I had a drawdown of over 90% on two accounts, I could not keep track of it myself (hobby trader pro). This Ea was my biggest hope. Reduced to just over 50% within four weeks. No idea how he does that. I know it is not easy to trust an EA. So I hope he can finish it too. This EA does well like a lot of CPU.
AW Recovery System
The Expert Advisor is designed to reduce the account drawdown. The proprietary algorithm locks an unprofitable position, splits it into many parts and closes each part separately.
The use of partial closure allows reducing the losses with a smaller deposit load, which provides a safer work with the losses, unlike the grid strategies that close orders only in whole groups.
How the orders are recovered
- The EA closes other windows of the selected instrument to disable the unprofitable experts (optional).
- The EA blocks the unprofitable position by opening a locking order.
- Then it opens recovery orders to reduce the loss by partially closing the unprofitable orders.
- During the partial closure, the algorithm recovers the least successful orders first. Each unprofitable order is split into several parts, which are closed separately. The recovery orders are opened with a small volume so as not to increase the deposit load.
When run in the strategy tester, the EA opens one demonstration position for testing the recovery feature. For further testing, it is necessary to use the buttons for opening orders located on the EA panel.
Input parameters
- Work_Mode - the EA operation mode, where:
- Work_at_Start - the EA starts its operation as soon as it is launched.
- Work_at_Drawdown - the EA starts its operation only after reaching Dd_Percent_For_Start percents of the deposit drawdown.
- Trend_Filter_Grids - Selection of an additional trend filter for restoring orders.
- Close_Another_Charts - close other windows of the current instrument at the start of the work to disable other experts.
- Dd_Percent_For_Start - percentage of the deposit drawdown to start the EA operation in the Work_at_Drawdown mode.
- Open_Lots - volume of new orders opened using the panel buttons.
- Magic_Number - magic number for recovery orders.
- Slippage - maximum allowable slippage for opening orders.
- Spread_Limit - maximum allowable spread for opening orders.
- Maximum_Order_Size - the maximum volume of recovery orders.
- Maximum_Orders_In_Work - the maximum number of the EA's orders.
- Long_Trades - allow buy trades.
- Short_Trades - allow sell trades.
- Work - allow the EA operation.
- Locking - allow automatic locking of orders.
- One_order_per_bar - Deny opening more than one recovery order per bar.
- Recovery_Start_Lots - volume of the first recovery order.
- Multiplier - multiplier for recovery orders.
- TrailingStart_Money - profit of the order group in the deposit currency to activate the trailing algorithm.
- Step_Grids - step for opening new recovery orders.
- Step_Multiplier - Multiplicator for the step of restoring orders (Step_Grids)
- Part_For_Close - volume of the unprofitable order's part to be closed at a time.
- Use_Take_Profit_Money - enable take profit in money.
- Take_Profit_Money - take profit in the deposit currency.
- ProfitTextWrite - Allow profit from closing order groups on the chart.
- Font_Size - Font size for the advisor panel.
- SAR_Settings, Alligator_Settings, TwoMA_Settings - blocks for setting employees' indicators with additional trend filters when the corresponding value of the variable Trend_Filter_Grids is selected.
Video
Michael Beek
2018.11.08 19:57
#
Hefajatur Rahman
2018.10.16 16:31
#
Good EA..
but we need to see target lot buy and sell locked negative value to show on display
suppose i locked 0.20 , 0.20 and 0.10 buy with 0.50 sell, set target 0.01 lot to close each time...i need to see 0.01 lot locked negative value which ur EA handle...please update this one and better disable close all button...cause if mistakenly hit this button...people loose all money which in negative
AurelianoV
2018.08.07 16:01
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Тестировал.Устраивал краш-тесты. Обсуждал. Уточнял. Отличная работа.
Вроде просто, а как важно иметь в арсенале!))).Супер.
Жду развития!
Juan Carlos Velez Hernandez
2018.08.02 20:07
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Excelente trabajo, poco a poco me va sacando de las malas operaciones.
Bruce Warmer
2018.06.13 10:52
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I have rented and installed it. The EA is slowly recovering the pair that has a drawdown.
Version 4.10
2018.10.08
- Fixed errors that occurred when restoring one order of the minimum volume.
- Fixed possible closing errors of the charts.
- Fixed possible errors when deleting pending orders.
- Fixed possible closing errors of the charts.
- Fixed possible errors when deleting pending orders.
Version 4.0
2018.10.02
- The run mode is added to the Work_Mode variable with a drawdown in money (the variable Drawdown_for_Start is measured either in money or as a percentage, depending on the selected mode).
- Added the function Close_Profit_At_Start - the adviser at the start of work will close all profitable orders from those (of those that are allowed to be processed) and using the profit from them will block part of the unprofitable.
- Added function Delete_Pendings_At_Start - advisor at the beginning of the work will remove all pending orders with the corresponding identifiers.
- Now when launching, the adviser removes the TakeProfit and StopLoss levels from the processed orders.
- Added a variable to select the type of orders processed (Work_With), where:
All_Trades - Advisor will work with all orders of the instrument.
Manual_Opened - the Expert Advisor will process the orders opened manually (these are orders with Magic = 0, if other Expert Advisors have MagicNumber = 0, then RecoverySystem will perceive them as opened manually)
Same_Magic_Number - Advisor will process only orders with the same MagicNumver as in RecoverySystem EA.
- Added the ability to run an advisor without a graphic block (Show_Panel Variable), which is important for saving resources when using VPS.
- A general optimization of the code was carried out, some operators were rewritten to increase speed and reduce resource consumption.
- Added the function Close_Profit_At_Start - the adviser at the start of work will close all profitable orders from those (of those that are allowed to be processed) and using the profit from them will block part of the unprofitable.
- Added function Delete_Pendings_At_Start - advisor at the beginning of the work will remove all pending orders with the corresponding identifiers.
- Now when launching, the adviser removes the TakeProfit and StopLoss levels from the processed orders.
- Added a variable to select the type of orders processed (Work_With), where:
All_Trades - Advisor will work with all orders of the instrument.
Manual_Opened - the Expert Advisor will process the orders opened manually (these are orders with Magic = 0, if other Expert Advisors have MagicNumber = 0, then RecoverySystem will perceive them as opened manually)
Same_Magic_Number - Advisor will process only orders with the same MagicNumver as in RecoverySystem EA.
- Added the ability to run an advisor without a graphic block (Show_Panel Variable), which is important for saving resources when using VPS.
- A general optimization of the code was carried out, some operators were rewritten to increase speed and reduce resource consumption.
Version 3.0
2018.09.03
- Fixed errors closing other charts.
- Now the Expert Advisor works to bind to a specific Magic_Number, which allows you to restore not tools, but the work of individual Expert Advisors, therefore the drawdown calculation method (Dd_Percent_For_Start) is also corrected - now it is the drawdown of the deposit in percent that was provided by the algorithm with the corresponding Magic_Number on the corresponding tool.
- Added the multiplier of the grid of restoring orders (Step_Multiplier).
- Added three variants of filters for restoring orders (Trend_Filter_Grids).
- Added the function of limiting the number of restorative orders, for one bar there can be only one market order (One_order_per_bar).
- Added the ability to change the font size (Font_Size).
- Now the Expert Advisor works to bind to a specific Magic_Number, which allows you to restore not tools, but the work of individual Expert Advisors, therefore the drawdown calculation method (Dd_Percent_For_Start) is also corrected - now it is the drawdown of the deposit in percent that was provided by the algorithm with the corresponding Magic_Number on the corresponding tool.
- Added the multiplier of the grid of restoring orders (Step_Multiplier).
- Added three variants of filters for restoring orders (Trend_Filter_Grids).
- Added the function of limiting the number of restorative orders, for one bar there can be only one market order (One_order_per_bar).
- Added the ability to change the font size (Font_Size).
Version 2.0
2018.06.18
Added the "Close_Another_Charts" function. If enabled, the EA closes other windows of the current instrument at the start of the work to disable other experts working on the selected instrument.
This really is a very smart EA. Moreover, If you have some serious DD, this EA is for you. I had planned out some manual trades and those trades got away from me so quick. I was mad at myself and I was determined to hedge my way out of this manual trade. Some of my DD was recovered then I found this EA. I have been using it a week and it works. Don't expect your bad trade to be recovered in one day. Slow and steady this EA is recovering my DD. Author is very helpful answering questions.