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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.

178
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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ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Michela Russo
199 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
Magic FX
Alexey Bolshakov
Magic FX is an automated trading system that uses a channel indicator and candlestick patterns to open and close trades. Trades every day at a specific time. Follows the news, a news filter is installed in the advisor, if important news comes out, the EA does not trade. Doesn't use grid, martingale or other dangerous money management methods. Timeframe М5, currency pairs EURAUD, EURCAD, GBPCAD, GBPUSD Minimum deposit 50 usd. 100 usd for each 0.01 lot Live signal  https://www.mql5.com/en/signa
345 USD
GerFX Density Scalper
Exler Consulting GmbH
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 movements due to unexpected new
2 000 USD
RocketEA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 6 COPIES OUT OF 10 LEFT AT \$499! Next price:        \$549 The EA opens trades at the beginning of New York session . This is an ideal time to enter the Forex market as the two largest markets in the world literally overlap each other. During this four-hour period, you can see a great increase in liquidity and volatility provided by both London and New York market participants. The EA analyses the market using the advanced trend filter (ATF). The ATF is a directional filter all
499 USD
To The Moon EA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT \$599! Next price:        \$699 Price will be kept high to limit number of users for this strategy To The Moon comprises the best out of trend trading  applied to bitcoin . As many people know crypto markets are much less efficient than traditional markets like Forex. It means they are easier to make profit on. They are also trend markets. Using high-quality trend systems as this one is the best possible way to leverage opportunities given by crypto m
599 USD
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
Turtle Scalper Pro
Michela Russo