Smart Recovery Manager PRO

  • Utilities
  • Channaphat Yamuangmorn
    Channaphat Yamuangmorn

    Channaphat Yamuangmorn

    • MQL5 Developer, Algorithmic Trader at  Independent EA Developer
    • Thailand
    • 1562
    1 (1)
    Hello! I am an experienced Algorithmic Trader and MQL5 Developer based in Thailand. I specialize in designing and developing robust Expert Advisors (EAs) and automated trading systems for MetaTrader 5.
    19 products
  • Version: 4.54
  • Updated: 20 April 2026
  • Activations: 5

Description:

Smart Recovery Manager is a technical utility developed for the MetaTrader 5 platform. Its primary function is to provide trade management solutions for existing positions through a combination of averaging techniques and an automated hedging mechanism.

Operational Features:

This utility is designed to manage trades that are already active in the terminal. It does not provide trade signals or execute initial market entries.

  • Averaging Logic: The tool can be configured to open additional positions at specific distance intervals. These entries are further filtered by a built-in Stochastic oscillator to identify potential price exhaustion areas.

  • Automated Hedging: This feature serves as a protection layer. If the account drawdown reaches a specific percentage defined by the user, the utility executes an opposing order to balance the total volume. This is intended to stabilize the drawdown during periods of extreme market volatility.

  • Profit Management: The utility includes a trailing stop function and a basket close logic based on a fixed profit target in the account currency.

Input Parameters:

  • Profit Target: The net profit amount required to close all managed trades.

  • Hedge Threshold: The drawdown percentage level that triggers the protective hedge order.

  • Filter Settings: Configuration for the Stochastic oscillator used in the recovery logic.

  • Trailing Settings: Parameters for the trailing stop-loss movement.

User Guidance:

It is recommended to use this utility on a demo account to fully understand the interaction between the averaging and hedging functions before applying it to a live trading environment.

Risk Disclosure:

Trading involves significant risk and the potential for financial loss. The use of recovery strategies such as averaging and hedging can increase the level of risk exposure. Past performance of any trading logic does not guarantee future results. Users are responsible for their own trading decisions and parameter configurations.


Custom EA & Indicator Development Do you have your own winning strategy? Let me automate it for you! I offer professional MQL5 programming services to turn your unique logic into a highly efficient Expert Advisor or custom Indicator.  Send me a private message here on MQL5 to discuss your project!

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Shaoping Kuang
5 (1)
Utilities
Copy your MT5 trades to Interactive Brokers You keep using MT5. Every order you open or close is sent to your IB account. In real time. No coding. No changes to your strategy or EA. Try it first Rent 1 month: $30. Test on a live or paper account. What it does Real-time copying: same direction, reverse, or one side only. Map any MT5 symbol to any IB symbol. Set a lot ratio for each. Forex, Futures, Stocks, CFDs, Metals and Crypto. Position sync: both accounts checked, any difference fixed. Optio
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Kevin Craig E Gittins
Utilities
Quant Panel is a strategy analysis utility for MetaTrader 5. It helps traders review several Expert Advisors or trading strategies running on the same account. The panel groups closed positions by Expert Advisor comment or magic number and calculates each strategy's results separately. You can compare strategy performance, review individual drawdowns and export detailed reports from one dashboard. Independent strategy analysis Each strategy has its own virtual starting balance and closed-trade b
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5 (1)
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Your backtest filled every order at the price it asked for. Your account does not. EA Slipstream measures what execution costs your EA, using your own fills, slippages and spreads to show you the true performance of your EA. A backtest prices every trade at the level the EA named. In live trading a pending order fills at whatever price is available when it triggers, a stop closes wherever the market is when it is hit, and the spread at that moment is whatever the account was quoting. The differ
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Adam1000 Black
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Adam1000 Black 2026.04.24 13:22 

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Channaphat Yamuangmorn
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Reply from developer Channaphat Yamuangmorn 2026.04.24 13:30
Hi Adam, thank you so much for your kind words and the 5-star rating!
I am very glad to hear that the Auto-Hedge and Smart Recovery features worked exactly as intended to protect your capital. Our main priority is to provide a tool that is not only profitable but also focuses on capital preservation during high volatility.
If you have any suggestions or need further assistance, please feel free to reach out. Happy trading and thank you for choosing Smart Recovery Manager PRO.
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