AW Recovery EA MT5

Very useful EA; it can be difficult to use on sideways trades and difficult when there are trades 'up high' and 'deep down, 'but for recovery, this is a very good one. It's really not good that so few recovery EAs are available. It's a small miracle that this one is here.

Very useful EA. Just you have to know how to configure some key parameters is a must, don’t let the EA too aggressive, and you’ll be fine. The developer is very responsive and helpful, and gave very helpful advices. Thanks.

Saved my ass multiple times. Just be sure to not make your recovery too aggressive and dont let it kick in on too high of a drawdown.

I bought this EA last week and from the first looks of it, it does what it says it does. Great EA in my tool box to handle any run away trades before it gets out of hand. The lock in mode takes the stress away immediately and after that it starts its process and solves the problem. Still playing with the seetings but overall I´m happy with the purchase.

Bug found in AW Recovery MT5: If I start with Buy Only, then change to Buy & Sell, then back to Buy Only, and finally switch again to Buy & Sell, the EA only trades in one direction (buy only).

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great EA, just needs few tweaks like when you choose just locking without trading, and then after the market cools down and you wanna start recovery, so you change the settings it does not start trading, you need to re-launch it with new magic number to start recovery trades. also I'd like to understand the "reduce volume" function more, and if there is a way to add positive trades so we dont have to start with big trades in case it goes against us. but I've recovered few accounts so far so I like it. it just needs patience, so once you start recovery you should give it a month or 2 to recover safely, so its best to lock the account early or have another account ready to trade waiting for the first one to recover.

Information is needed on the number of all open positions, how many Sell and how many Buy, which would help to manually protect against the loss of capital.

Good product that help to recover positions. It’s just difficult to find the correct set up. Some set files would be appreciated

EA is doing so far so good. I hope to update my review if this falls short of expectations.

The worst advisor of all. He will help you drain the deposit)). An incorrect 0.01 Cent trade turned into a loss of $1,000.

"I just downloaded the app, and it works very well, just as it's described in the post. Thank you. On another note, I wanted to request if you could add me to the Telegram group."

Es ist ein schlechter grid EA !!!

This EA is VERY profitable for me. It took a few days, but I finally figured out the best settings for XAUUSD M15. Now I can easily pull down $100 / day in a set-and-forget manner. I wrote a small EA to open a trade in the account whenever AWR's trades have closed. The Instant mode immediately starts recovery with a small DD in narrow market conditions. Trending presents a DD problem without the correct settings to offset it. For the moment, I Stop Recovery at 30% DD, switch magic numbers, and proceed to recover the DD. Fingers crossed, it won't take a month...!

Good product. As described. All 5 stars. Thank you Alexander.

This product is amazing, it is a must have in almost every strategy!

This EA could make the Seller rich because it could be combined with all the top Gold EAs on the Market which sometimes have a big SL hit. Sadly this EA is much too complicated and the seller too lazy to make the EA more user friendly especially for XAUUSD or prepare set files. I don´t recommend this EA to traders who are new to trading. You will not understand it.

The loss recovered quickly, but the equity could not be recovered, and the position continued to increase. Let's use it after understanding the parameter adjustment. In my case, I saw bankruptcy.

Recovery in progress, will update

Hello. What is the most effective strategy when holding a position against a strong trend? grid? Push-pull? AW Trend Predictor?