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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

Renko Expert Advisors are a set of two Metatrader advisors that (Renko Chart EA), build renko charts, and (Renko Trader EA), trade on these renko bricks charts. Renko EA's main functions You can create offline Renko charts using custom (M) names such as M2,M3, M4 (but NOT the default M1,M5, M15, or M30). These Renko charts should be kept updated so that traders can trade manually or attach expert advisors that trade automatically. Trade with the (PSAR), open/close trades based upon Renko brick color. The Renko Charts EA, a MetaTrader expert advisor, allows you to create and use Renko bars charts in Metatrader. You probably know by now that the MT4 does not have Renko bars. Instead, it uses candlesticks, lines, and bar charts. The Renko Trader EA, a Metatrader expert adviser that can trade Renko bricks, is called the Renko Trader EA. This EA can be used to detect trends and can be instructed either to buy in an uptrend or to sell in an downtrend.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

MetaTrader 4 Yes 

Integrations

MetaTrader 4 Yes 

Pricing Details

114
Free Trial Yes 
Free Version Yes 

Pricing Details

$98
Free Trial Yes 
Free Version Yes 

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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux Yes 
Chromebook Yes 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
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

RobotFX

Founded

2006

Country

United Kingdom

Website

www.robotfx.org/p/renko.html

Product Features

Product Features

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