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Loss Recovery 1 MT4

190 USD

Demo downloaded: 726

Published: 27 February 2021

Current version: 3.0

Loss Recovery 1 MT4

4.6

Experts
Kyra Nickaline Watson-gordon
Version: 3.0
Updated: 27 May 2024
Activations: 10

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 :

Loss Recovery 1 With Smart and Special Hedging Strategy. MT4 Version | MT5 Version
Loss Recovery 2 Using Zone Recovery Strategy. MT4 Version | MT5 Version
Loss Recovery 3 Using Averaging Strategy with Various Risk Control Features. MT4 Version | MT5 Version
Compare Specifications of All Versions. Click Here.

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.

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1807

aworex 2022.06.29 05:48 #

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

747

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.

Alejandro Velazquez 2021.08.09 07:23 #

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

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Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da

499 USD

Definition : TPO is a Time Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words time-price-opportunity (TPO) profiles are histograms of how much time was spent at each price within the span of the profile. By using a TPO chart, you are able to analyze the amount of trading activity, based on time, for each price lev

60 USD

Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT5 Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying Copy from netting to hedge and hedge to netting is supported. Fast and instant copy All settings are input visually. Easy modifying symbol names, prefix, suffix Enable/Disable

50 USD

90 USD

Fundamental Scanner is a Non-Repaint, Multi Symbol and Multi Time Frame Dashboard based on Fundamental Signals Indicator . Fundamental Signals Indicator has a powerful calculation engine that can predict market movement over 3000 pips (30000 points). The indicator is named fundamental because it can predict trends with large movements, no complicated inputs and low risk. Features : Multi-Symbol Support (Support automatic listing of market watch symbols) Multi-TimeFrame Support (Over 7

110 USD

Definition : A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal). Market Profile is best understood as a way to see order in the markets. Market Profile was a way for traders to get a better understanding of what was going on, without having to be on the trading floor. The current indicator is developed based on Easy-to-Use architecture including a wide range of visual settings. Major Features of Indicator : Various Views of Market Profile The indica

60 USD

Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying Copy from netting to hedge and hedge to netting is supported. Fast and instant copy All settings are input visually. Easy modifying symbol names, prefix, suffix Enable/Disable co

50 USD

190 USD

OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these

180 USD

First Scalper is an Expert Advisor based on Scalping, Using the best and safest scalping EA on market. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. First Scalper can trade on all symbols and all time frames, using a special and unique strategy developed by the author. Using EA : General Options Trade Type : Long/Short/Both S

200 USD

90 USD

180 USD

200 USD

Description : VWAP (Volume-Weighted Average Price) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which pair is traded over the trading horizon. Read More. All Symbols and All Timeframes are supported. Indicator Inputs : VWAP Mode : Mode of VWAP Calculation. Options can be selected : Single,Session,Daily,Weekly,Monthly Volumes : Real Volumes,Tick Volumes Price Type : Used price for ca

50 USD

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 /

50 USD

Customized Copy is a Multi-Terminal visual trade copying utility that supports Metatrader4 and Metatrader5 for Trade Copying. You can activate EA on 10 different PCs/VPS. On each PC/VPS can install on Unlimited Terminals. Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying (support over 50 accounts at same time) All settings are input visually. Visual display and modify of copy map and network Each copy path can be used with different setti

100 USD

Note : Free version can be used for trading on Demo Accounts. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different cu

FREE

Definition : VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words volume-price-opportunity (VPO) profiles are histograms of how many volumes were traded at each price within the span of the profile. By using a VPO chart, you are able to analyze the amount of trading activity, based on volume, for eac

60 USD

A utility to close all positions and orders with one simple click at once. Various options are available to filter or select orders and positions : Type of orders/positions : 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 separat

30 USD

Note : Limited version can trade with the volume less than 0.05 lots. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is t

30 USD

50 USD

60 USD

50 USD

Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Note : Free version can be used for trading on Demo Accounts. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-

FREE

An indicator to draw a graph of account current and historical state such as Balance, Equity, Margin, Free Margin, Margin Level, Drawdown, Account Profit, Deposit and Withdrawals. Indicator Inputs : Draw Balance Graph Draw Equity Graph Draw Margin Graph Draw Free Margin Graph Draw Margin Level Graph Draw Drawdown Graph Draw Account Profit Graph Hide Data on Chart and Buffers Connect Gaps by Lines Sign of DDs on Profit Sign of DDs on Loss Tips : The Indicator will draw historical balance gra

60 USD

Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Note : Limited version can trade with the volume less than 0.05 lots. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based o

30 USD

Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) This is Free Version and can be used on Demo accounts only. Use the Full Version for real trading. Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying Copy from netting to hedge and hedge to netting is supported. Fast and instant copy All settings are input visually. Easy modifying symbol

FREE

Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to

990 USD

Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author. The EA

200 USD

60 USD

Filter:

1807

aworex 2022.06.29 05:48 #

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

747

Serge 2022.05.30 09:21 #

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

681

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 2021.08.09 07:23 #

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

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.

Version 3.0 2024.05.27

Added new selection mode : "Multiple Positions With Defined Tickets"

Version 2.2 2023.02.13

Added option to limit volume of each order.
Faster Closing of orders.

Version 2.1 2022.04.22

Added options for notifications and popup alerts
Added more options to close chart feature
Optimized performance of recovering lower volumes of orders

Version 2.0 2022.02.19

- Added Max Spread Filter
- Added Start Recovery option based on Loss Amount
- Added options to setup TP

Version 1.3 2021.09.18

Added
- commissions and swaps for profit calculation (optional).
- Allow to run on Multiple charts with different magic numbers
- Colored arrows shows on real trading chart to demonstrate entry and exit points

Version 1.2 2021.03.26

Error codes changed to Error Clear Texts.

Version 1.1 2021.03.02

Added :
- ATR Option to Determine Distances
- Automatically Close Charts on Start of Recovery.