BIG RECOVERY EA

BIG RECOVERY EA

The BIG Recovery EA  is  designed to assist traders in recovering unprofitable positions within the M5 platform. Here are the key features and functionalities of this trading robot:The EA employs an intelligent algorithm that locks losing positions, splits them into smaller parts, and then closes each part separately.

Minimum Deposit

• To start using the BIG RECOVERY EA , a minimum deposit of $500 is recommended. This ensures sufficient capital to engage in position recovery effectively.

Timeframe

• The recommended timeframes for running this EA are M1 (1-minute) or M5 (5-minute). These shorter timeframes allow for more frequent trading opportunities and quicker position adjustments.

Currency Pair

• The GBPUSD (British Pound/US Dollar) currency pair is ideal for running the BIG RECOVERY EA M5. GBPUSD is a popular forex pair with liquidity and volatility, making it suitable for the EA’s strategy.

Strategy Overview

The BIG RECOVERY EA M5 follows a dynamic approach to position recovery.

1. Locking Losing Positions:
   • When a trade starts moving against you, the EA locks the losing position.
   • It splits the position into smaller parts, allowing for more precise management.
2. Partial Closing and Averaging:
   • The EA closes profitable orders to cover part of the unprofitable position.
   • By partially closing unprofitable orders, it reduces overall losses.
   • This approach differs from traditional grid strategies that close orders in whole groups.
3. Risk Management and Deposit Load:
   • The EA’s design ensures safer work with losses by dividing them into smaller portions.
   • It minimizes the deposit load while recovering positions.
   • Risk-conscious traders appreciate this feature.
4. Additional Features:
   • The EA can automatically lock positions, reset Take Profit (TP) and Stop Loss (SL) levels, and delete pending orders.
   • It accompanies other advisors and turns them off when necessary.
   • Built-in protective functions enhance risk management.

Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!

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