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Loss Recovery 2 MT4

3.83
Loss Recovery 2 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods.



Trading Strategy:


Loss Recover2 EA try to close wrong positions without any loss (Recover Wrong Positions), by using Zone Recovery method and without using martingale methods. Anytime price exits from zone, EA will close basket of trades without loss. The zone can be with fixed height or with increasing height. Also there are some options for volume increasing.


Using EA :

The EA is very simple and without complicated input parameters. There are main parameters must be set:

  • EA Action :
    • Single Position With Specified Ticket (Order ID) : EA recover only in-loss position with ticket specified in "In-Loss Position Ticket" field.
    • Multiple Positions With Defined Tickets (Order ID) : EA recover multiple in-loss position with ticket specified in "In-Loss Positions Tickets" field.
    • All Positions On Account : EA recovers all positions with loss greater than "Distance to Start" field.
    • All Positions On Current Chart : EA recovers all positions with symbols equal to attached chart and loss greater than " Distance to Start" field.
    • All Positions With Magic Number : EA recovers all positions with defined magic and loss greater than " Distance to Start" field.
  • In-Loss Position Ticket (Order ID) [If Action=Single] : Ticket of existing wrong position specified in "In-Loss Position Magic" field.
  • In-Loss Positions Tickets (Comma Separated) [If Action=Multiple] : List of desired tickets separated by comma.
  • In-Loss Position Magic : Magic Number of Positions you want to recover.
  • When to Start Recovery? Three Options : Fixed Points or ATR Points (Start recovery when specified DD in Points occur) / % of Balance (Start recovery when DD of Position is Greater than specified percent of balance.) / Amount of Loss
  • Distance to Start (Zone Height) : Distance in Points to start managing and recovering loss.
  • Distance to Start (ATR Multiplier) :  Distance in Points calculated based on ATR
  • Loss to Start: Loss on position to start managing and recovering loss. 
  • Extend Zone Height: Fixed Points / ATR / No Extend
  • Distance To Add Each Step (Extending Zone Height) : Amount of Points You Want to Add to Zone Height on Each Step. Enter 0 for Fixed Zone Height.
  • ATR to Add Each Step : Zone Height will be added based on ATR
  • Volume Mode: Add or Multiply Options. Volume Settings on Each Step.
  • Volume to Add: Lots to Add on Each Step (If Volume Mode=Add)
  • Volume Multiplier: Multiplier to Last Volume (If Volume Mode=Multiply)
  • TP : Total Take Profit of Basket of Trades. Enter 0 if you want to only recover losses without profit (Break-Even) .
  • ATR Timeframe : ATR Timeframe for distance determination
  • ATR Period : Period of ATR
  • Show Panel : Option to Enable/Disable Live Reporting Panel on Chart.
  • Close Charts on Start of Recovery: Will close all other charts on recovery start to avoid placing/managing orders by other EAs.

Testing EA :

For testing the EA you must enter position information in the wrong direction. The EA opens a position at time and volume and direction you entered and then starts managing drawdown. Make sure that after the position opens, the market moves in the wrong direction.

  • EA Action: Set to "Testing Mode"
  • TESTER Wrong Position Time:
    • The time for inserting the wrong position in the format: hh:mm as example: 15:35
    • Position will be opened in market price at time you specified on start date of your testing period.
  • TESTER Wrong Position Direction: BUY or SELL
  • TESTER Wrong Position Volume: Volume of the wrong position (lots)
  • You can optimize EA by changing parameters


Recommendations and Using Conditions :

  •     Any Time Frame can be used.
  •     You can continue your trading on your account. The EA manages your wrong position and own-opened positions until recovering loss.
  •     It is recommended to disable any trading operations by other EAs on recovery started positions.



Versions :



We are ready to help you for using the EA, Please don't hesitate to contact us.
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İncelemeler 6
drasko
297
drasko 2021.04.21 19:08 
 

Excellent work Kyra :-) I'am in love with your LR2. Payback on first use. You will soon get more positive reviews.. the word is out now ;-)

By the way I not only recover I made profit :-D

robpinhood
217
robpinhood 2024.06.11 20:46 
 

LR2 is an essential EA for any serious trader. This is not a simple drag-n-drop utility. It takes time to learn. After using this EA for 6 months, I am still learning new strategies and nuance techniques. I use it on all my scalping accounts. LR2 has saved and earned greater than ten times its cost, and guards too many charts for me to count. Support has been outstanding. I have had many questions, and always get answers, even if I don't understand some of the details. Appreciate the updates as well. It just keeps getting better.

aworex
1807
aworex 2021.05.11 11:01 
 

This is a very good EA to have in place for the crazy forex markets where we have to prepare for the unexpected.The EA has various methods to reduce risk whilst recovering trades that have gone south it’s comes very handy with high vol instruments

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Canlı Sinyal-1: Buraya tıklayın MT5 Sürümü: Buraya tıklayın Quantum Pip   'yı ücretsiz alın (2 işlem hesabı için) -> satın aldıktan sonra benimle iletişime geçin Nasdaq Algo Trading'e hoş geldiniz Bu EA (Uzman Danışman), 13 yılı aşkın programlama ve ticaret deneyimine sahip bir ekip tarafından oluşturulmuş ve tasarlanmıştır. EA, uzun vadeli ve istikrarlı kâr sağlayabilen bir sistem geliştirmeye odaklanır. Risk içermeyen stratejiler kullanır ve Martingale, Grid ve Hedging yöntemlerini, ayr
Başlangıç ​​tanıtımı Mevcut fiyattan satın almak için sadece 3 satış kaldı. Sonraki fiyat: $1233 Ücretsiz olarak Nasdaq Algo EA edinin -> satın aldıktan sonra benimle iletişime geçin Live signal - 1:    https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Live signal - 2:  https://www.mql5.com/en/signals/2242066?source=Site+Profile+Seller#!tab=account Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT5:  https://www.mql5.com/en/market/
Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
Diamond Ultimate'a Hoş Geldiniz!!! BACKTEST GUIDE LANSMAN PROMOSYONU: Mevcut fiyatla sadece birkaç kopya kaldı! Son fiyat: 4993,99 $ Diamond Ultimate , çeşitli fiyat hareketlerine dayalı algoritmaları 13 yıllık piyasa deneyimi ile birleştirerek emirleri yürütür ve sermayeyi yönetir. Tüm işlemler net stop loss ve take profit seviyelerine sahiptir. EA, karları garanti altına almak için takip eden stop loss kullanır. EA, aynı anda 7'ye kadar işlem açabilir, ancak bu sayıyı ayarlarda daha düş
Gold Trade Pro
Profalgo Limited
4.61 (23)
Tanıtımı başlat! 449$'dan sadece birkaç kopya kaldı! Sonraki fiyat: 599$ Son fiyat: 999$ 1 EA'yı ücretsiz alın (2 ticari hesap için) -> satın aldıktan sonra benimle iletişime geçin 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, Altın ticareti EA'ları kulübüne katılıyor, ancak bü
Exp4 AI Sniper for MT4
Vladislav Andruschenko
5 (2)
Ekibimiz, MetaTrader terminali için son teknoloji Akıllı Ticaret Uzman Danışmanı olan Trading Robot'u tanıtmaktan büyük heyecan duyuyor. AI Sniper,   hem de   MT4   terminalleri için tasarlanmış akıllı, kendi kendini optimize eden bir ticaret robotudur. Gelişmiş bir algoritma ve en son ticaret metodolojilerini kullanan   AI Sniper,   ticaret optimizasyonunda mükemmelliği temsil eder. Hem borsa hem de borsalarda 15 yıldan fazla kapsamlı deneyime sahip ekibimiz, yenilikçi strateji yönetimi özelli
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
XG Gold Robot MT4
Marzena Maria Szmit
4.48 (25)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
Tanıtım       Kuantum Altın İmparatoru EA   , prestijli XAUUSD (GOLD ) çiftiyle işlem yapma şeklinizi değiştiren, çığır açan MQL5 uzman danışmanı! 13 yılı aşkın ticaret deneyimine sahip deneyimli tüccarlardan oluşan bir ekip tarafından geliştirilmiştir. ÖNEMLİ! Satın aldıktan sonra kurulum kılavuzunu ve kurulum talimatlarını almak için lütfen bana özel mesaj gönderin. ***Quantum Gold Emperor EA satın alın ve Quantum Trade EA'ya ücretsiz sahip olun!*** Daha fazla ayrıntı için özel olarak sorun
-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. No Martingale, No Grid, No Scam I used my " Breakout and Retest Scanner " algorithm in Bitcoin Expert. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, which translates a very g
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
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Kyra Nickaline Watson-gordon
1 (1)
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Filtrele:
robpinhood
217
robpinhood 2024.06.11 20:46 
 

LR2 is an essential EA for any serious trader. This is not a simple drag-n-drop utility. It takes time to learn. After using this EA for 6 months, I am still learning new strategies and nuance techniques. I use it on all my scalping accounts. LR2 has saved and earned greater than ten times its cost, and guards too many charts for me to count. Support has been outstanding. I have had many questions, and always get answers, even if I don't understand some of the details. Appreciate the updates as well. It just keeps getting better.

yyc196 Yauw
820
yyc196 Yauw 2023.08.30 18:24 
 

Hi Seller, i have issue with your EA which keep producing multiple orders in a series. I will try a few more days to see what happened based on your screenshot. I will also change the review again. Thanks

Kyra Nickaline Watson-gordon
50565
Geliştiriciden yanıt Kyra Nickaline Watson-gordon 2023.09.01 22:48
Fake Review!
Are you Good? 3 star review for what?
You purchased the product some hours ago so how can you evaluate the product in such a fast time? Your post on comment page shows you did not used the EA yet.
Please be patient and rate the product based on real operation.
Regarding your issue : You are using wrong settings. Revise your settings. If you need more help, you can send your settings to help you to fix wrong items.
aworex
1807
aworex 2021.05.11 11:01 
 

This is a very good EA to have in place for the crazy forex markets where we have to prepare for the unexpected.The EA has various methods to reduce risk whilst recovering trades that have gone south it’s comes very handy with high vol instruments

Matthew Todorovski
12938
Matthew Todorovski 2021.04.30 08:45 
 

Quite useful, if you set it up right. I had it recover my USDMXN orders within 3 hours from $300 DD to $0. Working on SGDJPY currently, but market is not moving enough to have much effect. I opened a manual order and immediately LR2 locked with slight hedge in opposite direction. LR2 soon closed the order and hedge in profit.

Advantages:

. you can set to recover specific Magic, specific Ticket, or all orders on the account

. it is a simple-to-understand strategy of zone recovery

Areas for improvement - 4 Stars because:

. LR2 doesn't display the Zones on the chart for ease of adjusting Inputs

. LR2 also does not auto-calculate parameters such as optimum ATR, which gives risk to the user they may set it up incorrectly.

Hoping for future improvements to LR2 to make this 5 Stars!

Kyra Nickaline Watson-gordon
50565
Geliştiriciden yanıt Kyra Nickaline Watson-gordon 2021.04.30 08:54
Thank you for feedback.
- Visual display on chart will be added on next updates.
- Optimum inputs is various for each user based on user strategy and risk plan.
techiman ba
57
techiman ba 2021.04.22 19:27 
 

this is the most useless ea i have ever used. if you fall in a ranging environment the account will blow up. the programmer could have put all the 3 different recovery ea into one powerful ea but because of greed decided to sell this useless ea to the public. I have downloader free ea from mql5 which are 100times better than this expensive ea i have WASTED my $90 on. DO NOT WASTE YOUR MONEY ON THIS PRODUCT!!!!!!

Kyra Nickaline Watson-gordon
50565
Geliştiriciden yanıt Kyra Nickaline Watson-gordon 2021.04.22 21:08
Wrong using of EA. Wrong Setup. Seems the comparison page is not studied carefully by you.
https://www.mql5.com/en/blogs/post/742976
drasko
297
drasko 2021.04.21 19:08 
 

Excellent work Kyra :-) I'am in love with your LR2. Payback on first use. You will soon get more positive reviews.. the word is out now ;-)

By the way I not only recover I made profit :-D

İncelemeye yanıt
Sürüm 3.0 2024.05.27
Added new selection mode : "Multiple Positions With Defined Tickets"
Sürüm 2.1 2023.02.13
Closing larger orders first.
Faster Closing of orders.
Sürüm 2.0 2022.06.07
Added :
* Parameter to limit Maximum Volume of Each of Order
* Sequence options to determine volumes
* Visual display of opened recovery orders, next order, TP price on chart.
Sürüm 1.5 2022.04.22
Added options for notifications and popup alerts
Added more options to close chart feature
Sürüm 1.4 2022.02.19
- Added Start Recovery option based on Loss Amount
- Added more options to setup TP
Sürüm 1.3 2021.10.29
Added Max Spread Control.
Sürüm 1.2 2021.09.18
Added
- commissions and swaps for profit calculation (optional).
- Limit Max Number of orders to control the risk
- Colored arrows shows on real trading chart to demonstrate entry and exit points
Sürüm 1.1 2021.03.27
- Added Distance Based on ATR.
- Added Close Charts Option on Recovery Start.