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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:
- The EA closes other windows of the selected instrument to turn off unprofitable EAs (optional).
- The EA resets TakeProfit and StopLoss levels for all processed orders and deletes pending orders with corresponding identifiers.
- 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).
- The EA locks a losing position by opening a locking order.
- Then, by opening restoring orders, it starts to reduce the loss by partially closing unprofitable orders.
- 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 support@aw-trading.com.
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.
forexroboteasy.com
1 review
I decided to leave a review about Cashfx, because this might be helpful. I invested about $67,000 into this platform with the aim of diversifying my trading portfolio. However, with my strict habits of growing my account 100% before taking profits, I never attempted any withdrawals, not until two months when I tried to withdraw but all effort was in vain. I called the account manager and explained the situation, he told me I would be able to withdraw after 4 working days which sounded shady to be very honest. 4 days went by, still no withdrawals. I did research about recovery tech and came across Frecuperation. They are best in dealing with online scam and assisting victims in receiving reimbursement, tracking down digital fingerprints, cyber analysis and thorough investigation. They can be contact on email frecuperation .online
1 review
However, as with any powerful tool, it requires a certain level of understanding and finesse to wield effectively. I've found that the key to preventing large drawdowns, which are the Achilles' heel of these types of EAs, lies in the careful manipulation of the software's inputs. While the developer has provided some guidance on this, I believe that a more simplistic, step-by-step approach would be beneficial. This would allow users, especially those who are less experienced, to better grasp the intricacies of the software and use it to its full potential. Despite conducting extensive backtesting, I've found that large drawdowns can still occur. This is a risk inherent to these types of EAs, but with clearer guidance, I believe it can be mitigated more effectively. In conclusion, the AW Recovery EA MT5 is a powerful and efficient tool that has the potential to significantly improve trading outcomes. However, it's not without its challenges. A more user-friendly approach to input manipulation guidance would go a long way in helping users avoid the pitfalls of large drawdowns. Despite these challenges, I firmly believe in the software's potential and look forward to seeing how it continues to evolve and improve."
1 review
While the software is indeed powerful, it would be greatly beneficial if the developer could provide a more straightforward guide on how to adjust the inputs. This is crucial in mitigating large drawdowns, a common risk associated with such expert advisors. Even after extensive backtesting, it is still possible to encounter significant drawdowns if the inputs are not optimally configured. The AW Recovery EA MT5 is not just a tool, but a companion that aids in navigating the volatile forex market. It is a testament to the developer's understanding of the market's intricacies and their commitment to providing a solution that caters to the needs of traders. However, the journey with this software is not without its challenges. The complexity of its features can be daunting, especially for those who are new to forex trading. A more simplistic guide from the developer would be a welcome addition, helping users to fully exploit the software's capabilities and avoid the pitfalls of large drawdowns. In conclusion, the AW Recovery EA MT5 is a remarkable piece of software. Its power lies not just in its advanced features, but also in its potential to be a game-changer in forex trading. With a little more guidance from the developer, I believe that this software can truly revolutionize the way we approach forex trading.
1 review
However, there is always room for improvement. The software's complexity, while a testament to its power, can be a double-edged sword. It can be challenging to understand which inputs need to be adjusted to prevent significant drawdowns, even after extensive backtesting. This is a crucial aspect to consider, as large drawdowns pose a significant risk when using these types of EAs. Therefore, it would be beneficial if the developer could provide more straightforward guidance on this matter. A more simplistic approach to explaining the necessary adjustments would be immensely helpful, making the software more accessible and user-friendly. This would not only enhance the user experience but also potentially improve the software's overall performance by ensuring that users are using it to its full potential. In conclusion, the AW Recovery EA MT5 is a powerful tool that stands out in the market of loss recovery EAs. Its performance is impressive, but there is a need for more straightforward guidance on preventing large drawdowns. With this improvement, I believe the software could truly be the best of its kind."