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features
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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

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

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4

Integrations

MetaTrader 4

Pricing Details

114
Free Trial
Free Version

Pricing Details

No price information available.
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

ECG Trade

Country

India

Website

ecgtrade.com

Product Features

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