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

Download the EA file (.ex4 or .mq4)
Open MetaTrader 4
Go to File → Open Data Folder → MQL4 → Experts
Paste the EA file into Experts folder
Restart MT4
Enable AutoTrading
Attach EA to a chart
Adjust input settings (lot size, grid, risk)
Enable “Allow Live Trading”
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:

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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.