PriceActionRecoveryBOT

PriceActionRecovery Bot v2.0

🎯 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


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