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Loss Recovery 3 MT5

Loss Recovery 3 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 on Break Even or with determined profit.


Trading Strategy:

Loss Recover3 EA try to Recover Wrong Positions, by using Averaging method. There are various features on the EA to control risk of the strategy.


Using EA :

The EA is very simple and without complicated input parameters. There are main parameters must be set:

  • EA Action:
    • Single Position With Specified Ticket (Order ID) : EA recover 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.
  • Consider Swaps Also : For profit calculation
  • Consider Commissions Also : For profit calculation
  • Show Panel : Option to Enable/Disable Live Reporting Panel on Chart.
  • Close Charts on Start of Recovery: Will close all other charts on recovery start to avoid placing/managing orders by other EAs.
  • When to Start Recovery? Three Options : Fixed Points or ATR Points (Start recovery when specified DD in Points occur) / % of Balance / Amount of Loss
  • Distance Mode : Options Available : Constant Points, Distance Based on ATR, Add On Each Step, Multiply On Each Step, Defined Sequences
  • Volume Mode : Options Available : Constant, Add, Multiply, Sequences
  • TP Mode : Options Available : Points, Account Currency, % of Balance
  • SL Mode : Options Available : Disable, Points, Account Currency, % of Balance
  • Maximum Number of Orders : Limit Number of Orders on Each Basket.
  • Maximum Volume of Each of Order : Limit Volume of Each Order When it is Multiplied or Added Frequently.
  • Maximum Volume of Sum of Orders : Limit Total Volume of Orders on Basket. If Reach, EA will not Open New Orders.
  • Minimum Time Distance Between Orders (Minutes) : To Avoid Frequent Orders Opening on Large Market Movements.
  • Time Filter : To define a Time Range for Trading.
  • RSI Filter : Filter Orders Opening Based on RSI Indicator.
  • Candle Trend Filter : Filter Orders Opening Based on Previous Candle Bearish/Bullish Trend and Minimum Size of Candle.
  • News Filter : Ability to Avoid Trading Before/After - Low/Medium/High Impact Events.


Testing EA


For testing the EA you must enter position information in the wrong direction. The EA open a position at time and volume and direction you entered and then starts managing order. 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
    • Position will be opened in market price at time you specified on start date of your testing period.
  • TESTER Wrong Position Direction: BUY or SELL
  • TESTER Wrong Position Volume: Volume of the wrong position (lots)
  • You can optimize EA by changing parameters


Recommendations and Using Conditions :

  • Any Time Frame can be used.
  • 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.
  • To enable News Filter, Visit How to Setup News Filter.



Versions :



We are ready to help you for using the EA, Please don't hesitate to contact us.
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DOW KING EA   Es   un       Sistema accesible totalmente automático   con todos los parámetros de optimización abiertos y un   mecanismo de recuperación. Only 1 Copies of 10 Left  for 345 $ Next Price 799 $  GUÍA DOW King Señales Reembolso del corredor de comisiones Actualizaciones Mi blog Not        Grid       , Not        Martingale       , Not         AI         , Not         Neural Network. Default Settings for One chart        US30 M15 Cada puesto siempre tiene un       SL fijo y TP    
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Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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Gregory Hay
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Bogdan Ion Puscasu
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Darwin Swing MT5
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4.92 (38)
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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4.88 (49)
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Scalper Deriv
Antonio Simon Del Vecchio
5 (9)
Presentamos Scalper Deriv: Elevando tu Experiencia en Scalping. GRAN OFERTA POR POCO TIEMPO Ahora $350, antes $400. Aprovecha ya! Obtén 1 EA gratis (para 2 cuentas de trading) -> contáctame después de la compra. Setfiles y más   aquí ¿Eres de los traders que encuentran su pasión en el scalping y desean aprovechar al máximo su capital? ¡Ya sea que tengas un balance de $20, $200, $2000, $20000 o incluso $200000 en tu cuenta, tenemos la solución perfecta para ti! Te presentamos Scalper Deriv ,
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Kyra Nickaline Watson-gordon
1 (1)
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
Filtro:
Jacare_ASAS
245
Jacare_ASAS 2021.12.09 00:57 
 

Hi Kyra. Thanks for all your great support. Keep doing and improving your EAs, because they are really precise and useful. WBR, ASAS

Moh Lutfi Handayani Mba
531
Moh Lutfi Handayani Mba 2021.09.05 13:29 
 

Hi Kyra I already purchase the EA of Lost Recovery 3 MT5. Please guide me to setup the parameter, to recovery my lost on Nasdaq 100 Sept. Thanks Lutfi

Kyra Nickaline Watson-gordon
46786
Respuesta del desarrollador Kyra Nickaline Watson-gordon 2021.09.07 10:41
Your answer is on PV.
Respuesta al comentario
Versión 1.7 2023.02.14
Added option Enable/Disable FIFO closing rules
Faster Closing of orders.
Versión 1.6 2022.04.22
Added options for notifications and popup alerts
Added more options to close chart feature
Used 2x commission values to cover closing commissions of orders
Versión 1.5 2022.02.19
- Added Start Recovery option based on Loss Amount
- Update due to change of news address from http to https
Change the address of webrequest on terminal settings to https://ec.forexprostools.com/
Versión 1.4 2021.11.03
Added Max Spread Control.
Versión 1.3 2021.09.18
Added
- commissions and swaps for profit calculation (optional).
Versión 1.2 2021.08.11
Updates to make it compatible with the new build of MT5 terminal.
Versión 1.1 2021.03.27
- Added Distance Based on ATR.
- Added Close Charts Option on Recovery Start.