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II. Recovery
1. Recovery Mode - Select mode for splitting unprofitable trades (more orders = lower risk)
• Orders - The user can set the # of positions for the negative order to be split into (0-100)
2. RDistance - Distance in points until the next order, if price moved against the original position
4. Start at % - Once negative floating DrawDown gets to a set % - the recovery system will initiate. After
setting the desired % value, user has to press the “Running” button to launch the updates parameters
6. Stop - Stop or cancel the execution. If the recovery mode has not yet started = Stop button will cancel
and reset settings 1-4. If the recovery mode already started = Stop button will cancel future order
execution AFTER all the current orders have been closed.
• -Automatically closes all open charts (except the current) for the currency pair which entered
“recovery mode” to disable other EA from trading that pair
• -The system begins to split each of the negative positions separately - in order to minimize
deposit load and minimise risk
• -The system not only recovers the floating losses, but also yields a small profit at every step of
the “order splitting” which results in reduced deposit load, reduced risk AND it does not freeze
the account during the recovery period
PS: In order for the recovery system to successfully exit drawdown - it will require time and patience
(length of which will depend on the severity of drawdown on the account :)
QA (Advisor parameters)
• Trade + Recovery - Advisor will use both, the main trading strategy + a recovery mode that will
only initiate if needed (determined by DD %)
5. Lot
9. Magic - Unique, random number for this particular EA (change if running multiple instances of the
same currency pair)