AW Recovery EA MT4 V3.3 (working build 1420)

What is AW Recovery EA?

AW Recovery EA, developed by Alexander Nechaev of AW Trading Software Limited, is an innovative Expert Advisor (EA) designed to assist forex traders, especially beginners, in managing and recovering from unprofitable positions. Recognizing the core challenge beginners face—dealing with losses—AW Recovery EA offers a strategic solution by breaking down losing trades into manageable parts for a more controlled and less risky recovery process.

• Vendor: https://www.mql5.com/en/market/product/49453
• Author: https://www.mql5.com/en/users/nechaevrealle

Key Takeaways:

• Addresses Beginner Challenges: AW Recovery EA specifically targets the pain point of handling losses, making it an essential tool for traders who are new to forex trading.
• Risk Management: By splitting a losing position into several parts and closing each separately, it significantly reduces the deposit load, offering a safer alternative to traditional grid strategies.
• User-Friendly: Designed with simplicity in mind, it provides easy setup and operation, even for those with limited trading experience.

Key Features:

• Automated Loss Recovery: Automatically locks and splits losing positions into smaller parts for gradual recovery.
• Protective Functions: Includes trend filtering, overlapping, and other risk management features to safeguard your investment.
• Flexibility: Works alongside other EAs, with options to disable them if necessary, offering versatility in trading strategy implementation.
• User-Centric Design: Focuses on the user’s needs, providing a straightforward interface and settings for specific trading scenarios.

AW Recovery EA Setting & Recommendations:

• Platform: MT4
• Currency Pairs: Works on the currency pair it is installed on. For multiple pairs, install separately on each.
• TimeFrame: M30
• Minimum Account Balance: $1000
• Preset: Default.
• VPS: Recommended for continuous operation.
• Broker: Preferably with low spread and slippage to enhance performance.

Video Instructions and description of the AW Recovery EA bellow:

AW Recovery EA Review:

In testing AW Recovery EA, it performed as promised, demonstrating its ability to manage and recover from losses effectively. While it may not eliminate losses entirely, its methodical approach to breaking down and recovering losing positions offers a tangible solution to one of the most daunting challenges for beginners. Its simplicity and automated features make it a valuable tool, though users should remain mindful of market conditions and risk management practices.

Why AW Recovery EA?

• Beginner-Friendly: Takes the complexity out of managing drawdowns, making it easier for beginners to navigate the forex market.
• Learning While Trading: Offers a hands-on approach to understanding risk management and trading strategies without the immediate pressure of manual trading.
• Comprehensive Support: Comes with detailed manuals, tutorials, and a supportive community, ensuring users can fully leverage the EA’s capabilities.
• Enhanced Trading Routine: By automating the recovery process, it allows traders to focus on refining their strategies and exploring new opportunities.

AW Recovery EA stands out not only for its innovative approach to handling losses but also for the comprehensive support and educational resources provided. It’s a tool that not only aids in immediate recovery efforts but also contributes to a trader’s long-term growth and understanding of the forex market. Whether you’re a beginner looking to safeguard your investments or an experienced trader seeking to enhance your strategy, AW Recovery EA offers a thoughtful and effective solution.

AW Recovery EA MT4 Download:

• Link download expert: AW Recovery EA MT4 .ex4

Download link, Installation guide will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

Payment:

• Payment Options: PayPal, credit card, USDT TRC20, Binance Pay

Risk Warning:

• Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
• Past performance is not a guarantee of future profits.
• Always test EAs on a demo account before applying them to a live account.