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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

Forex Truck is an automated trading robot designed to operate entirely on its own. Its innovative strategy and algorithms allow for seamless integration with any broker, meaning there’s no necessity to find one with specific trading conditions—any broker will suffice. Additionally, Forex Truck is compatible with both MetaTrader 4 and MetaTrader 5 platforms. Consequently, when you purchase a single license for our robot, you gain access to both versions (MT4 and MT5) without incurring extra costs. The initial component of the system focuses on executing trades, identifying optimal entry points while utilizing a fixed lot size. Depending on the algorithm’s signals, it may execute a single order or open a second one, ensuring that every trade is monitored closely to maximize profit potential. This level of automation and flexibility sets Forex Truck apart in the trading market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5

Pricing Details

114
Free Trial
Free Version

Pricing Details

$329 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 Truck

Website

forextruck.com

Product Features

Product Features

Alternatives

Alternatives

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