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
In Forex trading, safeguarding your deposit is paramount, which underscores the necessity of effective money management. Our Expert Advisor (EA) is designed to precisely define the maximum drawdown allowable, ensuring that you won’t exceed your anticipated losses no matter the situation. This EA employs advanced technology to automatically set StopLoss for all active orders at a level that guarantees you won’t lose more than what you have configured in its settings. The innovative algorithm behind Forex inControl is so versatile that it can seamlessly operate across various currency pairs; however, we have strategically selected the top two. By trading on these two pairs, potential losses from one can be offset by gains from the other, enabling a balanced approach to risk. This method of diversification not only stabilizes profits but also provides the flexibility to manage drawdowns independently for each pair, significantly enhancing your ability to mitigate risks. Ultimately, this strategy presents a compelling opportunity to achieve consistent profits while minimizing exposure to potential losses.
API Access
Has API
API Access
Has API
Integrations
MetaTrader 4
Pricing Details
114
Free Trial
Free Version
Pricing Details
$270 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
RobotFX
Founded
2006
Website
www.robotfx.org/p/auto-recovery.html
Vendor Details
Company Name
Forex inControl
Founded
2013
Website
forex-incontrol.com