Smart Recovery EA MT4

Smart Recovery EA MT4 is a fully automated trading robot designed to optimize your trading experience. Let’s dive into the details:

1. Strategy Overview:
   • Smart Recovery EA MT4 is based on two key strategies:
     • Money Flow Index (MFI): This indicator helps evaluate market conditions by identifying overbought (MFI values above 80) and oversold (MFI values below 20) scenarios.
     • Trend Following Strategies: The EA uses trend-following techniques to make informed trading decisions.
   • Unlike the risky Martingale method, Smart Recovery employs a recovery system that works with price levels, maintaining consistent lot sizes.
2. Minimum Deposit:
   • To get started with Smart Recovery EA MT4, we recommend an initial deposit of $500 or more. This ensures optimal performance and risk management.
3. Timeframe:
   • Smart Recovery EA MT4 operates on the M15 timeframe. It’s designed for traders who prefer shorter timeframes and want to capitalize on intraday opportunities.

1. Currency Pair:
   • The EA is optimized for EURUSD. This popular currency pair provides liquidity and stable price movements, making it an ideal choice for Smart Recovery.
2. Trading Type:
   • Smart Recovery EA MT4 is not a risky scalper or a hedging strategy. Instead, it follows a smart recovery approach. Here’s how it works:
     • When the market conditions are oversold or overbought (based on MFI), the EA enters trades.
     • If the trade goes against us, the recovery system kicks in:
       • It works with two price levels (recovery distance at price level 1 and 2).
       • The lot size remains consistent (no aggressive lot size increases).
       • The EA aims to recover from drawdowns efficiently.

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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Happy Trading