AZ Trade Recovery EA MT4

  • Experts
  • Shammi Akter Joly
    Shammi Akter Joly
    Hello! I’m a passionate Forex trader and software engineer with over 7 years of experience in the financial markets. My journey began as a trader exploring different strategies, and over time, I developed a deep interest in algorithmic trading and MQL programming for MetaTrader 4 and MetaTrader 5.
  • Versão: 1.2
  • Atualizado: 29 março 2026
  • Ativações: 10

AZ Trade Recovery EA MT4 is a hedging-based recovery Expert Advisor designed to manage open positions using a structured Zone Recovery model. The EA applies calculated hedge entries at predefined distance levels (Recovery GAP) and dynamically recalculates a combined Take Profit level for all active trades within the recovery cycle.

The system is designed to manage drawdown through controlled position balancing and configurable lot progression models.

How the Recovery Model Works

  1. An initial trade can be opened manually, by another EA, or automatically by the system.
  2. If price moves against the initial position, the EA places an opposite-direction hedge trade at the defined Recovery GAP distance.
  3. Lot size progression is calculated according to the selected recovery model (Multiple, Custom, AddLot, etc.).
  4. After each additional trade, a new combined Take Profit level is calculated for all open positions.
  5. When market price reaches the calculated target level, all trades in the recovery cycle are closed simultaneously.

The strategy can operate in both hedging and non-hedging (FIFO-compatible) environments.


Initial Trade Options:

The EA supports multiple methods for opening the initial position:

External Manual Trade

Manage manually opened Buy/Sell trades. The EA handles recovery logic and Take Profit calculation.

External EA Trade 

Manage trades opened by another Expert Advisor. The recovery engine takes control of position balancing.

Auto Trading

Automatically open initial trades using built-in strategies:

  • Bollinger Bands
  • Moving Average
  • RSI
  • Heiken Ashi
  • Breakout Trading
  • ADX Trend
  • Ichimoku Pivot Trading
  • Fast Movement Logic

Multiple strategies can be enabled simultaneously.

Instant Order

Opens a Buy or Sell trade immediately based on input selection.

Trade Panel

Displays a lightweight on-chart panel for manual trade execution and management.

Backtest Buttons

Provides Buy/Sell buttons for visual backtesting inside Strategy Tester.


Core Features:

  • Zone Recovery Hedging Mechanism
  • Manual and Automatic Trading Modes
  • Multi-Strategy Entry System
  • Multi-Magic Number Support
  • Fixed or Dynamic Recovery GAP
  • Multiple Lot Progression Models
  • Break Even and Trailing Stop
  • Optional Grid Before Recovery
  • External EA Trade Management
  • Non-Hedge Mode for FIFO Brokers
  • Customizable Loss Management Settings
  • Compatible with Forex, Metals, Indices, CFDs, and Crypto symbols


Recovery Configuration Options:

The EA provides flexible configuration:

  • Adjustable Recovery GAP distance
  • Custom or multiplier-based lot progression
  • Dynamic recalculation of combined Take Profit
  • Optional grid sequence before recovery phase
  • Maximum recovery level control
  • Margin-aware execution logic

Users can configure parameters according to their trading style and account size.


Suitable For:

  • Traders who manually open trades and require automated recovery management
  • Users running strategy EAs that need structured position balancing
  • Accounts that support hedging
  • Traders who want configurable drawdown management tools


Recommendations:

  • Use brokers with tight spreads and fast execution
  • Ensure sufficient free margin for recovery cycles
  • Configure GAP and lot progression carefully
  • Test settings in Strategy Tester before live deployment


User Guide:


Other's Version:

MT5



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5 (1)
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K. Broto
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K. Broto 2026.01.13 12:32 
 

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