Tomgoodcar Recovery

1. Core Mechanics TOMGOODCAR RECOVERY operates on a combined strategy of Grid, Hedging, and Controlled Martingale, focusing strictly on Drawdown Management.

  • When the market moves against an open trade, the EA places recovery orders at specified distances (Grid Step).

  • It uses a Lot Multiplier to shift the Average Entry Price closer to the current market price.

  • Once the price pulls back and the total profit reaches the target (Basket TP), all trades are automatically closed to reduce risk and clear the exposure.

2. Key Parameters

  • Initial Lot: The starting trade size.

  • Grid Step (Points): The distance between recovery orders. Wider steps increase safety.

  • Lot Multiplier: The Martingale factor used to recover from drawdowns faster.

  • Maximum Lot Size: A strict safety measure to prevent excessive margin utilization.

  • Basket Target Profit: The combined profit target in currency, designed for quick exits.

3. Advanced Protection

  • Break Even System: Automatically moves the Stop Loss to the entry price once a trade reaches a safe profit level.

  • Super Recycle (Drawdown Reduction): Uses the profit from winning trades to offset and close heavy losing trades, freeing up margin while maintaining the Min Clean Profit.

4. System Requirements & Recommendations

  • Account Type: Requires HEDGING accounts (Netting is not supported).

  • Optimization: The EA comes with conservative default settings. It is highly recommended to test the EA on a Demo account to find the optimal Grid Step and TP for your specific broker and trading instrument (e.g., XAUUSD vs EURUSD).

5. External Order Management (Rescue System) A unique feature allowing the EA to manage pre-existing positions.

  • Manual Trades (Magic 0): The EA can take over manually opened trades and bring them into its mathematical recovery grid.

  • Other EA Trades: By setting a Target Magic Number, the EA can rescue stuck trades opened by third-party robots.

  • Dashboard Status: The on-chart UI will clearly display "RESCUING" when it takes control of external orders.

⚠️ Risk Warning & Disclaimer

  • Always Test First: It is highly recommended to run comprehensive Backtests or forward-test the EA on a Demo account before going live. This is crucial to find the optimal Grid Step, Multiplier, and Basket TP that best suit your specific account balance and risk tolerance.

  • Instrument Volatility: Different trading instruments behave differently. High-volatility assets like Gold (XAUUSD) require wider Grid Steps compared to standard currency pairs. Please optimize the settings accordingly.

  • Inherent Risks: Trading with Grid and Martingale strategies carries substantial risk, especially during extreme market conditions. Past performance and Backtest results do not guarantee future returns.

  • Protect Your Capital: Always utilize the Maximum Lot Size parameter to strictly limit your exposure and prevent the system from exhausting your account margin.

⏱️ Recommended Timeframe This EA is compatible with all timeframes. However, the 1-Minute (M1) timeframe is highly recommended for optimal performance and faster grid execution.

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MQL TOOLS SL
4.27 (112)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Main Features: Trading Panel: Quick on-chart buttons for Buy, Sell, Close Profit, and Close All. Risk Management: Built-in Auto Lot calculation based on your specified risk percentage. Visual Tools: Automatically draws Supply/Demand zones and Fibonacci levels on the current chart. Market Data: Displays real-time ATR (Volatility) and RSI values directly on the panel. Optional Auto Mode: A basic automated trading function using EMA crossover and ATR volatility filter. Parameters to Note: RiskPerce
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Product Name: TomGoodCar Phayahum Limited Edition Overview: TomGoodCar Phayahum is a systematic Grid and Hedging trading assistant designed specifically for XAUUSD (Gold). It employs a structured approach to market volatility, utilizing a grid-based entry system combined with advanced risk management filters. This system is engineered to handle market fluctuations by calculating positions systematically rather than relying on impulsive trades. Key Features: Grid Engine: Implements a disciplined
Overview Tomgoodcar Rose Knight PRO is an advanced, fully automated algorithmic trading system designed for MetaTrader 5. Built upon a sophisticated Pending Order Grid framework, the EA does not simply execute market orders blindly. Instead, it deploys strategic Buy Stop and Sell Stop orders, dynamically trailing them along with price movements to secure optimal entry levels. Equipped with a dual-stage recovery mechanism, embedded economic news filters, and strict price zone limitations, this to
Phayahum EA V1.00 (Grid & Hedging System) Phayahum EA is an automated trading system developed for XAUUSD on the M1 timeframe. It utilizes a combination of Grid and Hedging strategies designed to manage positions during ranging market conditions. The system aims to average entry costs when the market moves against the initial direction and closes positions collectively when a net profit target is reached. ️ Core Logic & Mechanics Grid Recovery: Opens additional orders in the same direction if t
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SPECIAL PROMOTION: BUY 1 GET 1 FREE As a special thank you for purchasing Tom-Hedging v1 , you are entitled to receive any 1 EA from my portfolio absolutely FREE! Browse my full catalog here: https://www.mql5.com/en/users/tomgoodcar999/seller (Note: After completing your purchase, please send me a Direct Message on MQL5 specifying the name of the free EA you would like to receive.) Overview Tom-Hedging v1 is a fully automated trading system built on statistical price action analysis and a dyn
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Overview Tomgoodcar Market Structure & Grid Assistant is a versatile trading tool designed to provide structural analysis and automated trade management. It allows traders to utilize technical frameworks to assist with market entry and position management. Execution Modes Auto Mode: The EA identifies market structure setups (OB/FVG) and executes trades based on your selected entry logic, allowing for an automated structural trading experience. Manual/Hybrid Mode: Traders can manually execute tra
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Tomgoodcar Rebate For You V1 is an automated trading system (Expert Advisor) designed to execute trades based on predefined technical conditions. The primary objective of this EA is to generate trading volume through a systematic grid recovery approach. Core Trading Logic: First Entry Signal: The system utilizes the EMA 50 (Exponential Moving Average) on the current timeframe (M15 recommended) to filter the market direction. If the closing price is above the EMA 50, the EA looks for BUY opportun
Tomgoodcar Revenge
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TOMGOODCAR REVENGE is a systematic trading tool developed for XAUUSD (Gold) on the M5 timeframe . This Expert Advisor combines multiple technical indicators with a strategic position management system to navigate market movements. Trading Methodology: Signal Filters: The EA enters trades based on the confluence of Bollinger Bands, MACD, and Moving Average to identify trend-following opportunities. Position Management: Utilizes a Grid system with a customizable Grid Step (Points) and Lot Multipli
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TOMGOODCAR TOMOE: Systematic Trend & Breakout Engine System Overview TOMGOODCAR TOMOE is an automated Expert Advisor (EA) built on algorithmic principles and rigorous risk management. The system focuses on a "Trend Following + Volatility Breakout" methodology, integrated with advanced position management to handle various market conditions effectively. ️ IMPORTANT: This EA is designed strictly for HEDGING accounts only. Core Trading Logic Triple Trend Filtration: The system analyzes the core ma
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[Title: Tomgoodcar Cleopatra – Grid Averaging & Risk Management System] Introduction Tomgoodcar Cleopatra is an automated trading tool designed for systematic order management. It utilizes a structured grid-averaging strategy combined with a proprietary trend-filtering technique to identify market opportunities. This EA is built for traders who prioritize systematic discipline, structured risk management, and capital preservation over manual intervention. Operational Logic Macro Trend Identifica
Product Overview: TomGoodCar Tomoe Limited Edition TomGoodCar Tomoe Limited Edition is a systematic algorithmic trading Expert Advisor (EA) developed for the MetaTrader 5 platform. The system integrates trend analysis, volatility-adjusted grid management, equity trailing, and a built-in professional dashboard to maintain a disciplined approach to market participation. Core System Logic & Features Trend Alignment (Triple-EMA): The system utilizes a Triple-EMA configuration to identify the primary
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Maya Spearman V1 - Advanced Hybrid SMC & Volume Profile System Overview Maya Spearman V1 is an advanced Expert Advisor (EA) that integrates three deep technical analysis methodologies: Smart Money Concepts (SMC), Volume Profile, and SilverTrend Momentum. It is highly optimized for volatile and highly liquid instruments such as XAUUSD (Gold), functioning both as a robust manual trading assistant and a fully automated trading system. Advantages & Key Features 3-in-1 Strategy Validation: The EA ex
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