🧩 What is Loss Recovery 1 MT4?
Loss Recovery 1 MT4 is a specialized drawdown recovery Expert Advisor (EA) designed to recover losing positions using controlled position spacing, volume scaling, and ATR-based logic. Unlike traditional scalping or grid EAs, this system activates only after predefined loss conditions are met, making it a reactive recovery tool rather than a continuous trader.
➡️ Vender Website: View here
🧩 Main Settings Analysis
| Parameter | Value | Analysis |
|---|---|---|
| EA Action | Testing Mode | EA is running in simulation/safe mode |
| In-Loss Position Ticket | 0 | Uses automatic detection instead of manual ticket |
| In-Loss Positions Tickets | 0 | No manual multi-ticket binding |
| In-Loss Positions Magic Number | 0 | Can attach to any losing trade |
| Consider Swaps Also | true | Swap costs included in loss calculation |
| Consider Commissions Also | true | Commission included for accurate recovery |
| Max Spread Filter | 0 | No spread restriction applied |
| Show Panel | true | On-chart control panel enabled |
| Close Other Charts on Start of Recovery | Disabled | Does not force chart cleanup |
| Enable Notifications | true | Alerts enabled for recovery activity |
| Enable PopUp Alerts | false | Silent background execution |
Assessment:
This setup is highly flexible, allowing the EA to recover losses from any trade, regardless of magic number, while maintaining accurate cost calculations.
🧩 Tester Settings (Backtesting Logic)
| Parameter | Value | Analysis |
|---|---|---|
| Wrong Position Time | 15:30 | Simulated entry time |
| Wrong Position Direction | SELL | Test scenario assumes incorrect SELL |
| Wrong Position Volume | 0.5 | Medium-sized losing trade |
Assessment:
These parameters are only for strategy testing and do not affect live trading. They help validate recovery logic under controlled loss scenarios.
🧩 Start Condition – When Recovery Begins
| Parameter | Value | Analysis |
|---|---|---|
| When to Start Recovery | Loss Based on Points (Fixed) | Recovery triggers after fixed drawdown |
| Fixed Distance to Start | 2000 points | Large loss threshold (~200 pips) |
| ATR to Start Multiplier | 1.0 | ATR logic available but neutral |
| Loss to Start (% of Balance) | 0.5 | Recovery starts at 0.5% drawdown |
| Loss Amount to Start | 200.0 | Or $200 loss threshold |
Assessment:
This is a very conservative activation model. The EA does not intervene early, reducing unnecessary recovery trades and protecting capital.
🧩 Distance & Volume Control
| Parameter | Value | Analysis |
|---|---|---|
| Distance of Positions Mode | Fixed Points | Static spacing logic |
| Distance of Positions | 2000 points | Wide spacing reduces over-trading |
| Distance of Positions (ATR Multiplier) | 1.0 | ATR optional but unused |
| Volume % for In-Dir Positions | 50% | Same-direction recovery trades |
| Volume % for Opp-Dir Positions | 50% | Hedging-style recovery |
| Maximum Volume of Each Order | 100.0 | Hard cap for safety |
Assessment:
This configuration creates a balanced recovery structure, mixing directional continuation and hedge-style trades while enforcing a strict volume ceiling.
🧩 Take Profit Settings
| Parameter | Value | Analysis |
|---|---|---|
| TP Mode | Points | Profit measured in points |
| TP Total (Points) | 0 | Disabled |
| TP Total (Currency) | 0 | Disabled |
| TP Total (% of Balance) | 0 | Disabled |
Assessment:
The EA likely closes recovery baskets dynamically rather than relying on fixed TP values, offering greater adaptability to market conditions.
🧩 ATR Settings
| Parameter | Value | Analysis |
|---|---|---|
| ATR Timeframe | 1 Day | Higher-timeframe volatility filter |
| ATR Period | 14 | Standard ATR calculation |
Assessment:
Using Daily ATR ensures that recovery logic respects broader market volatility rather than short-term noise.
🧩 Final Conclusion
Based on the image, Loss Recovery 1 MT4 is configured as a:
✅ Conservative, loss-triggered recovery EA
✅ Not a scalping or martingale system
✅ Highly suitable as a companion EA
✅ Designed to recover deep drawdowns, not small losses
➡️ Key Strengths:
- Activates only after meaningful loss
- Accurate cost calculation (swap + commission)
- Wide position spacing reduces risk
- Supports both directional and hedge recovery
- Strong volume protection limits
➡️ Potential Limitations:
- Not suitable for fast recovery of small losses
- Requires sufficient margin for recovery cycles
- Best used with disciplined risk management
➡️ Best Use Case:
- Recovery of manual trades or other EA losses
- Accounts with moderate to large balance
- Traders seeking capital preservation over speed
➡️ Overall Rating: ⭐⭐⭐⭐☆ (4.2 / 5)
Loss Recovery 1 MT4 is a professional-grade recovery tool, ideal for traders who understand drawdown mechanics and prefer controlled, data-driven recovery instead of aggressive martingale systems.
