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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
MyForexPath is an advanced automated Forex trading robot that effectively detects market trends and executes trades based on those insights. It employs sophisticated algorithms and technical indicators, including Moving Averages (MA) and Parabolic SAR, and focuses on three specific currency pairs: AUD/USD, EUR/USD, and USD/CAD. This expert advisor is optimized for use with both MetaTrader 4 and MetaTrader 5 platforms and operates through four independent trading sessions for each currency pair, which increases the frequency of signals while maintaining high quality. Additionally, it features a robust drawdown control system with intelligent stop loss calculations to safeguard against unexpected losses. Backtesting results reveal that, under maximum risk conditions, an initial investment of $1,000 could have potentially escalated to over $11 million on the AUD/USD and EUR/USD pairs, while exceeding $17 million on the USD/CAD pair. When utilizing normal risk settings, the same starting investment may have produced returns ranging from $51,214 to $478,632 across all three currency pairs. With an impressive average win rate of 65–70% per trade, MyForexPath stands out as a reliable option for both novice and experienced traders. Its sophisticated strategies and proven track record make it a compelling choice in the competitive world of Forex trading.
API Access
Has API
API Access
Has API
Pricing Details
114
Free Trial
Free Version
Pricing Details
$285 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
MyForexPath
Website
myforexpath.com
