Phoenix Recovery

Overview

Phoenix Recovery is a trend-pullback Expert Advisor built for XAUUSD, M30. It evaluates conditions once per closed bar, combining EMA trend direction, an RSI pullback zone, and the color of the last candle to time entries. Instead of a grid or martingale ladder, it uses a single-position, bar-confirmed recovery mechanism: after a loss, the next trade's size is boosted within a hard risk ceiling, then resets on the next win.

How It Works

  1. On each new bar close, check EMA(8) vs EMA(21) for trend direction.
  2. Confirm RSI(14) is in the pullback zone (neutral, not extreme).
  3. Require the last closed candle's color to match the trade direction.
  4. Enter with ATR-based stop loss and take profit.
  5. After a losing trade, the next trade's lot size is increased by a fixed multiplier, capped by both a maximum number of steps and an absolute risk-percent ceiling.
  6. A drawdown kill-switch blocks new entries, and optionally flattens the open position, once live drawdown exceeds a configurable threshold.

Inputs

  • Magic_Number
  • RiskPercent
  • MinBarsBetweenTrades
  • EmaFastPeriod
  • EmaSlowPeriod
  • RsiPeriod
  • RsiLowZone
  • RsiHighZone
  • AtrPeriod
  • AtrSlMult
  • AtrTpMult
  • MaxSpreadPoints
  • RecoveryEnabled
  • RecoveryMultiplier
  • RecoveryMaxSteps
  • RecoveryRequireBarConfirm
  • RecoveryMaxRiskPercent
  • Global_MaxDrawdownStopPct
  • Global_CloseOnKillSwitch
  • Score_MinProfitFactor
  • Score_MaxDrawdownPct
  • Score_MinTrades
  • Score_R2Weight
  • Score_SlopeWeight
  • Score_SplitPenalty
  • Score_SkewPenalty
  • Score_UlcerPenalty
  • Score_MARWeight
  • Score_TradeBonusWeight

Optimizer Scoring System

Phoenix Recovery includes a built-in custom scoring function that ranks optimization runs by equity curve smoothness, profit speed, temporal stability, drawdown pain, and capital efficiency, while penalizing profit concentration in a single trade. This filters out curve-fitted results that look good only on paper. Set Optimizer Criterion to Custom max when optimizing.

Recommended Setup

Symbol: XAUUSD. Timeframe: M30. Broker: low-spread ECN/Raw account recommended given ATR-based stops. VPS recommended for uninterrupted bar-close execution.

Screenshots

Live account example and recommended input configuration shown above.

Disclaimer

Past performance does not guarantee future results. Test on a demo account before live use. Trading involves risk of loss.


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Quantum Bitcoin EA : There is no such thing as impossible, it's only a matter of figuring out how to do it! Step into the future of Bitcoin trading with Quantum Bitcoin EA , the latest masterpiece from one of the top MQL5 sellers. Designed for traders who demand performance, precision, and stability, Quantum Bitcoin redefines what's possible in the volatile world of cryptocurrency. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup i
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Stanislav Tomilov
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Full Throttle DMX - Real strategy  Real results   Full Throttle DMX is a multi-currency trading expert advisor designed to operate with EURUSD, AUDUSD, NZDUSD, EURGBP, and AUDNZD currency pairs. The system is built on a classical trading approach, using well-known technical indicators and proven market logic. The EA contains 10 independent strategies, each designed to identify different market conditions and opportunities. Unlike many modern automated systems, Full Throttle DMX does not use ris
Obsidian Flow Atlas EA
Valentina Zhuchkova
5 (7)
Obsidian Flow Atlas EA Precision. Structure. Execution. Financial markets do not reward emotions. They reward discipline, structure, consistency, and the ability to make decisions based on objective data. Obsidian Flow Atlas EA was built around this philosophy. It is a fully automated trading system for MetaTrader 5, designed to operate on two of the most popular instruments in the financial markets: • XAUUSD (Gold) • EURUSD The system independently analyzes market conditions, opens and manages
BB Return mt5
Leonid Arkhipov
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BB Return — an Expert Advisor for gold trading (XAUUSD). I previously used this trading idea in manual trading. The core of the strategy is a return of price to the Bollinger Bands range, but not blindly and not on every touch. For the gold market, bands alone are not enough, so the EA uses additional filters that eliminate weak and non-working market situations. Trades are opened only when the return logic is truly justified.   Global   update   on   June   14th   Trading principles — the strat
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