AW Recovery EA

Advisor is a system designed to restore unprofitable positions.

Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool.

The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies of closing orders only in whole groups

Benefits:

• Suitable for processing both a small number of orders and large grids from unprofitable orders
• Simple setup system with powerful functionality
• It can be used to recover losses from individual advisors, and automatically start recovery when a certain loss is reached
• Recovery of a loss-making position in parts for a smaller deposit load
• Advanced Trend Filtering Algorithm
• Powerful combination of locking and partial loss closure
• A large number of built-in protective functions

How to trade with an adviser:

Step 1 : Adjust the pitch and volumes

• Let the adviser configure the step between orders and volumes using the panel
• Check step for averaging orders
• Check the relationship between averaging and closing and their volumes

Step 2 : Configure Advanced Features

• Select a period for the trend filter (If used)
• Choose a multiplier for averaging orders
• Choose Trailing Start

Step 3 : Disable Other Advisors

• Disable other advisors working with these orders.
• Or let AW Recovery disable these advisers yourself
• Or work without locking

Important information: 

Input Settings:

• Type of the launch - A variable that determines the type of launch of the adviser
• Drawdown in money to start - Drawdown volume in money after which the EA will start recovery
• First ticket for recovery (0-not used) - Order ticket that will be processed first
• Disable another EAs at launch - module to disable other advisers
• Use locking - Enabling automatic locking
• Allowed types of average orders - Allowed types of averaging orders that the EA will open
• Trend filtering for average orders - This variable regulates the trend filters of the EA
• Volume of average order - Size of averaging orders
• Multiplier to volume - Multiplier for recovering orders
• Step for average - Step between averaging orders. Variable that regulates the minimum step between recovery orders
• Multiplier to step - Multiplier for the step of recovering orders.
• Part to close from a loss-making position - Part of the loss that will be closed from orders of each type when the position is partially closed.
• TakeProfit in money for partial close - TP in money for the current group of orders. The profit from restoring orders is used, as well as the loss, which is part of the volume of " Part to close from a loss-making position " of lots from each type of order from a losing position
• Maximum slippage in points - Maximum slippage in points for opening and closing orders
• Maximum volume of average order - Maximum volume for one averaging order
• Maximum number of average orders - The maximum allowable number of averaging orders of the same type
• MagicNumber of average orders (Should be unique) - The main identifier for averaging orders of the adviser
• Font size - font size on the panel

User's manual: