Recovery Assistant Pro MT4

Recovery Assistant Pro for MT4
Manual Recovery Trading Assistant

  • Recovery Assistant Pro is a Manual Trading Assistant EA for Recovery trade calculations and management.
  • Helps calculate the appropriate Lot Size.
  • Designed to calculate Recovery trade parameters based on floating loss and the selected Target USD.
  • Simplifies Recovery calculations that would otherwise require manual calculation.
  • The trading panel provides direct access to the main Recovery functions from the chart.
  • Includes a Recovery system that supports multiple currency pairs and switching to another supported symbol.
________________________________________________


1. Main Features

Recovery Lot Size Calculation

The EA automatically calculates the appropriate Lot Size using the following information:

  • Loss amount
  • Target USD
  • TP distance
  • Estimated Spread
  • Swap
________________________________________________

Supported Assets

  • Forex
  • Gold (XAUUSD)
  • Indices
  • Oil
  • Cryptocurrency
________________________________________________


Recovery Based on Target USD

  • Each new Recovery order is calculated based on the current floating loss and the specified Target USD.


Recovery Control Panel
  • The trading panel provides direct access to all important Recovery functions from the chart.
  • Monitor Recovery status in real time and control trading with just one click.
  • The panel displays important information such as:
    • Editable Target USD
    • Real-time Profit/Loss (all symbols)
    • Maximum Recovery Orders
    • Trading Summary
  • Quick action buttons:
    • Buy
    • Sell
    • Open Order
    • Pending Order
    • Pause Recovery

________________________________________________

Visual Trading Lines

Drag the trading lines directly on the chart. No need to manually type price levels.

Trading Line Purpose
Target USD Line Take Profit Level
Pause Line Hedge Point and Pause Recovery
Pending Line Stop / Limit Order

Recovery Hedge System
  • After opening an order, the EA automatically prepares the next Recovery step.
  • The system places an opposite Pending Order at the Pause price level.
  • When Hedge is activated, the EA automatically removes the Take Profit.


Cross-Pair & Multi-Asset Recovery
  • The EA can calculate a Recovery trade on another symbol based on the floating loss of the selected positions.
  • The EA calculates the Lot Size using the total floating loss across the account and the selected Target USD.

  • For example, a Recovery trade can be opened on EURUSD, GBPUSD, BTCUSD,
    or another supported asset while existing positions are held on XAUUSD.

  • Supports Recovery calculations across multiple supported symbols and asset types.


Manual Trading Control

  • The user decides when to Buy, Sell, or place Pending Orders.


One Recovery Cycle at a Time

  • The EA prevents opening duplicate Recovery cycles while the current Recovery cycle is still active,
    allowing the Recovery process to follow the designed sequence.


Trading Cycle Management

  • When TP is reached, the EA closes all related positions and Pending Orders, then starts a new Recovery cycle.


Real-Time Trade History

  • Displays the profit summary of the latest Recovery cycle (all symbols).
    Uses a shared data system between all EA instances running on different symbols in the same terminal.         

________________________________________________

2. Suitable For

  • Recovery Trading
  • Manual Trading
  • Multi-Currency and Multi-Asset Trading
  • Cross-Pair Recovery
  • Money Management using Target USD      


3. Highlights

  •  Lot Size Calculation
  •  On-Chart Recovery Control Panel
  •  Cross-Pair & Multi-Asset Recovery
  •  Hedge Preparation
  •  Target USD Trade Management
  •  Real-Time Floating Loss Monitoring
  •  Chart-Based Trading Control
  •  Time Candle Countdown (Candle countdown timer attached to the current price line)
  •  Automatically Restores Trading Lines if they are accidentally deleted


4. How It Works

  1. Drag the TP and Pause lines on the chart.
  2. Click Buy / Sell / Pending , The EA calculates the Lot Size from Floating Loss + Target USD.
  3. Open the order , Set TP , Automatically place a Hedge Pending Order at the Pause Line.
  4. When TP is reached, the EA closes all related positions and Pending Orders.
  5. Price reaches the Pause Line , Hedge is activated, and the system waits for the next Recovery cycle.

  • Multi-Symbol Operation: The system can operate across different symbols,
    allowing you to switch to another trading symbol without resetting the EA.


5. How to Use

  1. Click Trade or Pending on the panel. (The draggable trading lines will appear on the chart.)
  2. Drag the lines to set the TP and Pause (Hedge).
  3. Click Buy or Sell.   


6. Recommended Settings 

Target USD :             1-2% of account balance (Higher values reduce the number of possible Recovery attempts.)
Timeframe :             M5 or higher
Account Type :         Hedge + Commission-Free 
Important Notes
  • This EA is a Manual Trading Assistant, not an automated trading EA.
  • This system is designed for traders who understand Recovery and Hedge trading.

  • The EA does not use a Stop Loss (SL) for Recovery positions.
    Keep the EA running while the Recovery cycle is active until a Hedge is activated according to the system.
 
Recovery Assistant Pro MT4

Manual Recovery trading assistant with visual controls and multi-symbol support.

Launch Price: $69 USD


After the launch promotion ends, the price will increase to $129 USD.

Please check the current price displayed on the MQL5 Market before purchasing.
________________________________________________________________

Tag: Recovery, Recovery Trading, Recovery Tool, Manual Trading, Trading Assistant, Trade Assistant,
Smart Recovery, Manual Trading Tool, Lot Size Calculator, Risk Management,
Trade Management, Recovery ea, Target USD, Recovery System, Recovery Panel,

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This EA Utility delivers a robust solution for managing an unlimited array of open orders, both manual and automated. It enables customizable partial profit levels utilizing metrics such as pips, ratios, ATR (Average True Range), and profit amounts for precise trade management. The utility features an advanced on-screen display, offering clear visualization of all orders and their profit levels to enhance strategic decision-making and control. To evaluate its performance and interface, the EA s
Risk to R Ratio Manager
Omar Alkassar
Utilities
The Risk to Reward Ratio Manager is a visual order management tool and position size calculator designed to support disciplined trading and professional risk management. It allows traders to visually set entry, stop-loss, and take-profit levels directly on the chart, while automatically calculating the lot size and risk-to-reward ratio before sending an order. The tool helps standardize trade preparation and ensures that each position is opened with a predefined and controlled level of risk. Thi
Trade Copier Global
Laszlo Tormasi
5 (15)
Utilities
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
Trade Signal Pro MT4 to Telegram Signal Provider
Bidhan Chandra Roy
Utilities
Trade Signal Pro (MT4) — Telegram Signal Provider (Utility) A lightweight utility that sends trade notifications from your MT4 account to Telegram. It does NOT open/close trades. It only reads positions/deals and sends messages. What it sends Entry signal (BUY/SELL) with Entry, SL, TP, pips + Risk:Reward   Updates when SL/TP is modified (reply/tag to the original signal)   Close notifications: TP hit / SL hit / Breakeven / Manual close   Optional Daily & Weekly performance summary (win
Auto Trade Driver
Vu Trung Kien
4.6 (15)
Utilities
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules. This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time. With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you
FFx Hidden TPSL Manager
Eric Venturi-Bloxs
Utilities
The FFx Hidden Manager panel will help you to manage easily your orders directly on the chart. Below all features described: TP, SL and TrailingStop are hidden Each order has its own lines on chart Drag & Drop any line to change the TP/SL as per your need Option to move automatically the SL line at breakeven when TP #1 is reached Option to choose the TP/SL type (by pips or price) Option to choose the TrailingStop type (by pips, MA, Fractals, PSAR or ATR) Define which order(s) you want to manage
Auto Trade Copier
Vu Trung Kien
4.76 (85)
Utilities
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
FFx Risk Calculator
Eric Venturi-Bloxs
Utilities
FFx Risk Calculator panel will help you to calculate very easily your trades size, SL or the risk directly on the chart. All features are described below: Option to select which parameter to calculate: Risk, Stop Loss or Lot Size The panel will show if the lot size is allowed according to the current account free margin Button to maximize/minimize the panel Drag and Drop the panel anywhere on the chart How to use it? Select the parameter you want to be calculated. It will be based on the 2 other
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Vu Trung Kien
5 (2)
Utilities
Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules. It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, pr
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