ManualRecoveryBETrailingXAUUSD

1

ManualRecoveryBETrailingXAUUSD is a semi-automatic trade management tool designed to manage positions using a grid-averaging and basket-closure algorithm. This utility can be used for manual trades or in conjunction with other Expert Advisors to handle drawdown recovery.

The EA is optimized for high-volatility symbols like XAUUSD (Gold). Once an initial trade is opened, the EA manages subsequent recovery orders based on user-defined parameters to reach a combined profit target.

Technical Features:

  • Basket Recovery Logic: Automatically executes additional orders at specified distances when positions move into drawdown.

  • Profit Target (USD): Closes all symbol-specific positions once the total floating profit reaches the target amount in account currency.

  • Break-Even & Trailing Stop: Includes built-in functions to secure profit and move stop-loss levels based on price movement.

  • Magic Number Filtering: Can be configured to manage manual orders (Magic 0) or specific EA orders by magic number.

  • Order Cleanup: Option to remove existing SL/TP from managed orders to prevent execution conflicts during recovery.

Operation Guide:

  • Target Magic Number: Use 0 for manual trades, or -1 for all trades on the current chart.

  • InpBasketProfitUSD: Monetary target for closing the entire basket.

  • InpRecoveryDistancePoints: Minimum distance in points between recovery orders.

  • InpMaxRecoveryTrades: Maximum allowed recovery orders to manage margin exposure.

Risk Disclosure: Grid-based trading and averaging strategies involve significant risk. Market trends can lead to substantial drawdowns that may exceed account balance. It is mandatory to use a DEMO account to understand the EA behavior, recovery logic, and margin requirements before considering use on a live account.

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Neil Richard Pinheiro
425
Neil Richard Pinheiro 2026.04.18 06:29 

After 1 early success that made me give a 5 star rating and gave me high hopes for the EA, disappointingly my Demo Account went from a 15% Draw Down to the account totally lost. So I have revised my 5 Star rating to a 1 Star rating.

Channaphat Yamuangmorn
1563
Resposta do desenvolvedor Channaphat Yamuangmorn 2026.04.18 07:23
Thank you so much for this fantastic review and for testing the EA so thoroughly! It has been an absolute pleasure discussing trading strategies with you. Your sharp observations and detailed feedback directly helped shape the new features in Version 4.40, making it a much stronger tool for everyone. I completely agree with your advice as well—always test on a Demo account first to fully understand how the Recovery logic works. Thank you again for your support, and I wish you continued success with your trading
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