Recovery Manager Pro: Advanced Drawdown Recovery System for Forex Trading
Recovery Manager Pro is a powerful drawdown recovery system designed for both manual trades and other trading advisors. RM Pro offers dynamic, automatic adjustment capabilities, allowing traders to select their desired risk level while the EA (Expert Advisor) works in full automation mode.
Key Features of Recovery Manager Pro:
- Dual Modes: Operates in both drawdown recovery mode and standby mode. When another advisor causes a drawdown, RM Pro disables it, locks the position, and initiates recovery using partial closures.
- Smart Trading Techniques: Utilizes smart averaging, position locking, and partial closing for effective drawdown management. The advisor includes a custom trend indicator provided as a bonus to all buyers.
- Standby Mode Advantage: Automatically takes over order management when a drawdown is detected, opening averaging orders and executing partial closures to restore balance.
Setup Instructions: Link to Instructions
Benefits of Using Recovery Manager Pro:
- Efficiently restores drawdowns from unprofitable positions.
- Activates upon reaching a specified drawdown threshold.
- Utilizes partial closures and averaging orders for recovery.
- Compatible with losses from other advisors or manually placed orders.
- Trend-based strategy with a custom moving averages indicator included.
- Works with individual orders or grids of unprofitable orders.
- Operates on the current trading symbol with automatic risk adjustment.
Important Reminder:
Before deploying Recovery Manager Pro, we recommend testing the EA in a strategy tester or on a demo account in “Visualization” mode to ensure optimal performance. Detailed instructions for testing are available in the setup guide.
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