AW Recovery EA V3.3 MT4

Introduction

AW Recovery EA V3.3 for MetaTrader 4 is an automated trading system built on a recovery-based strategy. Instead of accepting losses immediately, it manages trades dynamically by opening additional positions to recover drawdowns and close trades in overall profit. It is designed for traders who prefer automated trade management with a focus on loss recovery.

Key Features

• Recovery-based trading system

  • Manages losing trades using multiple entries

  • Aims to close trade cycles in profit

• Grid trading mechanism

  • Opens trades at fixed intervals

  • Improves average entry price

• Basket management

  • Treats multiple trades as one group

  • Closes all trades together at overall profit

• Customizable settings

  • Adjustable lot size, grid spacing, and trade limits

  • Suitable for different risk levels

• Automated trade execution

  • Handles entries, exits, and recovery automatically

  • Reduces need for manual intervention

• Multi-pair compatibility

  • Works on different currency pairs

  • Allows diversification

Recommended Settings

• Timeframe

  • M5 or M15 for balanced performance

• Currency pairs

  • EURUSD, GBPUSD, USDJPY (low spread pairs preferred)

• Lot size

  • Start with small lot (0.01 per $1000 recommended)

• Grid spacing

  • Moderate distance to avoid overtrading

• Maximum trades

  • Limit number of trades to control risk

• Broker type

  • ECN or low-spread broker

• VPS

  • Recommended for continuous operation

Backtest Result

• Shows strong recovery performance in ranging markets
• Capable of turning losing trades into profitable cycles
• Higher drawdowns observed during strong trends
• Results depend heavily on settings and broker conditions
• Backtests often appear strong but must be validated in live/demo trading

Advantages

• Can recover losing trades instead of closing at a loss
• Fully automated trade and position management
• Potential for higher profits per cycle
• Flexible and customizable settings
• Works well in stable or ranging markets

Disadvantages

• High drawdown risk during trending markets
• Requires sufficient capital and margin
• Not beginner-friendly without proper understanding
• Overuse of grid can increase risk exposure
• Performance depends on correct configuration

Installation & Setup Guide

1. Download the EA file (.ex4 or .mq4)

2. Open MetaTrader 4

3. Go to File → Open Data Folder → MQL4 → Experts

4. Paste the EA file into Experts folder

5. Restart MT4

6. Enable AutoTrading

7. Attach EA to a chart

8. Adjust input settings (lot size, grid, risk)

9. Enable “Allow Live Trading”

10. Test on demo before using live.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.