Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
MetaTrader hedging expert advisor can hedge an open trade, therefore:
Avoid losses by placing a StopLoss order instead of a hedge order
Profit BreakEven (or any amount) in close proximity to opposite orders
Stop losing trades and track the winning trades on your 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.
Description
Engaging in trading is akin to running a business, which requires specific tools and strategies to initiate operations. Just as you would consult with an engineer before constructing a home, seeking advice from a knowledgeable professional is essential in the trading realm. Utilizing advanced technical software can significantly reduce the likelihood of financial losses in the market. To effectively manage risks and avoid stop-loss scenarios, it is crucial to dedicate time to analyze market trends using technical charts that provide an appropriate stop-loss ratio aligned with those trends. The fundamental principle in trading is that by establishing targets and stop-loss levels in accordance with market trends, one can achieve successful trades without incurring losses. Many traders often find themselves waiting for losses to materialize while simultaneously fearing the delay in realizing substantial profits, which leads them to prematurely secure smaller gains; this issue typically arises when they lack access to reliable charting tools that can accurately reflect market strength and direction. Thus, having a solid understanding and the right resources at hand can greatly enhance trading outcomes.
API Access
Has API
No
API Access
Has API
No
Integrations
MetaTrader 4
No
Pricing Details
114
Free Trial
Yes
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
RobotFX
Founded
2006
Website
www.robotfx.org/p/auto-recovery.html
Vendor Details
Company Name
ECG Trade
Country
India
Website
ecgtrade.com