PriceActionRecoveryBOT
- Experts
- Version: 2.0
- Activations: 5
🎯 Overview
PriceActionRecovery is an advanced Expert Advisor for MetaTrader 4, designed to operate exclusively on Price Action — without the use of oscillators, lagging indicators, or signals derived from complex mathematical formulas. The bot directly analyzes candlestick structure, reversal/continuation patterns, and dynamic support/resistance levels to generate trading signals.
The distinctive feature is the Recovery System , which allows managing losing trades and facilitating a profitable exit when the price returns toward the weighted average, the statistical indicates that all orders will close in positive way and the profit increase step by step because the temporary right direction is only delayed.
Version 2.0 introduces comprehensive Real-Time Performance Statistics displayed directly on the chart, including live profit tracking, historical performance metrics, and session analytics.
H4 Timeframe, XAUUSD, EURUSD preferred
🖥️ Real-Time Performance Statistics Module (NEW in v2.0)
Dashboard Overview
The bot displays a live statistics panel directly on the chart, updated on every tick.
Statistics Display Parameters
| Parameter | Default | Description |
| Show Stats | true | Enable/disable the real-time statistics panel on the chart |
| Stats Corner | 1 (Top-Right) | Position of the panel: 0=Top-Left, 1=Top-Right, 2=Bottom-Left, 3=Bottom-Right |
| Stats Color | White | Text color of the statistics panel |
| Stats Font Size | 8 | Font size for the statistics text |
Tracked Metrics
Current Session Metrics
• Running Time: Elapsed time since bot initialization (e.g., “2h 34m”)
• Current Equity: Live account equity value
• Session Profit: Net profit/loss since bot start
• Current Drawdown: Percentage drawdown from peak equity
Trade Statistics
• Total Trades: Number of completed trade cycles (initial + all recoveries = 1 trade)
• Win Rate: Percentage of winning trades (Wins / Total Closed Trades)
• Profit Factor: Ratio of gross profit to gross loss (Profits / |Losses|)
• Expectancy: Average expected profit per trade (WinRate × AvgWin - LossRate × |AvgLoss|)
Profit/Loss Breakdown
• Total Profit: Cumulative sum of all winning trades
• Total Loss: Cumulative sum of all losing trades (negative value)
• Net P&L: Total Profit + Total Loss (net result)
• Largest Win: Single largest winning trade
• Largest Loss: Single largest losing trade
Recovery Status
• Active Recovery: YES/NO indicator with current recovery count (e.g., “2/4”)
• Average Price: Weighted average entry price of all open positions
• Total Lots: Sum of all open lots in the current recovery cycle
Key Parameters
| Parameter | Default | Description |
| Initial Lot Size | 0.01 | First trade lot size |
| Lot Multiplier | 1.5 | Recovery multiplication factor |
| Max Orders | 4 | Maximum total orders |
| Recovery Pips | 50 | Distance to trigger recovery |
| Stop Loss | 0 (disabled) | 0 = use recovery only |
| Take Profit | 0 (disabled) | 0 = close on profit return |
| Use Trailing | true | Automatic trailing stop |
| Trail Start | 50 | Profit points before activation |
| Trail Step | 30 | Price-to-trailing stop distance |
Recommended Configurations
Forex (EUR/USD, GBP/USD): Lot 0.01, Multiplier 1.5, Max Orders 4, Recovery Pips 50, Timeframe H4
Gold (XAU/USD): Lot 0.01, Multiplier 1.5, Max Orders 4, Recovery Pips 200-500, Min Candle 20-50, Timeframe H4
Warnings
• Sufficient margin: at least 10-20× the margin for the maximum potential lot
• Do not risk more than 2-3% of capital per recovery cycle
• Demo test for 2-3 months before going live
• Friday Filter always active to avoid weekend gaps
