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Loss Recovery 1 MT4

Find the Right Edition That Fits You
Scalperology Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
30-Day Profit: 0%
7-Day Profit: 0%
Support: 24ั…7 via Telegram
Test it Free๐Ÿš€
Breakopedia Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 0%
7-Day Profit: 0%
Support: Developer
Try it Free๐Ÿ€

Understanding Loss Recovery 1 MT4

  • Loss Recovery 1 is an Expert Advisor (EA) designed to recover losses from positions opened in the wrong direction, whether manually or by another EA.
  • This EA employs mathematical methods instead of risky strategies like martingale or averaging, enabling safer recovery operations.
  • It places both opposing trades and same-direction trades to manage positions effectively.

    • Features of Loss Recovery 1

  • Single or Multiple Recovery Options: The EA can recover a single specified position or all open positions on the account that are in loss.
  • Distance to Start Recovery: Users can set fixed points or ATR multipliers to determine when recovery actions should begin.
  • Volume Management: Offers customizable volume settings for both in-direction and opposite direction trades.

    • How it Works

  • Users specify the conditions under which recovery will begin, such as a fixed amount of loss or the percentage of the account balance.
  • The EA systematically opens new positions based on calculated distances and volume percentages.
  • It features options to calculate total take profit across all trades or to simply recover lost amounts without aiming for profit. ๐Ÿ’ฐ

    • Recommended Settings

  • For conservative recovery: Distance to Start set at 2000 points and next-level positions at 2000 points.
  • For more aggressive recovery: Distances can be reduced to 500 points for quicker action.
  • Recommended volume settings for recovering trades also include percentages that balance risk and potential for recovery.

    • User Guidance

  • It is recommended to disable any other EA while using Loss Recovery 1 to avoid conflicts in managing trades.
  • Patience is key; recovery can sometimes take days depending on market conditions. ๐Ÿ€
  • Optimal results are often seen with accounts supporting hedge operations.

    • Conclusion of Use Cases

  • Whether youโ€™re handling a single bad trade or multiple positions, Loss Recovery 1 is structured to provide a systematic approach to mitigating losses in Forex trading. ๐ŸŒ
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