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AW Recovery EA MT5

4.25

The Expert Advisor is a system designed to restore unprofitable positions.

Simple setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one instrument.

The system of automatic calculations will allow you to prepare settings in a few clicks. The use of closing losses in parts allows you to reduce losses with a smaller load of the deposit, which ensures safer work with losses, in contrast to grid strategies that close orders only in whole groups.


Advisor Instructions -> HERE / MT4 version -> HERE 


Advantages:

  • Suitable for processing both a small number of orders and large grids of unprofitable orders
  • Simple configuration system with powerful functionality
  • It can be used to recover losses from individual EAs, and automatically start recovery when a certain loss is reached
  • Restoring a losing position in parts for a smaller deposit load
  • Advanced trend filtering algorithm
  • Powerful combination of locking and partial closing of losses
  • Large number of built-in protective functions


How to trade with an advisor:

Step 1: Adjust pitch and volumes

Adjust the volume of the first averaging order
Set up step for averaging orders
Customize   the relationship between averaging and closing and their volumes

    Step 2: configure additional features

    Select the period for the trend filter (If applicable)
    Select a multiplier for averaging orders
    Select Take Profit to close parts of a losing position with a specified profit

      Step 3: Disable other advisors

      Disable other EAs working with these orders
      Or let AW Recovery turn off these advisors yourself
      Or work without locking

        Important information! Test your drawdown before launching, you can do this using the "Visualization" mode in the strategy tester. The EA will open orders only if there is an open unprofitable position for recovery.

        When starting the strategy tester, the EA will open a random order for subsequent recovery.


        Input settings:

        • Type of the launch - Variable defining the type of launch of the advisor
        • Drawdown in money to start - The amount of drawdown in money after which the advisor will start recovery
        • First ticket for recovery (0-not used) - The ticket of the order that will be processed in the first place
        • Work with selected MagicNumber   - Restore orders of the selected magic number
        • Magic for recovery (if used)   - Magic number for a losing position
        • Disable another EAs at launch - Module for disabling other advisors
        • Use locking - Enable automatic locking
        • Allowed types of average orders - Allowed types of averaging orders that the EA will open
        • Trend filtering for average orders - This variable adjusts the advisor's trend filters
        • Volume of average order - Size of averaging orders
        • Multiplier to volume - multiplier for restoring orders
        • Step for average - Step between averaging orders. Variable that regulates the minimum step between restoring orders
        • Multiplier to step - Multiplier for the step of restoring orders.
        • Part to close from a loss-making position - The 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 "Part to close from a loss-making position" lots from each type of order from a losing position
        • Maximum slippage in points - The maximum allowable slippage in points for opening and closing orders
        • Maximum volume of average order - The 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 the averaging orders of the EA
        • Font size - the size of the font on the panel


        Technical support

        Use the helpdesk for questions or support. Write to our AW Trading team at support@aw-trading.com


        Reviews 16
        Phoutsamay Tonmany
        299
        Phoutsamay Tonmany 2022.03.23 04:32 
         

        Great product! :)

        Erwin B
        139
        Erwin B 2022.03.21 15:08 
         

        Awesome EA. saved my live account as well!! great job on this one. highly recommend it to everyone as well.

        Ting-Hui Wu
        162
        Ting-Hui Wu 2022.01.26 00:31 
         

        Excellent EA, save my live accounts, recommend it to everyone~

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        Filter:
        chpol8 POL
        555
        chpol8 POL 2022.04.23 16:47 
         

        User didn't leave any comment to the rating

        Oleh Sharpan
        356
        Oleh Sharpan 2022.04.17 21:12 
         

        User didn't leave any comment to the rating

        fobot
        143
        fobot 2022.03.29 10:58 
         

        There seems to be a bug with this EA. If you restart the terminal the EA forgets all its exiting trades and starts again, even when the Magic Number is the same. I restarted my terminal by mistake and the EA closed part of my well positioned locking trade, because it previously had other badly positioned Recovery Average trades open, which was not desirable. EA's should be able to restart gracefully as there are various reasons you may choose to restart your terminal or stop and start the EA. Due to this large bug I can only give this a 2 star rating. I will update my review if this is fixed and after I have tested the recovery entry points more in the live market. It gets the extra star because the entry logic in the back testing I have done seems quite good compared to other recovery tools I have tested. It looses 3 stars because it goes not recovery gracefully when you stop and start it for any reason, which is a design flaw.

        Commenting to the reply here: No I did not change the magic number - I can send you the logs if you want - and no I did not change the settings. I simply closed the terminal and then opened it immediately. As it opened the EA activated and closed part of the profitable locking trade as it was the only trade that had a profit. The Recovery Average trades that the EA had opened where all at a loss, but they remained open. In short, instead of continuing from where it left off, by looking at the Magic Numbers, it as you said, just closed a winning trade to get the system into a locked state. The bug is that it counted its own Recovery Average trades in the lock calculation and then ended up closing part of its own lock. I am not sure anyone would expect or want this, as it means that you can never restart the system while it is recovering because it will always restart the entire process. I am happy to talk more in a private chat if you are willing to understand and resolve this bug.

        Alexander Nechaev
        58119
        Reply from developer Alexander Nechaev 2022.03.29 11:18
        Hello, If you launched the adviser, then it will start its work. Our product handles positions in the same way, regardless of whether the EA has just been launched or has been running for some period of time. You wrote that you accidentally launched it - in case you launched the product, it will start working and start it from setting the locking position. The closures that you described are possible if you changed something in positions or settings. I note that from the side of our product there are no bugs that occur during reboot. Speaking to the point, the adviser cannot close a locking order to close averaging orders. Most likely you changed the magic number for average orders to restore them. In this case, the adviser sent part of the profit from the locking position to close part of the unprofitable elements. This action occurs when the product is launched only. From what you wrote, I can see that the EA was brought out of the lock state either by adding averaging orders to the recovery basket(inputs changed), or there was interference with the work of the EA, that is, you either manually closed something or used a different algorithm for this. We do not recommend interfering with the work of our algorithm, so as not to create a conflict between the algorithms. But in your case, I assume that you have changed the magic for averaging orders. If position already in lock - adviser will not close part of it at enable.
        Phoutsamay Tonmany
        299
        Phoutsamay Tonmany 2022.03.23 04:32 
         

        Great product! :)

        Erwin B
        139
        Erwin B 2022.03.21 15:08 
         

        Awesome EA. saved my live account as well!! great job on this one. highly recommend it to everyone as well.

        105491
        22
        105491 2022.02.17 11:09 
         

        It does not work for me and in silent mode why and the solution

        Ting-Hui Wu
        162
        Ting-Hui Wu 2022.01.26 00:31 
         

        Excellent EA, save my live accounts, recommend it to everyone~

        Nilson Nigro
        21
        Nilson Nigro 2021.08.13 05:19 
         

        Alex, good morning... how are you?

        I'm having difficulties understanding the functioning and make the correct setup of the EA. Do you have any video on Youtube explaining how to setup the EA? If OK, could you please send me the link?

        The AW is not opening orders here… I believe I started them with the wrong setup.

        If I turn off these EAs that are working now and start another EA with another Magic Number will this new EA consider the orders of the old one that is at a loss to recover?

        If I put “only buys” and leave the trend filter “true” will the EA only open buy orders when the trend filter allows?

        I await your return.

        Thanks

        Alexander Nechaev
        58119
        Reply from developer Alexander Nechaev 2021.08.13 19:46
        Hello, I answered you in the product discussion and in personal correspondence. I hope my answer will help you.
        Marcel Machado Gumiero
        394
        Marcel Machado Gumiero 2021.04.09 15:09 
         

        Don't buy; it does not live up to what you backtest; it depends on another EA for you to pair to create functioning... horrible!

        Alexander Nechaev
        58119
        Reply from developer Alexander Nechaev 2021.04.09 15:51
        Hello,
        Our product does not depend on any other advisor. That is, all the restoration of a losing position is carried out using our product. I suppose that most likely there was some misunderstanding about how the advisor works. I wrote to you through the PM a request for an explanation of what exactly seemed to you incorrectly or poorly working. Please answer me, I will help you set up the advisor and also explain how the advisor works. Best Regards
        vitalih
        143
        vitalih 2021.03.24 10:09 
         

        good job

        Den Den
        83
        Den Den 2021.03.10 20:07 
         

        EA works well to recover my crazy trades.

        MARTIN AFAMEFUNA HILARY OBIANODO
        823
        MARTIN AFAMEFUNA HILARY OBIANODO 2020.12.30 11:22 
         

        Great Author, Great EA..

        Kadek Oka Mahendra
        307
        Kadek Oka Mahendra 2020.09.13 13:47 
         

        https://www.mql5.com/en/signals/828511 this my signal with add on ea. "add on EA : always open 1 side buy and sell if there is no trade" the rest is done by AW Recovery EA MT5 lets see the performance good luck . . . .

        Adem Veapi
        452
        Adem Veapi 2020.08.24 11:51 
         

        tested with demo account in the past 2 weeks. to this day i get very good results.

        RDI
        1482
        RDI 2020.06.06 16:40 
         

        User didn't leave any comment to the rating

        Yong Ket Hoong
        406
        Yong Ket Hoong 2020.05.29 08:06 
         

        Managed to save my lossing order from 40% drawdown till fully recovery within 3 days.

        Not bad I would say, just need to spend sometime to study the parameters to suit individual need.

        Due to the averaging method, any start up with more than 50% drawdown will take more margin eventually, so start plan it even before you reach that level.

        Reply to review
        Version 2.30 2021.05.04
        - Added the ability to select the first position for recovery
        Version 2.10 2020.12.04
        - General code optimization
        - Added the ability to restore a separate MagicNumber
        Version 2.0 2020.11.06
        - Added Spread Limit for opening orders
        Version 1.60 2020.07.30
        - Update of the Only Sell and Only Buy operating modes
        Version 1.50 2020.07.27
        Fixed a bug in the "Only Close" mode
        Version 1.40 2020.07.25
        - Fixed a bug with changing volumes of some input variables
        Version 1.30 2020.06.15
        - Fixed typo in text labels of volumes of averaging orders
        Version 1.20 2020.06.07
        - Added the ability to work on a separate MagicNumber. In the variable "MagicNumbers for recovery", if necessary, you can enter the list of Magic numbers for recovery, separated by commas ",". If no values are entered in the variable, the EA will work with all orders of the symbol.
        Version 1.10 2020.05.28
        - Fixed error updating data on spread and drawdown in the EA panel