Fully automated and adaptive Expert Advisor using the Zone Recovery Algorithm on strategic locations.
For assistance please feel free to contact me.
- 100% Automated
- Works with any broker
- FIFO compliant
- All trades are protected with a stop loss and take profit
- Not sensitive to spread
- Uses built in complex indicator to identify trade setups
- Can be used in scalping, swing and long term depending on settings
- The EA works in any pair and timeframe. The default settings are configured for EURUSD H1
- Recovery Strategy - select the Zone Recovery Strategy you want to apply
- Reuse Zones - increases the number of trades per zone
- Max Hedge Orders - maximum number of hedge positions
- Pending Order Min Space - minimum distance in pips from the buy entry line and sell entry line to open pending orders
- Max Drawdown Allowed(%) - emergency close of all trades when a drawdown percentage is reached
- Spread in Pips - enter the spread your broker uses
- Min Bars - minimum number of bars to detect signals
- Deviation - maximum deviations of support and resistance levels
- Range Filter - increasing this avoids more market noise
- Min Zone Pips - minimum range in pips to qualify as a recovery zone
- Max Zone Pips - maximum range in pips to qualify as a recovery zone
- Max History Bars - maximum historical bars to read
- Auto Lots - set to true to use the risk-based money management. Set to false to use fixed lots
- Risk - use risk percentage to calculate lots.
- Manual Lots - manual lot size.
- Magic Number - use (-1) for auto magic number
- Trade Comment - comment the EA uses
- Leverage at least 1:200
- Minimum balance of 1000 for standard accounts, 10 for cent accounts
- Low Spread broker improves result
Improved the filter.
Added "Pair Spread" setting that helps the EA perform better in the live environment.