Zone Recovery is an advanced hedging system. When the market goes against you by certain number of pips, you open an opposite trade by a trade with slightly bigger lot size.
If the market keeps moving in this new direction, at some point the profit from the profit trade will overtake the loss trade, at which point you can close both the trades.
If the market returns to the previous direction, the trade with the bigger lot size will accumulate loss faster than the older trade which is gaining. In this situation, calculate and open another trade in that direction by which the initial trade and the third trade together will be bigger than the second trade.
This back and forth hedging strategy can be continued for 6 iterations until the market moves to a level which can give profit or break even.
You can use this method on all pairs and on any timeframe.
You can use "Multiplier" to change lot size (it is better to use integer values).
Links to more efficient versions in the Market:
Zone Recovery Hedging Strategy on YouTube:
Script to start an external program.Multi Pair Closer
Close all positions on a basket of currencies when the profit target has been reached.
This indicator is based on original RSI, but more features are added to general signals and watch the strength of the price movement. The main purpose is to general buy/sell signals using smoothed RSI and its MA.Hourly Pivot Points with Color Filling
Calculate Pivot Points based on H1 bar, according to normal formula and Fibonacci, with color filling.