Loss Recovery Trader

4.54

This robot attempts to recover losing trades.

Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates.

An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels.

Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven.


To use 
1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/Use EA panel/External EA)

2) Configure your recovery region settings (Gap Pips/TP Pips / Lot Calculations)

3) Adjust your risk preferences 

4) All others are optionals


Usage

1. Initial trade Settings 

  • FistTrade option allows you to select the method the first trade opens
    • External_Manual_Trade : Manually opened trade
    • EA_Panel:  Buttons for opening Trades on Screen
    • External_EA_Trade : Opened by an external EA (remember to match the magic numbers between the EAs)
    • Moving Average: A Moving Average strategy
    • Buy /Sell Continuous:  For Non Stop Buy /Sell 
    • Lot: Lot Value
    • Take Profit: Take Profit in Pips

2. Set recovery Settings

  • Recovery Pips Gap: Pips to be lost in order for an opposite direction trade to opened
  • Recovery Profit Pips: Pips to be won by the last trade for the recovery to complet
  • Recovery Trades Type: Instant or Pending (Instant recommended)
  • Set Take Profit At Profit Exit Levels (not recommended) : For selecting if trades will close with TP/SL or instant trades 
If the option is false(as recommended) can configure the following two
    • Min Profit Amount To Exit Trades : Trades to be in profit before closing
    • Protective TP and SL   : A wider TP/SL is added to trades in case MT4 is disconnected 

  • Hedge_Trade_Start: Set at how many trades the recovery shall begin.Good for when using external grid strategies. (Default 1)
    • RecoveryLotMethod option allows you to select the method the Recovery lot sizes get calculated
      • Profit_In_Amount: Once recovery is over the Net Amount Won will be equal to this
      • Multiplier_Addition: Each trade will be a multiple and addition of the previous trade
      • Custom Lots: User can specify own lots modify Lot Size. It is done automatic.

    3. Risk management

    • Max Active Trades: Max trades that can be opened
    • Close Trades When Max Trades Exceeded: If max number of trades is reached and last opened trade is losing the Recovery Pips Gap all trades closes
    • Max Profit Amount : Closes all trades once the account’s total open profit reach this amount
    • Max Loss Amount: Closes all trades once the account’s total open losses reach this amount
    • Max Spread:  Max Spread for trades to be placed.  Is highly suggested to set a max spread to prevent multiple recovery trades when spread becomes abnormal 

    4. Trailing Stop And Break Even (Optional for first trade)

    • Enable Trailing Stop: Enables Trailing Stop For First
    • Trailing Stop Start Level: Activation level in pips
    • Trailing Stop Distance: Trailing stop step in pips
    • Enable Break Even: Enables Break-Even
    • Break Even Start_Level: Break-Even Activation Level in pips
    • Break Even Exit_Level: Break-Even Profit Level in pips

    5. Moving Average (Optional for first trade) 
    EA would open initial trade based on two MAs if selected .
    Buy when Fast MA>Slow MA and vice versa

    • Requires_Crossover: true means trade opens only when the MAs cross
    • MA Fast Period
    • MA Fast Method
    • MA Slow Period
    • MA Slow Method

    6. General

    • Orders Comments: Comments Appearing on Trades
    • EA magic number: When using with external EA ,number should match
    Recensioni 105
    Vitor Salvador
    640
    Vitor Salvador 2020.02.24 02:19 
     

    anyone have a manual?

    Juvenille Emperor Limited
    95726
    Eleni Anna Branou 2018.10.23 09:42 
     

    Excellent product, it can really help your trading and avoid losses. Super fast and prompt support from Michalis, always the best!

    Brian Hudson
    488
    Brian Hudson 2018.06.11 11:38 
     

    Just started using this EA, but so far it's showing positive results. Many customizable features and smart functionality. Its great that i can use it as a stand alone EA or in-conjunction with one another EA. Take your time getting the settings you want and you could have a real winner here. I will update post with trading results in the future.

    Author is a pleasure to work with and responds quickly.

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    4.72 (53)
    Capybara EA è un sistema avanzato e automatizzato che segue il trend basato sull'indicatore Hama. Se il mercato diventa ribassista e l'indicatore diventa rosso l'EA venderà, se il mercato diventa rialzista e l'indicatore diventa blu l'EA acquisterà. L'EA è in grado di rilevare con precisione l'inizio di trend rialzisti e ribassisti e controllerà le operazioni aperte in stile martingala/griglia finché non raggiunge TP. Coppie consigliate: tutte le principali coppie come eurusd; audusd; GBPSD; nzd
    The Infinity EA MT4
    Abhimanyu Hans
    3.77 (31)
    Tecnologia basata sull'intelligenza artificiale con ChatGPT Turbo Infinity EA è un Expert Advisor di trading avanzato progettato per GBPUSD e XAUUSD. Si concentra su sicurezza, rendimenti costanti e redditività infinita. A differenza di molti altri EA, che si basano su strategie ad alto rischio come martingala o trading a griglia. Infinity EA impiega una strategia di scalping disciplinata e redditizia basata su reti neurali integrate su apprendimento automatico, tecnologia basata su intelligenz
    Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this advisor does. He does not guess, but acts only when the market gives a clear signal. Breakdown — and go ahead, with a clear plan for the stop and the goal. The usual breakdown advisor may be wrong. And ours thinks. It uses a neural network that analyzes hundreds of parameters before each entry: not just "has t
    Blox
    Cence Jk Oizeijoozzisa
    5 (2)
    Una delle strategie di trading automatizzato più potenti del 2025 Abbiamo trasformato una delle strategie di trading manuale più efficaci del 2025 in un Expert Advisor completamente automatizzato , basato su TMA (Triangular Moving Average) e logica CG . È disponibile solo un’ultima copia al prezzo di 550 $. Successivamente il prezzo salirà a 650 $ e 750 $, con un prezzo finale di 1200 $. Segnale live >>>>> https://www.mql5.com/en/signals/2347208   Clicca Questo EA è progettato per fornire entrat
    Gold King AI MT4
    Rodrigo Arana Garcia
    5 (1)
    Sono rimaste solo 1/5 copie a questo prezzo ---> Prezzo successivo 250$ // Versione MT5 Gold King AI è stato creato utilizzando TensorTrade, un framework Python open source progettato specificamente per costruire, addestrare, valutare e implementare algoritmi di trading robusti utilizzando l'apprendimento rinforzato. L'algoritmo opera durante la sessione di trading di New York. Dopo aver analizzato il mercato per un paio d'ore per identificare le aree di interesse, inserisce ordini in sospeso c
    Goldzilla Scalping
    Gun Gun Gunawan
    1 (1)
    Goldzilla Scalping M1 Check My portofolio MQL5 Algo Trading Community https://www.mql5.com/en/signals/2351914 Professional Gold (XAUUSD) Scalping Expert Advisor Goldzilla Scalping M1 is a fully automated Expert Advisor (EA) designed specifically for Gold (XAUUSD) trading using a scalping strategy on the M1 timeframe . This EA is built to capture short-term price movements in the highly volatile gold market while maintaining strict risk control and trade discipline . Precision Scalping on M1 Opt
    XAU Flux MT4
    Burak Baltaci
    XAU FLUX - Expert Advisor professionale per lo scalping sull'oro XAU FLUX è un robot di trading professionale progettato per un trading veloce e disciplinato sul mercato dell'oro. È stato sviluppato per i trader che mirano a ottenere profitti costanti dai piccoli movimenti di prezzo giornalieri. Caratteristiche principali: XAU FLUX utilizza un sistema di scalping avanzato che opera sui timeframe M1 e M5 per valutare le micro opportunità presenti sul mercato. L'EA analizza continuamente le condi
    Fundamental Trader
    Sara Sabaghi
    4.82 (17)
    Ziwox Fundamental Trader Ziwox Fundamental trader è un assistente commerciale che aiuta i trader dei mercati finanziari a prendere decisioni intelligenti informate dai dati informativi di EA. Questo EA utilizza fonti online per catturare tutte le informazioni necessarie come la distorsione fondamentale delle valute, il sentimento del rapporto dei trader al dettaglio in tempo reale su una coppia, le previsioni di banche e istituti, i dati del rapporto COT e altri dati in un pannello EA complesso
    Gann Gold EA MT4
    Elif Kaya
    5 (2)
    Live signal   (245% Profit in one month - Deposit 340$ profit 1080$) - Final real price is 999$ - Discount and price is 199$,  Price will be increased after 2 purchases. Welcome, Gold GANN Expert opens automatically trade with Highly profit, Fixed small Stop loss. After purchase, You will receive one more EA for Free! Contact me for this BONUS! (BUY 1, GET 1 FREE) - Lifetime update free No Martingale, No Grid, No Scam I am focused on help my clients, not just earn. The Gann Gold
    Greedy Red
    Mihails Babuskins
    4.34 (29)
    Contact me after payment to send you the user manual PDF file Real monitoring signals:    Please see links on my profile Greedy Red is an Expert Advisor is designed based on Volume Profile FR . Volume Profile FR  calculates volume in price levels (typical volume indicator shows only candle volumes). With the volume of price levels, you can identify important areas that have the potential to reverse. You can also see the volume of support and resistance levels and decide on them. Greedy Red(GR)’
    Gold Trade Pro
    Profalgo Limited
    4.61 (23)
    Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una grand
    Altri dall’autore
    Loss Recovery Trader MT5
    Michalis Phylactou
    5 (3)
    Attempts to recover losing trades. If a trade moves in the wrong direction, the Zone Recovery algorithm begins. An alternating series of Buy and Sell trades at two specific levels take place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades close with a combined profit or break even.  To use  1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/Use EA panel/External EA) 2) Configure your recovery
    Prop Bot X
    Michalis Phylactou
    A versatile trading EA, combining key indicators ( ADX, RSI, MA ) , Hedging and news filter , with extensive customization options for precise strategy execution, backtesting and optimsation.   It can be used on any Symbol/TImeFrame and calibrated accordingly . Features: - Multiple Key Indicator Filters (ADX, RSI, MA). - Grid settings. - News Filter. - Multiple Inputs for Total Control. How to Use the EA: 1. Installation: Attach the EA to the chart. 2. Activate or deactivate indicator filters
    Ice Box Breaker
    Michalis Phylactou
    Ice Box Breaker robot identifies the high and low regions and enters trades to the direction of the market whenever one of these exhibits  a breakout. The robot allows the trader to specify multiple parameters such as the start and end time for forming a high -low trading zone, trading hours and exit times for active trades.   Several other options to filter the entries based on volatility , as well as control for how many active and trades can open in a day. The optimisation parameters allow
    Filtro:
    Simon Akubue
    3484
    Simon Akubue 2023.09.30 12:18 
     

    Better not to say anything

    Vitor Salvador
    640
    Vitor Salvador 2020.02.24 02:19 
     

    anyone have a manual?

    Juvenille Emperor Limited
    95726
    Eleni Anna Branou 2018.10.23 09:42 
     

    Excellent product, it can really help your trading and avoid losses. Super fast and prompt support from Michalis, always the best!

    Brian Hudson
    488
    Brian Hudson 2018.06.11 11:38 
     

    Just started using this EA, but so far it's showing positive results. Many customizable features and smart functionality. Its great that i can use it as a stand alone EA or in-conjunction with one another EA. Take your time getting the settings you want and you could have a real winner here. I will update post with trading results in the future.

    Author is a pleasure to work with and responds quickly.

    Luigi Salvatores Buigues Morillo
    1159
    Luigi Salvatores Buigues Morillo 2018.05.06 02:02 
     

    very good ea .

    transparent author. thanks for your help

    zanctus
    196
    zanctus 2018.04.15 15:41 
     

    This is a great EA that is working as intended! Easy to use and learn. Will help you control and manage the recovery of your losing trades.

    I combine it with another EA that helps me enter trades (using Magic Numbers), and when those trades do not go into profit, LRT EA is setup to help recover the loss.

    Be mindful of your margin requirements and I try to avoid parts moving sideways or consolidating.

    Really recommend! Author is doing a great service.

    Kenneth Xiao
    284
    Kenneth Xiao 2018.01.10 04:28 
     

    good ea ,it saved my account and my ea. thank u .

    HLong P
    677
    HLong P 2017.11.06 15:26 
     

    I am not sure if Memon below even know how to use the EA. It is awesome indeed if you spend time reading the manual and understand how to use it to your own advantage. Nobody can spoonfeed you, especially since it's your own money. I advise you to study it carefully and develop your own strategy. I did, and enjoy LRT tremendously. The vendor's support is also awesome. He is very responsive to your needs. This is from my own experience. I highly recommend it.

    Matthew Winfield
    238
    Matthew Winfield 2017.09.21 15:08 
     

    I disagree with the review below. This isn't a holy grail, there's always risk involved in trading and no LRT/martingale methods are completely fool proof. This is a very comprehensive tool and it's far from a "complete waste of time and money". It does what its supposed to do very well if you take the time to understand it, the premium version even more so with many settings and options to customise. Michalis provides amazing ongoing support.

    Maarten Merkens
    621
    Maarten Merkens 2017.08.31 15:45 
     

    Excellent Tool. I use this together with a custom EA built by Michalis. Very few of my trades end up in need of being recovered, but when they the LRT takes care of things. You can follow my signal here:https://www.mql5.com/en/signals/338774

    Michalis is a very professional seller that provides a high level of support. I can highly recommend the LRT to everyone that is serious about trading. Eliminate Stop-loss and start making profits!

    One note though: it is not fire and forget, not one setting fits all pairs. Read the manual and educate yourself.

    [Eliminato] 2017.07.29 11:03 
     

    L'utente non ha lasciato alcun commento sulla valutazione.

    Eric Vogels
    174
    Eric Vogels 2017.06.22 13:52 
     

    I like this EA very much. It really does recovering for 100%. Support is very good.

    I use to test with Live-accounts and the EA paid for itself.

    /Eric

    Robbie.R
    1655
    Robbie.R 2017.05.16 17:32 
     

    Recommended, five stars for sure. The EA works very good and is well programmed. Michalis is always fast with replies and offers good support. About the strategy of the EA: it works in volatile markets, but you should stay away from ranging markets, will eat up your account fast. If you make yourself familiar with this strategy (yesyes, spend some time...) and it suits you, this is one of the best EA's to apply it

    Olivier Nomblot
    6088
    Olivier Nomblot 2017.04.28 08:25 
     

    bought the EA a while back because it fits in with my hedging theories. I just used it again and I must say it is well programmed and a good compliment to my basic BBSO robot. I would be careful with lot sizes and max lots , tending to be more conservative there ,as this Robot can build up large positions. The best aspect for me is the Bollinger entry . Bollinger has 5 ways to enter the market, the touch and go method ( built in this EA) works along with more complex entries that I personally use in my EAs. The author is obviously a good programmer and judging by the longevity of his product , quality control is very good. I am particularly fond of this algorithm and hedging preferring not to use stops myself . This product facilitates this technique .There are many combinations of entries and exits possible with this EA, so it is well worth investigating. Well done Michalis.

    Cloaked_Wixard
    82
    Cloaked_Wixard 2017.04.19 21:09 
     

    Excellent service that you will always feel somebody backing up you until you familiar with the ea. Needless to say an ea with great potential for consistent profit unlike the other ea such as grid and scalping. This ea offer you great risk management and adjustable desired monthly return if you hardworking enough to try the setting. Remember, great sword provided to a swordsman does not mean he will win the battle, it depend on the swordsman how to utilize the great sword. In this case this ea is definitely a great sword. Premium version is a must if you want to be god level swordsman.

    Update

    Great service as always, solved several issue and technical questions. EA seller possess strong knowledge on forex and MT4. Start profiting using the EA. He will be a long term partner on my trading journey.

    sbucher
    194
    sbucher 2017.04.12 17:03 
     

    The service provided is the best.

    The programmer went way beyond my expectation to help me get started on existing trades.

    I hope the product is a good as the service.

    Martin Braun
    1026
    Martin Braun 2017.03.30 18:19 
     

    Please be aware, it's still a sort of Martingale under the hood, but this won't fail when it continues to go wrong in ONE direction. It will fail when the trend bounces back and forth and your settings are wrong for this particular situation. Also it risks only a fraction of your investment depending on your configuration, but with the wrong configuration it could risk all of your account. The tool is most effective when you use it on charts that don't like to change direction often and you need to take a lot of effort into fine-tuning this thing for every chart and time-frame.

    Long time ago I came to the conclusion that it's better to accept a loss, because at the very end this EA just distributes the risk into that one time, where you are unlucky, so in other words it gives false positives of security. The most important thing is that you need to understand that when this EA starts to recover, you already failed, otherwise you cannot learn your lesson and improve on your trades in the future.

    If you are aware of all that, this EA could support you, but please never wear rainbow glasses thinking you can mess up and it will be fine. Your biggest counter-part is your ego and it likes to trick you, especially when you see only profits in your performance when this EA was launched more than 50% of the times.

    With each time this EA launches, there is a little chance that the trend will give you a big middle finger and pass through the recovery of this EA. So with each time this EA launches you failed and pulled the hedging wheel of Martingale.

    Configuration is key. Try to trade good as if the recovery system isn't there, otherwise you cannot win, even with this EA when it comes to long term.

    Trade safe and stay healthy!

    Ron Ralf Glueck
    335
    Ron Ralf Glueck 2017.03.25 12:44 
     

    Wonderful EA, it does what you want. Best Strategy for every trade. You win every time. Thank you

    16069580
    26
    16069580 2017.02.26 18:12 
     

    It is actually an amazing EA. If you can optimise the EA settings to suit your trading style, there is a lot of profits to be made. I used the rented version for three months and I was still satisfied with it by the end of that duration. I managed to create consistent results with it once I found the right setup.

    Diego Reynoso
    1475
    Diego Reynoso 2017.02.24 18:46 
     

    After using it on a real account for a week i have to say that´s is a great product. Have no Losses. With the correct setup you will see how your account increases. The first days i tried differents setups and finally find the correct one.

    It´s important to leave the EA work and do not touch anything. Dont close any position for yourselve. Let the EA do that. At the end you will see the profits.

    It also important to setup correctly when the recovery starts and revoery exit. I´m using a different from the default, but i think the default settings are almost good for the principals currencies.

    You only have to be patient and beware of the %risk you use. Patience is the secret. Dont pretend double your account in a week. Take it easy and you are going to make very goods profits.

    Great support from Michalis also.

    Thanks for all

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