AW Recovery EA V3.3

AW Recovery EA V3.3: Salvaging Unprofitable Positions

Introduction

AW Recovery EA V3.3 is a forex trading robot (Expert Advisor) designed by AW Trading Software Limited. Its primary goal is to recover losses and minimize drawdowns in your trading account. Let’s dive into the details:

Key Information

• Minimum Deposit: $100 (Recommended: $500)
• Timeframe: M5 to H1
• Currency Pairs: XAUUSD, GBPUSD, EURUSD
• Platform: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)

Strategy Overview

AW Recovery EA V3.3 employs a unique strategy to salvage losing positions. Here’s how it works:

1. Locking and Splitting Positions:
   • The algorithm identifies a losing position and locks it by opening a locking order.
   • The losing position is split into multiple segments.
2. Closing Unprofitable Orders:
   • The EA closes other windows of the selected instrument to turn off unprofitable EAs (optional).
   • It resets TakeProfit (TP) and StopLoss (SL) levels for all processed orders.
   • Pending orders with corresponding identifiers are deleted.
   • Processed profitable orders are closed to use their profit for covering part of unprofitable orders.
3. Partial Closing and Restoration:
   • Restoring orders are opened with a small volume to reduce the load on the deposit.
   • The algorithm prioritizes orders that are least successful or closest to profitability.
   • Each unprofitable order is divided into parts, and the EA closes them separately.

Advantages

• Accompanying Other Advisors: AW Recovery can work alongside other advisors and turn them off at the right time.
• Automatic Position Locking: The EA automatically locks losing positions.
• Risk Reduction: Restoring orders allow you to work with a lower deposit load.
• Recovery: Use it to recover losses from individual Expert Advisors or manage positions on the current symbol.
• Flexible Settings: The robot combines functionality with simple and flexible settings for various situations.
• Built-in Protective Functions: Includes trend filtering, overlapping, and risk management features.

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