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Recovery Algorithm

If you want to be successful, it is necessary that you follow these two rules:

  1. You need to understand exactly how the algorithm works. Calculate the exact proportion with your TP, SL, Recovery/Hedge zone and the multiplication factor.
  2. Everything must be mathematically correct so that the algorithm makes you come out in favor even if you make a wrong turn in the market. The only phases of "Market Ranges" are really avoided, as to be able to close trades we need volatility. The risk would be to stay too long ranging phase. These ranging phases are dangerous if you are using a multiplication factor of 1.5x with a TP ratio smaller than 1/3. In a case like this, you better either take this loss intelligently, or limit the number of reverse trades, or simply cut the next stop order so that no more reverse order assets. All this, of course, combined with a smart money management.


EA Description

You open a manual trade of 1 lot with a TP 40 pips and SL 20 pips for example. Then the Recovery algorithm will need a Recovery/Hedge zone of ​​20 pips and for manual trade TP 40 pips, SL 60 pips + spread 2 pips= 62 pips. So the algorithm will automatically place a stop order in the opposite direction of the manual trade, with the same TP 40 pips and SL 62 pips, for that the mathematical proportions are correct.

In addition, it will use an x2 multiplier. With a Smart management you are the winner of this Trade. With a 1.5x factor, you would have a loss of 2 pips. But if you use a 1/3 ratio for your trades, with a multiplier of only 1.5x, this will give with 1 lot: Recovery zone 20 pips, trade manual TP 60 pips. If the TP is hit, it will be 600. But if it goes to the other side and touches the stop order reverse and TP, this will make you a loss of -800; a profit of +900 and thus a net difference of +100. If this description seems unconvincing, but you are interested and want to understand how my algorithm works, I invite you to see my screenshot.

The Recovery Zone is clearly explained. It is in this way that my mathematical Recovery Algorithm works. Best to use on a VPS.


Parameters

  • Only chart symbol - True (the EA will work in the selected currency pair on 1 chart and 1 trade). If false the EA will work on all open trades with the same settings but only one trade per currency pair will be possible. 
  • Max Slippage (in points) - default 3.
  • Alert &Sound on open and close - if true you will have a popup alert with a sound alert.
  • Hedge Distance pips - 30 pips default (this is the recovery zone).
  • Hedge lot multiplication - 1 default (best is 1.5, 2, 2.5 or more with your own risk management).
  • Max reverse enabled - True/false. 
  • Max reverse after manual entry - 5 if true the EA will open max 5 reverse trade after the manual trade and not more. 
  • Manual: take profit in pips - 60 default max pips win.
  • Manual: stop loss in pips – 90 default max lose pips.
  • Reverse: take profit in pips – max pips win 60 default.
  • Reverse: stop loss in pips - 90 default. 
  • Trailing stop enabled - if true the EA will move the stop loss from the manual trade to the current price to lock profits. 
  • Open trading session - must be 0.
  • Close trading session - must be 2359.


Author

Sami Derti is a passionate trader that have studied different trading courses with success and have been a student trader for more than 6 years to finally become a professional trader.

Comentários 1
Carlos Andres Perez Lezama
178
Carlos Andres Perez Lezama 2018.09.04 17:23 
 

An excellent tool that helps you get benefits even if the price goes against you, the idea is to have a good risk management and avoid the times when the market is in range, I recommend using TF 1H.

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default settings:     EURUSD M5 email:                    lleonea.com@gmail.com telegram for pm:    @leontolstoy This is a fully automatic trading robot that does not require the intervention of a trader is divided into control blocks that contain more than 70 smart functions for controlling the trading process. ✔ How is Stenvall Invest better than others ? ☑ We do not use a beautiful word with pictures, Stenvall Invest is really a technological robot that has a complex code. Read about
1 299 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, then we see an high resistance to slippage Spider  Crazy Pro 
295 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5
295 USD
Pinpoint EA
Ryan Brown
The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! INPORTANT! The Pinpoint trades on the GBPUSD and EURUSD M15 timeframe ONLY! Makes sure and change the settings according to the EURUSD photo when trading the EURUS
347 USD
Falcon Scalper Pro
Michela Russo
Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   or email ! The E
295 USD
VR Smart Grid
Vladimir Pastushak
Conselheiro VR Smart Grid é uma ferramenta profissional para negociação na grade de ordens em instrumentos financeiros. O algoritmo do programa é organizado de tal maneira que o orientador usa o sinal não do preço atual, mas do preço do canal. Um algoritmo especial calcula o canal e a faixa de preço por analogia com o canal Donchian e gera sinais com base nele. O código especial processa o canal, construído de acordo com os altos e baixos dos últimos períodos, na busca pela direção da tendência.
139 USD
Gold Butterfly Scalper Pro
Michela Russo
Gold Butterfly Scalper Pro is a trading robot  for the trading on GOLD . This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit -> Ratio 1:1 . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Turtle Scalper Pro ! (or another with same value, All future updates included) -> T
299 USD
SL Scalping Ea
Chalin Saranga Jayathilake
Master Market Structure Forex  SL  Basket TRAP TRADING  Dashboard// 🔥🔥💲💲💲💰   Launch Promotion price unlimited Product199$  this version manual trading system updated back test never work well, (Purchases all people massage me pm 🙏🙏) My goal is to make it easier for users to trade to the maximum SL Scalping Ea this is finally created and finished you can see this here at an unimaginable price/ Our channel  https://bit.ly/2HuGtYw   auto trading system developing Learn How To Trade Trap Ma
125 USD
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Carlos Andres Perez Lezama
178
Carlos Andres Perez Lezama 2018.09.04 17:23 
 

An excellent tool that helps you get benefits even if the price goes against you, the idea is to have a good risk management and avoid the times when the market is in range, I recommend using TF 1H.

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