The Spread = 0 for ECN account (refer to screenshot below), so please explain why this LR2 EA doesn't work with height = 10.

Also, the 'double recovery order' issue is not coming from the broker.

After the LR2 EA closed the recovery orders with 'TP Mode' setting, one recovery order remained open in the 'Trade' tab.

This new image is screenshot of an empty account. I can not see any open order or any wrong operation on the above image.\

Your reported issue on previous posts was on PRO account and I highlighted spread=13 on your sent screenshot.

The EA works on ALL account Types.

See below example to understand how wrong inputs can destroy the correct operation off the EA  :

BID=1.00600   ASK=1.00613  

Sell order opened at 1.00600, Height=10 points on the EA inputs. So the buy order will be opened if ask>=1.00610. Ask is 1.00613 and the order opens immediately.

This is example to show how multiple orders can be opened immediately if the height input is smaller than the symbol spread.

As usual, you didn't answer to my questions.

What do you mean by 'empty account'? I attached the screenshots above to show you that the LR2 EA didn't close all the recovery orders, properly.

The issues are VERY clear, shall I mention all of them again?

1) LR2 is not working in ECN account, where the spread = 0. Why?

2) LR2 is not working with PRO account and height zone = 10. Why?

Even if the spread is higher than 10, the LR2 should place orders normally immediately every time and should not have TP/SL values on it.

3) LR2 is not closing all the recovery orders properly after reaching 'Target Profit' value. Why?

4) All these issues happened in 2 different broker account (IC Markets and Roboforex). Why?

Please select magic number mode and input 0 as magic number parameter.

Noted. Cheers, mate!

Kyra Hello. Very nice product and works as advertised. One feature to consider adding is a "minimum zone height" to open orders: Reason - the extend zone feature works with negative values and so the zone height decreases (which at times is useful)- however, there is no smallest value and once inside the spread the ea will keep opening orders until the maximum is reached. 

Hi, Ok, I will update the product asap.

Hi,

Is there a possibility to have a profit target, trailing stop for first trade, without starting to recovery? Because most of the time we got it right, but recovery should start only when you have losing positions. Is this something that is included in this EA? Thanks, just bought the EA 2.

The EA does not interfere with the first trade until the defined loss amount reaches. These features must be managed by your original trading EA.

I was wondering, if I’m using another EA, that the target and stop then would be cancelled bij the EA Loss Recovery 2 once the recovery started?

Update: Have tested in DEMO mode with BTC, and the EA takes over and delete the target when EA LOSSRECOV starting to act. Ok. Now I know. Why do I ask? When I take a trade, I put immediately my target. Now when in loss the EA can take over for recovery. So far so good.

Still, if there was a target I could set in the EA LOSS REVOC2 for initially buy/sell, I could trade with just buy/sell. Can this be done? For manual trading could this be a very nice addition.

Well, the only thing I and maybe others need, is one initial target. That's it. When target not is reached, the recovery is taking action. Still very simple. Can you do that? Would be great addition for manual traders. Think of it, we do not need any other device or EA. Only this EA is the only thing we need if we had a target. Thanks for thinking about this addition.

Friend, this is recovery EA and it will manage your positions if they are in losing state.

Well after a few weeks of use, first demo, then for real, this EA is doing what it is supposed to do, for an affordable price. Already tested (real) with the different settings, and again, working like it should working. Not looking to gain lots of pips, but if set in a good, safe way, you can turn your loss into a profit, and look for other trades in the meanwhile! But don’t push this thing, playing small, look for a reasonable small profit after start recovery, if any is the message.

So I purchased this EA a couple of days ago and have it attached to 3 EA’s for testing using the magic number differentiators.  I thought I had all bases covered and today one of them produced a loss which would have been an ideal easy recovery for LR2, but it didn’t engage as you can see below.  I was about write a long essay pleading for help and ask you to check my settings, but then I thought let’s look at the trade history.

Well will you look at that, this damn EA uses 2 separate magic numbers, one that doesn’t appear in the EA property section?  You can see in the previous winning trade the EA did engage but not this one and now I know why.

So now I have another instance of LR2 running to see how it goes.

Folks check your trade history and make visible the magic numbers to make sure you are covered.  Good thing this happened to me early at a low risk setting.

Hi,

It is not clear what you did and what is happened. I need un-cropped screenshots, full history details, Expert/Journal logs, EA settings and a better explanation. So please send these data to help you for correct setup of the EA. For your privacy, you can send them on PV.

Hi Kyra

New question, In the instance of a reversal, does the Extend Zone Hight (in points) need to be less than the TP of the original EA in order for LR2 to erase its TP?  For example the default distance set is 10pips in LR2, however if the original EA has a TP of say 7pips does the extend distance need to be less, for example 6pips?