Loss Recovery 1 MT4

4.14

Loss Recovery 1 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. This EA places some positions in opposite directions and some positions in direction of wrong position and manages these positions with mathematical methods until recovering total loss of the position.


Using EA :


  • EA Action:
    • Single Position With Specified Ticket (Order ID) : EA recovers only in-loss position with ticket specified in "In-Loss Position Ticket" field
    • All Positions On Account : EA recovers all positions with loss greater than "Distance to Start" field
    • All Positions On Current Chart : EA recovers all positions with symbols equal to attached chart and loss greater than " Distance to Start" field.
    • All Positions With Magic Number : EA recovers all positions with defined magic and loss greater than " Distance to Start" field
  • In-Loss Position Ticket (Order ID) [If Action=Single] : Ticket of existing wrong position specified in "In-Loss Position Magic" field
  • In-Loss Position Magic : Magic Number of Positions you want to recover
  • When to Start Recovery? Points (Fixed), Points (ATR), Percent of Balance, Loss Amount
  • Fixed Distance to Start: Distance in Points to start managing and recovering loss
  • Distance to Start [ATR Multiplier] : Distance Based on ATR Value
  • Loss to Start: Loss on position to start recovering loss
  • Distance of Positions Mode : Points / ATR Multiplier
  • Distance of Positions [Points]: Distance in Points to open next level positions
  • Distance of Positions [ATR Multiplier]: Distance in Points to open next level positions
  • Volume Percent for In-Dir Positions: Volume Percent of Positions in same direction of wrong position
  • Volume Percent for Opp-Dir Positions: Volume Percent of Positions in opposite direction of wrong position
  • TP : Total Take Profit of Basket of Trades. Enter 0 if you want to only recover losses without profit (Break-Even) .
  • Close Other Charts : Closes all Open Charts When Recovery Start (except current chart)



Recommended Values :

    Conservative Mode (Recover Loss Slowly with Low Risk) Fast Mode (Recover Loss as soon as possible)   Recommended Mode
(for EURUSD,AUDCAD,...)  
Recommended Mode
(for GBPJPY,GBPUSD,...)  
Distance to Start
2000 Points
1000 Points
500 Points
1000 Points
Distance of Positions
2000 Points
1000 Points
1000  Points
2000 Points
Volume Percent for In-Dir Positions
50
30
50
50
Volume Percent for Opp-Dir Positions
50
10
50
50



Testing EA :

For testing the EA you must enter position information in the wrong direction. The EA opens a position at time and volume and direction you entered and then starts managing DD. Make sure that after the position opens, the market moves in the wrong direction.

  • EA Action: Set to "Testing Mode"
  • TESTER Wrong Position Time:
    • The time for inserting the wrong position in the format: hh:mm as example: 15:35
    • Positions will be opened in market price at the time you specified on the start date of your testing period.
  • TESTER Wrong Position Direction: BUY or SELL
  • TESTER Wrong Position Volume: Volume of the wrong position (lots)
  • Test EA with large deposit and large volume.
  • You can optimize EA by changing parameters : Distance to Start, Loss to Start, Distance of Positions, Volume Percent for In-Dir Positions, Volume Percent for Opp-Dir Positions.



Recommendations :


     Works best for positions with large volumes. (>0.2 lots).

     You can continue your trading on your account. The EA manages your wrong position and own-opened positions until recovering loss.

     It is recommended to disable any trading operations by other EAs on recovery started positions.

     Make sure you selected "All History" on your terminal "Account History" panel.



Versions :



We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.



Reviews 7
Oner Karaca
146
Oner Karaca 2025.06.21 13:41 
 

This is by far one of the most impressive, intelligent, and reliable loss recovery systems I have ever seen. The EA handles losing positions in a mathematically brilliant way, avoiding the risks of traditional martingale methods by reducing lots strategically. Even when positions remain against the trend for a long time, the system keeps working patiently and efficiently until all losses are fully recovered. I have tested this EA extensively under extreme trending and ranging market conditions, and it works flawlessly in both scenarios. I highly recommend this EA to anyone who is looking for a safe, smart, and powerful recovery solution. Absolutely outstanding. 5 Stars!

aworex
1915
aworex 2022.06.29 05:48 
 

A good product for large-sized / long-term positions. A must-have for serious traders

Serge
796
Serge 2022.05.30 09:21 
 

Good, solid product. Works as explained. Great addition to my trading. Thank you very much Kyra.

UPDATE: I've used this EA for over 2 years now and must admit it's brilliant. It recovers even massive DDs nicely. Just make sure you have funds available to top up your account for Margin requirements. Do extensive testing to make sure it suits your pairs and your risk profile. For me the ATR setting works best due to a good balance between the recovery speed and the account loading. Thank you Kyra.

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Titan AI 4All
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AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
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A utility to close all orders with one simple click at once. Various options are available to filter or select orders : Type of orders : Buy / Sell / Buy Limit / Sell Limit / Buy Stop / Sell Stop Symbol Selection : All / Chart Symbol / Custom Symbols. You can enter custom symbols separated by comma. (for example you can enter EURUSD,GBPUSD,AUDJPY) Order Open Type : Manual Opened / Opened by EA Magic Number : You can enter more than one magic number separated by comma. (for example you can enter
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A utility to close all orders automatically when conditions meet. Various options are available to filter or select orders : Conditions : Closing conditions. 3 different conditions can be defined. EA will close orders anytime one or more defined conditions meet. Conditions can be defined based on account properties or selected orders properties. Also a fixed time to close orders is available. Type of orders : Buy / Sell / Buy Limit / Sell Limit / Buy Stop / Sell Stop Symbol Selection : All / Ch
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Definition : Market View is a dashboard (scanner) to view price graphs of all symbols and all timeframes at a glance. The utility is designed user friendly and added a wide range of customization options. Main features of Market View : Visual settings window on the chart Customizable list of symbols and timeframes Different shapes : Real Candles, Schematic Candles, Arrows Customizable number of candles Changeable size of dashboard (scanner) Highlight timeframes with gaps on candles Open approp
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Oner Karaca
146
Oner Karaca 2025.06.21 13:41 
 

This is by far one of the most impressive, intelligent, and reliable loss recovery systems I have ever seen. The EA handles losing positions in a mathematically brilliant way, avoiding the risks of traditional martingale methods by reducing lots strategically. Even when positions remain against the trend for a long time, the system keeps working patiently and efficiently until all losses are fully recovered. I have tested this EA extensively under extreme trending and ranging market conditions, and it works flawlessly in both scenarios. I highly recommend this EA to anyone who is looking for a safe, smart, and powerful recovery solution. Absolutely outstanding. 5 Stars!

Жалгаскали Усенгалиев
576
 

на демо счете золото евро закрыл позиции на минус.два дня не мог закрыть позиции других валют.настройка по умолчанию как автор прописал.безполезный

Kyra Nickaline Watson-gordon
56366
Reply from developer Kyra Nickaline Watson-gordon 2024.09.23 09:32
Of course wrong setup and usage of the EA can fail the operation. If you need help, you can send more information about your issue to help.
aworex
1915
aworex 2022.06.29 05:48 
 

A good product for large-sized / long-term positions. A must-have for serious traders

Serge
796
Serge 2022.05.30 09:21 
 

Good, solid product. Works as explained. Great addition to my trading. Thank you very much Kyra.

UPDATE: I've used this EA for over 2 years now and must admit it's brilliant. It recovers even massive DDs nicely. Just make sure you have funds available to top up your account for Margin requirements. Do extensive testing to make sure it suits your pairs and your risk profile. For me the ATR setting works best due to a good balance between the recovery speed and the account loading. Thank you Kyra.

Michael Beek
688
Michael Beek 2022.03.13 12:57 
 

I previously had a Recover EA, which constantly caused a high drawdown. This often went with the complete loss. Now I've rented LR 1, and got rid of that high drawdown within two weeks. Of course, this also depends on the market. But the working method of the LR1 EA, as far as I can judge this after 2 weeks, gives hope for the future.

Alejandro Velazquez
68
Alejandro Velazquez 2021.08.09 07:23 
 

Muy buen producto. Bien diseñado, definitivamente es indispensable para operar con mayor seguridad. Excelente y sigan mejorando.

mnafraz
82
mnafraz 2021.05.19 16:36 
 

Good product but I believe price is a bit on the higher side. Recovery must start at 20% DD as DD doubles during the process. 0.01 lot sizes dont do well minimum 0.1 advisable. TP line is a must to avoid negative closure of trades. Overall nice product to manage unexpected moves.

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