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Loss Recovery Trading Robot

99 USD

Demo downloaded: 254

Published: 4 July 2016

Current version: 1.7

Loss Recovery Trading Robot

Utilities
Quang Dung Pham
Version: 1.7
Updated: 4 October 2022
Activations: 10

How It Work?

If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first position. If the market hit the target (up trend or down trend) the EA will close all positions of that symbol. If the market does not hit the target price, the EA will open other turns in the sequence. So, using this EA as a background you will have one way in and two ways out (up or down is does not matter).

Advantage

Max loss recovery for 5 symbols
Manual open trade
Hidden and Show Stop Loss and Take Profit (SLTP)
Break even function include
Trailing stop function include
Smart Input Safe Mode
Easy setup

Parameters

Close by: select close all for account profit hit or single symbol profit hit;
Account Profit % to close all: input your target profit (%) of your floating profit to close all positions;
Account Loss % to close all: input your loss (%) of your floating profit to close all positions;
Recovery Zone (in point): input your range to open recovery position in the opposite direction, please refer to the screen shot to understand the principle; ;
Target To Close All (in point): input your target range to out with profit, please refer to the screen shot to understand the principle;
Max turn rounds: input your maximal turns that allow EA to open the opposite positions

Recommendation

Low spread broker
Swap is need to concern

Happy Trading!

Tony D. Pham,

more...

677

Mr Ruengrit Loondecha 2022.09.03 04:26 #

After improving and sort out configurations, so easy to understand and good covering uitility that i loving so much.

yong2015 2017.06.20 09:51 #

Good utility and easy to use when attached to only one currency pairs, you can control all pairs being traded. However, you shall understand more about the setting whether it can fit with your trade strategy or EA. The author is very patient to explain and give generous support.

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Dear valued clients, Have a good day! This application will support you to manage the risk of your account according to your settings such as automated set the stop loss, take profit, automated close the position of total loss or profit greater than the preset input. You also can set your target equity, it will close all positions when it meet the desired target. The followings are the input parameters: Equity Target To Close and Delete All Orders ($) Equity Limit To Protect (Close All) A

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677

Mr Ruengrit Loondecha 2022.09.03 04:26 #

After improving and sort out configurations, so easy to understand and good covering uitility that i loving so much.

yong2015 2017.06.20 09:51 #

Version 1.7 2022.10.04

- Updated close by symbol hit profit or by account hit profit;

Version 1.6 2022.09.30

- Upgrade close all function

Version 1.5 2022.09.01

- Discarded the auto-delete SL and TP price
- Improved "earning points" which skip the pending orders

Version 1.4 2022.07.23

- Simplify input
- Improved close all
- removed the auto delete pending same symbol

Version 1.3 2022.07.01

- Update preset
- Close all positions when account P/L hit the target in percentage

Version 1.2 2022.06.28

- Compiled with the new update of MLQ4

Version 1.1 2016.07.27

- Updated preset
- Updated Reverse Loss Recovery Function: Close positions one by one until out of the sequence.