Forex Recovery Bot EA V3.2 MT4
Enhance your trading efficiency with the Forex Recovery Bot EA V3.2 for MetaTrader 4 (MT4). This expert advisor (EA) is designed to help traders recover from drawdowns and losing trades, ensuring a more stable trading experience.
Key Features
- Minimum Deposit: $100
- Time Frame: M15 (15-minute chart), M5 (5-minute chart)
- Currency Pair: EUR/USD
Strategy Overview
The Forex Recovery Bot EA V3.2 employs a unique recovery strategy to manage and recover from losing trades. Here’s how it works:
- Trade Execution:
- Recovery Algorithm: The EA uses a smart algorithm to recover losing trades by breaking them into smaller parts and closing them with profit.
- Drawdown Lock: When a trade enters recovery mode, the EA locks the drawdown and begins the recovery process.
- Hedge and Grid Trading: The EA uses hedge and grid trading strategies to balance buy and sell lots, minimizing losses.
- Setup Instructions:
- Broker Requirements: Use a broker with low spreads and fast execution for optimal performance.
- VPS Recommended: To ensure continuous operation, it is recommended to use a VPS (Virtual Private Server).
Performance Insights
- Backtesting Results: The EA has undergone extensive backtesting, showing consistent performance across various market conditions.
- Live Trading: Currently in use on several investment accounts with varying profit/risk ratios.
Risk Management
- Drawdown Management: The EA includes drawdown management functionality, crucial for passing prop firm challenges.
- Account Types: Suitable for all account sizes, from small personal accounts to large prop firm accounts.
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Download Links
- Website: Forex Recovery Bot EA V3.2 Download
- Telegram Channel: YoForexRobot Telegram
- Download the EA from our website: https://www.forexfactory.cc/
Happy trading!
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