Forex Recovery Bot EA V3.2

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.

1. 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!