ManualRecoveryBETrailingXAUUSD

Product Name: Smart Recovery Manager XAUUSD v4.0 Category: Utilities > Trade Managers

Description:

The Ultimate Semi-Automated Trade Manager for Manual Traders

Are you a manual trader who loves finding the perfect entry but struggles with managing trades when the market goes against you? Smart Recovery Manager XAUUSD v4.0 is an advanced semi-automated utility designed to take the emotion and screen-time out of trade management.

Specifically optimized for highly volatile pairs like XAUUSD (Gold), this Trade Manager acts as your personal trading assistant. You take the first step by opening a manual trade. If the market moves in your favor, great! But if it reverses, the Smart Recovery Manager instantly takes control. It automatically builds a strategic recovery basket, applies Breakeven, executes Trailing Stops, and closes everything once your desired USD profit is reached.

🔥 KEY FEATURES:

• Semi-Automated Workflow (Magic Number = 0): The EA automatically detects any manual trade you open from your PC or mobile terminal and instantly begins monitoring it.

• Smart Grid Recovery: Automatically opens recovery trades (in the same direction) at a predefined point distance to average out your entry price.

• Total Risk Control: Limit your exposure by setting a strict Maximum Trades limit (e.g., max 3 trades per basket) and a Hard Stop Loss in USD.

• Basket Profit Target: Automatically closes the entire basket of trades the moment your combined Target Profit (in USD) is achieved.

• Dynamic Protection (Breakeven & Trailing): Protects your capital by automatically moving the stop loss to breakeven and trailing the price to lock in profits (Applies to recovery trades).

• Robust State Recovery: Terminal crashed? VPS restarted? No problem. The EA automatically scans for active manual trades and recovery baskets upon restart, resuming its management flawlessly.

• Manual Closure Protection: If you accidentally close your initial manual trade, the EA smartly detects the action and cleans up any remaining recovery trades to protect your account.

⚙️ HOW IT WORKS:

1. Attach the utility to your XAUUSD chart.

2. Customize your recovery distance, max trades, and target USD profit.

3. Open your first trade MANUALLY (Buy or Sell).

4. Step away from the screen. The EA will manage the basket, apply trailing stops, and secure your profit automatically!

📊 PARAMETER HIGHLIGHTS:

• Recovery Settings: Distance in points, Max Trades allowed, Custom Lot Multipliers for the 2nd and 3rd trades.

• Profit & Loss: Basket Profit (USD), Basket Stop Loss (USD).

• Trailing Settings: Enable/Disable Breakeven, Breakeven Trigger, Trailing Start, and Trailing Step.

Note: This is a Trade Manager Utility, NOT a fully automated bot. It requires the user to open the initial trade. Always test the settings on a Demo account to find the optimal recovery distance for your trading style before using it on a live account.

"If you like this manual recovery tool, check out my Fully-Automated Trading EAs that can generate entries for you

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