Audience
Traders
About Auto Recovery EA
MetaTrader hedging expert advisor that can hedge an opened trade, therefore:
✓ prevent losses by placing a hedge order rather than a StopLoss
✓ close opposite orders at profit BreakEven (or any other amount)
✓ terminate losing trades and trail the winning trades on the chart
RobotFX Auto Recovery is a Metatrader expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is one of the trade management part of the RobotFX Fluid EA, with less features (basically the HedgeZone). A very simple but effective way to hedge a losing trade so it will close in profit, at least at break-even. The automatic loss recovery algorithm used by this MT4 recovery zone EA is far better than using a stoploss and incomparable to a martingale trading strategy. This MT4 EA has been inspired by Joseph Nemeth's "zone recovery" trading strategy.
Other Popular Alternatives & Related Software
News EA
This Metatrader News trading expert advisor that can trade the forex news using a one-cancels-others (OCO) approach, and trail the price of the winning trades.
News (oco) main functions:
Places a defined number of opposite pending orders below (short) and above (long) the price, just before the news release.
Deletes the opposite orders as soon as the price hits a pending order (oco means one cancels others).
Places stop-loss, take-profit, trail, break-even etc.
The News expert advisor was designed to trade news events in an OCO approach. OCO stands for one cancels other and refers to the EA’s ability to close a pending order (or more) once the price triggers an opposite pending order. This is an important feature in news trading.
Traders trading the news usually place two pending orders right before an important news event - that is the most known and profitable way to trade forex news - a buy-stop and a sell-stop.
Learn more
FXCharger
FXCharger EA is an automatic Forex system that runs on MetaTrader 4 and MetaTrader 5 platforms. Our EA was designed to open trades every day. Takeprofit of each order is always unique, the EA adjusts it to the current situation in the Market. The system calculates Takeprofit in such a way, so that it could close a trade in profit. That is why our EA always trades in profit, but at the same time it does not leave orders in the Market for a long time. Usually orders are closed within 1-4 days. Also, each trade has Stoploss and it is calculated by a special technology. This technology will not allow you to lose more money than you have specified in the settings of the EA, even if the system crashes. Because the Stoploss limits drawdowns, your account is safe even if you lose internet connection or MT4/MT5 terminal turns off.
Learn more
Heiken Ashi EA
Metatrader Heiken Ashi expert advisor can trade with the trend and enter/exit trades based on the Heiken Ashi indicator, also trail the price of the winning trades by pips, percentage, ATR, MA, PSAR, Heiken Ashi, chandelier.
Heiken Ashi main functions
Detect the trend using the RobotFX Heiken Ashi indicator on multi-timeframe (trend detector can be disabled).
Follow the Heiken Ashi trading strategy and Open/Close trades based on the Heiken Ashi indicator color change.
Trail the winning trades using various methods, such as the Heiken Ashi candles, moving average indicator, PSAR, ATR, fractals indicators.
Manage opened trades by placing StopLoss, TakeProfit, TrailingStop, BreakEven etc.
This RobotFX Heiken Ashi strategy is an all-in-one Heiken Ashi trading solution for traders trading with the trend, so we can safely say that this Heiken Ashi strategy is a trend trading strategy.
Learn more
Tickeron
Tickeron, the quant-sourced marketplace for AI stock trading tools, adds a new set of AI Robots to be used by active traders.
Tickeron and independent trading experts developed “AI Robots,” which are automated bots that generate buy and sell signals. Tickeron has a set of customizable neural networks to create AI Robots that specialize in particular trading algorithms.
The best way to make money daily trading crypto is to use our premium tool, Real Time Patterns (RTP Cryptos). This tool allows you to compete with Hedge Funds by providing analysis of patterns charted by crypto prices instantaneously.
With this, you get real-time notification alerts anytime a signal to buy or sell cryptos based on intraday price information is available. This tool is customizable to your taste and specific strategies.
Learn more
Pricing
Starting Price:
114
Free Version:
Free Version available.
Free Trial:
Free Trial available.
Integrations
Company Information
RobotFX
Founded: 2006
www.robotfx.org/p/auto-recovery.html
Videos and Screen Captures
Other Useful Business Software
Auth0 for AI Agents now in GA
Connect your AI agents to apps and data more securely, give users control over the actions AI agents can perform and the data they can access, and enable human confirmation for critical agent actions.
Product Details
Platforms Supported
Windows
Mac
Linux
Training
Documentation
Videos
Support
24/7 Live Support
Online
