Recovery Manager Pro MT4
199 USD
Demo heruntergeladen:
486
Veröffentlicht:
30 Dezember 2023
Aktuelle Version:
1.20
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Hello. I just bought this EA. However, in the settings section there is a take profit section. I hope you can explain this parameter more clearly. I am trading gold in the m15 time frame, what do you think I should set this parameter to? Thanks a lot.
Hello,
Take_profit - we recommend setting at least two spreads to avoid accidental slippage. The value is measured in points.
After a quick play with the MT4 version, I have a question please.
How does one setup the EA to recover an account where the open trades are already in a loss situation. I understand loading the EA and opening trades to allow the EA to manage the recovery, but I have trades already open in trouble that need saving please.
After a quick play with the MT4 version, I have a question please.
How does one setup the EA to recover an account where the open trades are already in a loss situation. I understand loading the EA and opening trades to allow the EA to manage the recovery, but I have trades already open in trouble that need saving please.
Recovery Manager Pro can be launched if there is already a drawdown on the deposit. You can find instructions here https://www.mql5.com/en/blogs/post/755530/
Before launching RM Pro on your account, test it in the strategy tester in the “visualization” mode.
Add an advisor to the chart, check that the input settings match your risk. Read more about the setup in the instructions above. Configure the advisor after preliminary testing in the strategy tester.
When starting work, RM Pro will close some of the profitable orders to reduce the amount of borrowed funds, delete all pending orders, all take_profit and stop_loss levels. The size of buy and sell positions will be equalized, that is, unprofitable orders will be blocked. And then, with the help of averaging orders, RM Pro will restore the drawdown in parts.
Other advisors will be closed by closing their windows.
You have created a great Recovery EA. What I like to see modified is the Entry for DD not just % but as a value. Also for manual trade I'd like to see the fix lot 0.25 (which can be adjusted later) to have entry in setting for that to set eg. to 0.05L
Thank you for your comment, I will consider implementing it.
What effect has the Risk factor which is 1?Which is not explained what impact it has.
Should the first Averaging Trade open according Indicator direction? Which it normally doesn't do? Or is it looking at higher TF? I'm using normally TH M15. I'd appreciate your reply.
What effect has the Risk factor which is 1?Which is not explained what impact it has.
Should the first Averaging Trade open according Indicator direction? Which it normally doesn't do? Or is it looking at higher TF? I'm using normally TH M15. I'd appreciate your reply.
Hello,
Risk_K_adjustment - the variable additionally allows you to increase/decrease by a specified value the volumes that the advisor uses automatically.
Yes, the first order is opened according to the trend, and the following averaging orders are opened with a specified step.
Hello. I just bought this EA. However, in the settings section there is a take profit section. I hope you can explain this parameter more clearly. I am trading gold in the m15 time frame, what do you think I should set this parameter to? Thanks a lot.
Hello. I just bought this EA. However, in the settings section there is a take profit section. I hope you can explain this parameter more clearly. I am trading gold in the m15 time frame, what do you think I should set this parameter to? Thanks a lot.
Hello! This is the profit size with which orders will be closed. For the “Take Profit Points” value we recommend setting at least two spread values in points to avoid slippage when closing positions.
Dear Sir,
I have bought your Recovery Manger Pro (MT4) on 4th June. In these days I had to recover one drawdown. So far so good!!
What I'm unhappy is: the parameter setting "Disable other EAs".
1. you say by this setting other advisers would be closed by closing their windows. But that is not true. This setting is closing all(!!) windows, even those without any EA attached. I had some charts just for the reason of chart analyzes. There was no EA attached. But they were also closed. All my hard work has disappeared, and I have to do it again.
2. This parameter works only in one way: closing EAs and their windows. But after the drawdown was recovered, I want to have them (chart + EA) back. These EAs (with my specific settings) should be enabled again. Otherwise, I have to do all the work again: install all the disabled EAs with their specific settings.