For You Wealth is a Martingale expert advisor for EURUSD.
It trades in counter trend on qualified enter signal supported by RSI.
Easy to use.
A start balance of 1000 currency units is fine or if you can add to this balance in deeper DD.
Setup with default values on H1 time frame
MagicS1=88710 magicno to use
GBPUSD suspended after deep fall. 300 pips is recoverable, but Brexit can make it impossible to preview. To cover losses an additional EA on EURUSD is setup. It may trade over day and will be active to the point we got back our losses in GBPUSD.
The event this morning is not analyzed yet, i'm sorry for being negatively surprised. I guess there was a very large delay on first profit close. This means function to update current positions will see profit but it's already in a slow process to close.
Up trend of GBPUSD seems to be broken/damaged, we had 25 pips to close trade baskets, but market got against us.. I started recovery process with expert advisor 'TotalRecovery' manually at a 1.31009. We have a DD frozen level of 15% what is a 'comfortable' value to start with. First virtual basket (0.04 out of 1.48) is closed with 4.30 € profit.
EURUSD closed, GBPUSD M1+M5 are both open and about 10%DD each. I Total 16 positions.
I have installed FY Total recovery to control both GBPUSD charts at a time, if you run your own accout consider to press RECOVER manually in both GBPUSD charts as soon as total DD is 25%.
This might be happen at about 1.13060 depending on balance and/or set dynamic position sizes to true.
10% DD is not unusual for GBPUSD, this pair is a diva and meandering a lot.
Let's see if level 1.13090 can be held or...
Expert Advisor FY Total Recovery is a pure recovery system, fully automated.
Please attach to a new chart of the pair to watch/recover to any time frame, M15 is fine.
Your account must be able to create and close hedges and Non-FifFo.
It will not fire trades from its own, but watch and care about positions opened by other expert advisors or manual trades.
It will fire some trades in strategy tester to fulfill metaquotes requirements for product verification and demonstration