AW Recovery EA

The AW Recovery EA is a powerful Expert Advisor designed specifically to recover unprofitable positions in the forex market. With its unique algorithm, the EA locks losing positions, splits them into separate parts, and closes each of them individually. This tool offers a range of features, including easy setup, delayed launch in case of drawdown, disabling other Expert Advisors, trend filtering, and partial closing of losing positions.

How Does It Work?

The AW Recovery EA follows a step-by-step process to restore and recover unprofitable positions:

1. The EA closes other windows of the selected instrument to turn off unprofitable EAs (optional).
2. The EA resets TakeProfit and StopLoss levels for all processed orders and deletes pending orders with corresponding identifiers.
3. The EA closes all processed profitable orders to use their profit to cover part of the unprofitable orders and reduce the total position volume (optional).
4. The EA locks a losing position by opening a locking order.
5. Then, by opening restoring orders, it starts to reduce the loss by partially closing unprofitable orders.
6. When partially closed, the algorithm prioritizes restoring the orders that are located the least successfully or the unprofitable orders that are closest to profitability.

Each of the unprofitable orders is divided into many parts, and the EA closes them separately. Restoring orders are opened with a small volume to minimize the impact on the deposit.

Main Features and Advantages

The AW Recovery EA offers several advantages that make it a valuable tool for professional forex traders:

• Accompanies other advisors and can turn them off at the right time.
• Automatically locks the position, resets TP and SL levels, and deletes pending orders.
• Restores a losing position in parts, allowing for lower deposit load.
• Can be used to recover the loss of individual Expert Advisors or work on the current symbol.
• Combines functionality with simple and flexible settings for each specific situation.
• Built-in protective functions, trend filtering, overlapping, and more for effective risk management.

How to Trade with the Advisor

Trading with the AW Recovery EA involves a few simple steps:

Step 1: Adjust the Pitch and Volumes

• Adjust the volume of the first averaging order.
• Adjust the step for averaging orders.
• Adjust the ratio between averaging and closing and their volumes.

Step 2: Set Up Additional Features

• Select the period for trend filtering (if used).
• Choose a multiplier for averaging orders.
• Select Take Profit to close parts of a losing position with a specified profit.

Step 3: Disable Other Expert Advisors

• Disable other Expert Advisors working with these orders.
• Or let AW Recovery disable these Expert Advisors.
• Or work without locking.

It is recommended to test the EA’s performance before launching it. The strategy tester allows you to simulate the recovery of your current situation over a historical period of time. Additionally, independent testing of this product can be found on the forexroboteasy.com website, where you can also subscribe to updates on the results of testing.

FAQ

Can the AW Recovery EA work on multiple currency pairs?

No, the EA is not multi-currency and works only on the pair it is installed on. To work on multiple tools, you need to attach AW Recovery to each tool separately.

How does the EA start working?

In order for the EA to start working, it is necessary to have a losing position on the current symbol.

Where can I find support for this product?

If you have any questions or need support, you can contact the AW Trading team at [email protected].

Overall, the AW Recovery EA is a reliable and efficient tool for recovering unprofitable positions in forex trading. Its advanced features, combined with its user-friendly interface, make it a valuable asset for professional traders. Share your experience of using this product and take advantage of independent testing on the forexroboteasy.com website.