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Recoil

Trade Strategy:

The Trade Strategy is based on the fact that a rollback comes after "a strong" movement. Indicators are not used, only price is analyzed. Input parameters (eMovement, eRecoil, eTakeProfit, eNextTrade, eRiskMove) are specified for 4-digit quotes. If the Expert Advisor operates on pair which has 3- or 5-digit quotes, the Expert Advisor will multiply that values by 10 itself.

The Expert Advisor places pending orders by averaging the price if the movement is against us. You can limit how many times the volume can be increased. The Expert Advisor analyzes input parameters and in case they contradict each other, the Expert Advisor won't be started showing the corresponding message. Input parameter eIsRisk defines trade volume of the Expert Advisor: 0 - fixed lot, 1-5 lot increases depending on free margin size (1-5 percents).

The Expert Advisor show messages in 5 languages (EN-English, RU-Russian, DE-German, FR-French, ES-Spanish). When trading in the "Order execution by market" mode, Take Profit and Stop Loss are place for open positions. The Expert Advisor can perform deals either with one pair (eIsMulti=false), or with several pairs (eIsMulti=true). In latter case the input parameters are loaded from a file.

File format:

[EURCHF]
eCalcPeriod=24
eMovement=250
eRecoil=100
eTakeProfit=50
eNextTrade=50
eLot=0.1
eKolTrade=3
eKoeff=1.7
eSlippage=2
eViewLogs=0
eTimer=60
eIsRisk=5
eIsMod=0
eRefilling=3
eRiskMove=100
eRiskPeriod=20
eCheckMarginInit=1
eMaxOpenPosition=12
[XXXXXX]
eCalcPeriod=XX
........
eMaxOpenPosition=12

The file should be placed in the folder \\MQL5\Files\MultiBoot(Recoil.txt).

File example:

[GBPUSD]
eCalcPeriod=24
eMovement=150
eRecoil=50
eTakeProfit=50
eNextTrade=30
eLot=0.1
eKolTrade=4
eKoeff=1.5
eSlippage=2
eViewLogs=1
eIsRisk=2
eIsMod=0
eRefilling=5
eRiskMove=75
eRiskPeriod=22
eCheckMoneyInit=1
eMaxOpenPosition=3
[EURUSD]
eCalcPeriod=108
eMovement=225
eRecoil=70
eTakeProfit=100
eNextTrade=60
eLot=0.2
eKolTrade=1
eKoeff=2
eSlippage=2
eViewLogs=1
eIsRisk=0
eIsMod=0
eRefilling=4
eRiskMove=75
eRiskPeriod=10
eCheckMoneyInit=1
eMaxOpenPosition=3

The Expert Advisor has flexible settings, so each trader can adjust it to their own work style. A good solution for those who want to get a ready-made Expert Advisor for less money.

Input parameters:

  • eLang - language of messages (EN, RU, DE, FR, ES);
  • eIsMulti - false - regular mode, true - multi mode;
  • eCalcPeriod - period for watch movement search;
  • eMovement - movement in points;
  • eRecoil - rollback in points;
  • eTakeProfit - profit in points;
  • eNextTrade - number of points before the next deal;
  • eLot - initial lot;
  • eMagic - magic number;
  • eKolTradeIncrease - deal, with which the volume start to increase;
  • eKoeff - lot increase rate;
  • eSlippage - slippage size;
  • eViewLogs - show log: 1 - Yes, 0 - No;
  • eTimer - number of seconds for the timer to trigger if eIsMulti = true;
  • eIsRisk - lot increase depending on the free margin size - (1-10) percent (can be fractional, e.g. 1.5%), 0 - do not increase;
  • eIsMod - use modification: 1 - Yes, 0 - No (places profit according to fractal, which is below our position; it allows increasing the number of profitable trades);
  • eRefilling - number of lot increases after the first deal;
  • eRiskMove - big movement, after which it is better not to trade;
  • eRiskPeriod - time to wait (0-no filter);
  • eCheckMoneyInit - check whether you have enough money for a series of deals (at initialization of the EA);
  • eMaxOpenPosition - number of positions opened simultaneously if eIsMulti = true;
  • eFile - file for loading the input parameters if eIsMulti = true;

The Expert Advisor default parameters are set for GBPUSD.

MetaTrader 4 version can be downloaded from here: https://www.mql5.com/en/market/product/1450

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⭐⭐⭐⭐⭐ Speed magic New MT5 Live signal   The MT4 version came out much earlier and has already received user reviews.  Roboforex   is a recommended broker with excellent conditions and up to 120% bonus on account replenishment Русскоязычное описание Telegram band Speed Magic .set files and expert settings Speed magic New - This is a  completely new trading system  to achieve the  fastest possible profit  . This is a   mixture of  one of the best time-tested trading systems with the add
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QA Magic Recovery and Trade MT5
Volha Loyeva
MT4 версия Be sure to install the .set file MT5 версия QA Trading - стратегия торговли основана на исторически сложивщихся аксиомах формирования зон перекупленности и перепроданности. В советник встроена автораская система определения точек входа в рынок для подтверждения которых применяются показатели некоторых индикаторов.  QA Trading - абсоютно новый авторский продукт на рынке Forex, который отлично адаптируется под любые рыночные уловия благодаря своей "гибкости" и "находчивости".  QA T
199 USD
Kyoto MT5
Ruben Octavio Gonzalez Aviles
⛩  Kyoto is a fast and dynamic algorithm with more than 98% profitable trades in a historical backtest. It usually opens multiple trades per week and closes them mostly within the same day. 📣  Introductory offer: Only the next 6 copies of this EA will be sold at the current price.  📣 The price will increase after this threshold. NO m artingale, smart recovery, grid trading or averaging in this algorithm.Be careful with such methods as they can quickly wipe out your portfolio. Recommended Broke
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Aint No Trend MT5
Evgeniy Scherbina
Ain't No Trend is a neural advisor trained to trade with 16 symbols: AUDUSD, CADJPY, EURGBP, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDNOK, USDSEK, USDSGD, XAUUSD (or GOLD). Conservative signal: https://www.mql5.com/en/signals/857787 Aggressive signal: https://www.mql5.com/en/signals/891778 If your symbols have a suffix (ex: EURUSD_i), you should set the value of Suffix accordingly. Otherwise the advisor will not work. The advisor uses target levels incorporate
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Exp TickSniper PRO FULL
Vladislav Andruschenko
Exp-TickSniper -  high-speed tick scalper with auto-selection of parameters for each currency pair automatically. Do you dream of an adviser who will automatically calculate trading parameters? Automatically optimized and tuned? The full version of the system for MetaTrader 4:   TickSniper  scalper  for MetaTrader 4 The EA has been developed based on experience gained in almost 10 years of EA programming. The EA strategy works with any SYMBOLS. The timeframe does not matter. The robot is based o
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Blazar MT5
Vsevolod Gorkovtsov
First 2021 sale! Blazar available only at $299 , 1 day left! Price will go up to $399 after the sale Blazar is a fully automated trading system on the most popular major currency pairs: EURUSD , GBPUSD , USDJPY M5 . It's pure Price Action mean reversal system that exploits peakedness of market distribution to safely identify trend reversals Every trade is protected by Stop-Loss The EA can work in 2 modes : Normal Mode - trading classics: 1 signal = 1 trade. No martingale , grid or hedging is
299 USD
Sun AI MT5
Arthur Hatchiguian
🔥 Sun AI  is an aggressive  scalper  that uses an algorithm generated by my own  machine learning  system.  It was built on more than 10 years of EURUSD history, which makes it reliable and accurate . The EA uses a  martingale system  to close positions. An  autolot & a security system  are integrated.  4/10   copy sold at   199$ . Next price: 299 $  (first price 199$) ⚠️  This EA only works for EUR/USD M1 ⚠️ The minimum deposit is  300$ (be careful to convert correctly for other currencies).
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FF3 Scalper MT5
Valerii Gabitov
To keep abreast of the latest news and settings, join the telegram group:  ENG  https://t.me/moderntehnology RUS  https://t.me/dynamictime Please read the description in full and if you still have questions, please write to me in private messages! Before opening each trade, EA checks the trading leverage of the account as well as the margin level. I do not recommend using more than 1: 100 leverage, please be aware of the risks. The EA will not open a volume that will lower your margin to less
280 USD
VR Smart Grid MT5
Vladimir Pastushak
⭐   VR Smart Grid is a multi-functional expert advisor for the MetaTrader 4 and MetaTrader 5 terminals that allows you to trade using order grids. The algorithm of the expert advisor allows you to trade both with the trend and against the trend. Trading with the trend is structured in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The advisor ha
139 USD
AW Recovery EA MT5
Alexander Nechaev
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 o
145 USD
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Version 2.61 2015.03.27
Code optimization.
Version 2.55 2013.08.20
The Expert Advisor now has a custom optimization criterion "Custom max".