30 2021.05.04
          - Added the ability to turn off the display of TP zone lines(Minor update)
          Version 2.20 2021.04.19
          - Added the ability to calculate the full commission for partial closings in the input settings
          Version 2.10 2020.12.04
          - General code optimization
          - Added the ability to restore a separate MagicNumber
          Version 2.0 2020.11.06
          - Added Spread Limit for opening orders
          Version 1.30 2020.07.30
          - Update of the Only Sell and Only Buy operating modes
          Version 1.20 2020.06.15
          - Fixed typo in text labels of volumes of averaging orders
          Version 1.10 2020.06.07
          - Added the ability to work on a separate MagicNumber. In the variable "MagicNumbers for recovery", if necessary, you can enter the list of Magic numbers for recovery, separated by commas ",". If no values are entered in the variable, the EA will work with all orders of the symbol.