Smart Recovery Manager PRO

Description:

Smart Recovery Manager is a technical utility developed for the MetaTrader 5 platform. Its primary function is to provide trade management solutions for existing positions through a combination of averaging techniques and an automated hedging mechanism.

Operational Features:

This utility is designed to manage trades that are already active in the terminal. It does not provide trade signals or execute initial market entries.

• Averaging Logic: The tool can be configured to open additional positions at specific distance intervals. These entries are further filtered by a built-in Stochastic oscillator to identify potential price exhaustion areas.

• Automated Hedging: This feature serves as a protection layer. If the account drawdown reaches a specific percentage defined by the user, the utility executes an opposing order to balance the total volume. This is intended to stabilize the drawdown during periods of extreme market volatility.

• Profit Management: The utility includes a trailing stop function and a basket close logic based on a fixed profit target in the account currency.

Input Parameters:

• Profit Target: The net profit amount required to close all managed trades.

• Hedge Threshold: The drawdown percentage level that triggers the protective hedge order.

• Filter Settings: Configuration for the Stochastic oscillator used in the recovery logic.

• Trailing Settings: Parameters for the trailing stop-loss movement.

User Guidance:

It is recommended to use this utility on a demo account to fully understand the interaction between the averaging and hedging functions before applying it to a live trading environment.

Risk Disclosure:

Trading involves significant risk and the potential for financial loss. The use of recovery strategies such as averaging and hedging can increase the level of risk exposure. Past performance of any trading logic does not guarantee future results. Users are responsible for their own trading decisions and parameter configurations.

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