Recovery Manager Pro MT4 – Advanced Drawdown Recovery System
Recovery Manager Pro MT4 is a fully automated Expert Advisor (EA) designed to recover drawdowns from manual trades or other EAs. It dynamically adapts to market conditions, allowing traders to define their risk level while the system operates autonomously.
🔧 Key Features
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Dual Operation Modes: Functions in both drawdown recovery and standby modes.
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Smart Recovery Techniques: Uses intelligent averaging, position locking, and partial closures to efficiently manage drawdowns.
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Custom Trend Indicator: Includes a built-in proprietary trend filter to guide trading actions.
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Automatic Risk Adjustment: Adjusts trading behavior based on your selected risk profile.
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Multi-Order Handling: Manages single orders or entire grids of unprofitable trades.
⚙️ Additional Functionalities
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Manual Order Placement: Allows placing manual trades directly from the EA’s interface.
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Order Management Tools: Lets you remove pending orders and adjust TP/SL settings easily.
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Step Mode Configuration: Offers a customizable step mode that responds to market volatility.
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Comprehensive Order Data: Displays detailed info on entries, positions, orders, and drawdown metrics.
📈 Compatibility & Recommendations
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Supported Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD.
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Suggested Timeframes: Best results on M5 to H1.
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Minimum Starting Balance: $100 for effective operation.
🧪 Tip for Best Use
Run the EA in strategy tester or a demo account with visualization enabled to understand its logic and ensure it aligns with your trading strategy.