Recovery Manager Pro MT4 v1.0 (Platform build 1444+)
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What is Recovery Manager Pro MT4?
Recovery Manager Pro MT4 is a sophisticated system designed to automatically recover withdrawals from other advisors or manually opened orders and is compatible with the Metatrader 4 (MT4) platform. By analyzing market trends and using smart strategies, the advisor can effectively restore your deposit to its original level.
➡️ Vendor website: View here
About the Author
This product is compiled by Ianina Nadirova. This Russia author has more than +3 years of experience working on MQL5 with many famous products such as Recovery Manager Pro MT4, Recovery Manager Pro MT5 and other products. Among them, Recovery Manager Pro MT4 is his best performing product.
Key Features of Recovery Manager Pro MT4
🔹Dynamic adjustment: Adapts to market conditions and risk levels.
🔹Standby mode: Monitors the market for drawdowns and intervenes when necessary.
🔹Partial close: Use partial closes to reduce risk and recover losses.
🔹Average orders: Open average orders to recover unprofitable positions.
🔹Trend trading: Use custom trend indicators for trading decisions.
🔹Automatic recovery on drawdown: Automatically identifies and resolves drawdowns from other advisors or manually opened orders.
Additional Features
🔹Customizable risk Level: Allows traders to set their desired risk tolerance.
🔹Multi-order handling: Can handle both single orders and Grids of unprofitable orders.
🔹High compatibility: Can work with other advisors and take over in case of low drawdowns.
🔹Close profitable orders: Close profitable orders to increase profits and increase margin.
🔹Order management: Delete pending orders, Take profit (TP) levels, and Stop loss (SL) levels.
Recovery Manager Pro MT4 Review
The system operates in two main modes: withdrawal recovery and standby mode. In withdrawal recovery mode, Recovery Manager Pro takes control of your positions, locks them and starts the process of closing them gradually to minimize losses. The advisor uses smart averaging, locking and partial closing techniques to optimize the recovery process.
The standout feature of Recovery Manager Pro is the ability to operate in standby mode. If another advisor initiates a withdrawal, the advisor automatically intervenes, takes over the order management and implements recovery strategies. This ensures that your deposit is always protected from significant losses, regardless of the volatility of the forex trading market.
Recovery Manager Pro MT4 Reviews
Recovery Manager Pro MT4 Review
How does Recovery Manager Pro MT4 trade?
🔹Identifying drawdowns: The advisor monitors the market for drawdowns from other advisors or manually opened orders.
🔹Intervention: When a drawdown is detected, the advisor disables the other advisor, locks the position, and starts the recovery process.
🔹Partial close: The advisor uses a partial close to reduce the size of an unprofitable position and limit losses.
🔹Average order: If necessary, the advisor can open an average order to restore the position at a lower average price.
🔹Trend trading: The advisor uses a custom Trend indicator to make informed trading decisions.
🔹Risk management: The advisor adjusts its trading volume based on its risk level and the size of the drawdown.
Recommended Settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Currency pairs | Any |
| Time frames | Any |
| Minimum / Recommended deposit | Any |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Experts: Recovery Manager Pro MT4 v1.0_fix.ex4
✅ Indicators: SMHA.ex4
✅ Guide Settings: Recovery Manager Pro Instruction.pdf
Conclusion
In short, Recovery Manager Pro is a powerful MT4 Expert Advisor (EA) designed to automatically recover drawdowns caused by manual trades or other EAs through intelligent, trend-based strategies. Equipped with smart averaging, locking, and partial closure mechanisms, RM Pro provides a fully automated solution for managing high-risk drawdown situations. Whether operating in real-time standby mode or responding dynamically to active losses, this EA takes full control of recovery with minimal user intervention.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is Recovery Manager Pro MT4 and how does it help traders?
Recovery Manager Pro MT4 is a sophisticated automated utility designed specifically to recover accounts suffering from high drawdowns. Whether the losses were caused by manual trading errors or other failing Expert Advisors (EAs), this system intervenes to restore the deposit to its original level. It functions as an "emergency response" tool for the MetaTrader 4 platform, turning losing streaks into managed recovery cycles.
❓ How does the EA intervene when another robot causes a drawdown?
The EA features a unique Standby Mode. In this state, it monitors your account balance and open positions in the background. If another EA (or a manual trade) reaches a specific drawdown threshold, Recovery Manager Pro automatically takes over. It can disable the original EA, lock the current positions to prevent further loss, and begin its custom recovery logic without requiring human intervention.
❓ What are the primary recovery techniques used by this system?
To effectively resolve unprofitable positions, the advisor employs three main technical strategies:
✅ Locking: It stabilizes the account by hedging positions to prevent the drawdown from increasing.
✅ Partial Closing: It uses small profits from new, trend-based trades to "chip away" at the losing orders, closing them in small increments.
✅ Smart Averaging: It opens new positions at better price points to lower the average break-even level, making it easier to exit the entire basket at a profit or neutral balance.
❓ Can Recovery Manager Pro MT4 work with any currency pair?
Yes. The system is designed for high compatibility and can be used on any currency pair and any timeframe. Because it focuses on the account's mathematical drawdown rather than specific asset patterns, it is a versatile tool that can be applied to Forex, Metals, or Indices, depending on where the recovery is needed.
❓ What is the "Partial Close" feature and why is it important?
The Partial Close mechanism is a risk-reduction tool. Instead of waiting for the market to move a long distance to close a large losing trade, the EA uses profits from successful short-term trades to close out 10% or 20% of the losing position at a time. This gradually reduces the margin requirement and the "weight" of the loss on the account, significantly lowering the risk of a margin call.
❓ Who is the developer of Recovery Manager Pro MT4?
The product is developed by Ianina Nadirova, a specialist with over 2 years of experience in the MQL5 marketplace. Nadirova is known for creating specialized recovery tools, with the MT4 version of Recovery Manager Pro being one of her most successful and highly-rated products for handling high-risk trading environments.
❓ Does this EA require a large minimum deposit to function?
One of the best features of this utility is that it has no strict minimum deposit requirement. It is designed to adapt to the existing balance of the account. However, since it needs margin to open recovery "averaging" orders, it is recommended to have some free margin available for the EA to operate effectively.
❓ How does the "Trend Trading" logic assist in recovery?
Recovery Manager Pro doesn't just trade blindly; it integrates a custom Trend Indicator (SMHA.ex4). This ensures that the recovery orders (the trades intended to offset the losses) are placed in the direction of the current market momentum. By trading with the trend, the EA increases the win rate of its recovery positions, providing the necessary profit to close out the older, losing trades.
❓ Is the risk level customizable for the recovery process?
Absolutely. The system provides a Customizable Risk Level setting. Traders can choose how aggressively the EA should attempt to recover the account. You can set the "step" for averaging orders and the volume of recovery trades based on your personal risk tolerance and the severity of the current drawdown.
❓ Why should I use a recovery manager instead of just closing my losing trades?
Closing a large losing trade results in an immediate and permanent loss of capital. Recovery Manager Pro MT4 offers a mathematical alternative to simply "accepting the loss." By locking the position and using intelligent trade management, it attempts to bring the account back to its starting balance over time, potentially saving the account from a total wipeout.
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