Recovery Manager Pro EA v1.0 MT4 (Terminal 1421+)

What is Recovery Manager Pro EA?

Recovery Manager Pro (RM Pro) 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.

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Recovery Manager Pro MT4 Overview

About the author

This product is compiled by Ianina Nadirova
This Russia author has more than 2 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.

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Recovery Manager Pro MT4 is developed by experts

Professional trading features of Recovery Manager Pro

1. Main Features:

• 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.

2. 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.
• Risk adjustment: Allows manual adjustment of trading volume.
• Step mode configuration: Allows customizing step mode based on market volatility.
• Auto step adjustment: Automatically adjusts steps based on market conditions.
• Order system details: Provides information on entry settings, positions, orders, and drawdowns.
• Manual order placement: Allows manual order placement via the advisor dashboard.

Professional trading features of Recovery Manager Pro

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.

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

Recommended Settings

Recommended settings and parameters to pay attention to from developers and experts:

>>> Reviewed by David Easton

What’s in the package?

• Experts: Recovery Manager Pro MT4 v1.0_fix.ex4
• Indicators: SMHA.ex4
• Recovery Manager Pro Instruction.pdf

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