Zone Recovery Area MetaTrader 4 Forex Robot
The Zone Recovery Area MetaTrader 4 Forex Robot is an advanced algorithmic trading software that uses a zone recovery hedging strategy to take market entries while effectively managing positions.
This Expert Advisor relies on a smart hedging system: when the market moves against an open trade, it opens a counter position in the opposite direction with a slightly larger lot size.
The EA’s algorithm can repeat this hedging process for up to six iterations, creating a series of counter trades until the market reaches a level where a profit or break-even outcome is possible.
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Key Features
Zone Recovery Hedging Strategy
The EA employs a zone recovery strategy, placing opposite orders at specified intervals to hedge against potential losses, aiming to recover them as the market moves in favor.
Automated Trade Management
Once activated, the EA automatically manages trades, adjusting positions based on market movements, reducing the need for manual intervention.
Customizable Parameters
Users can adjust settings such as lot size, grid distance, take profit levels, and maximum drawdown to tailor the EA to their trading preferences and risk tolerance.
Multiple Currency Pair Compatibility
The EA is designed to work with various currency pairs, offering flexibility for traders to choose pairs that align with their strategies.
Timeframe Flexibility
Suitable for multiple timeframes, the EA can be adapted to different trading styles, from scalping to long-term trading.
Strategy Tester Report
Find below the Zone Recovery Area forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
Overall Performance
The EA made a total profit of $1913.05 from a total of 147 trades.
The largest winning trade generated $631.89 in profits, while the largest losing trade generated a loss of $401.87.
Statistics:
Bars in test: 2536 ticks modelled
Initial deposit: $50000.00
Total net profit: $10692.70
Total trades: 147
Largest profit trade: $631.89
Largest loss trade: -$401.87
Consecutive wins: 2
Consecutive losses: 1
How the EA Works
- Monitors open trades for drawdowns.
- Places opposite orders at predefined intervals to hedge against losses.
- Adjusts positions as the market moves to recover losses.
- Closes all positions when a specified profit level is reached.
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Download the “ZONE RECOVERY AREA.ex4” Metatrader 4 robot
Parameters & Settings
- Lot Size: Define the trade volume per order.
- Grid Distance: Set the distance between opposite orders.
- Take Profit: Configure the profit level to close all positions.
- Maximum Drawdown: Limit the maximum allowable drawdown.
- Magic Number: Assign a unique identifier for the EA’s trades.
Recommended Trading Setup
- Use with major currency pairs like EUR/USD, GBP/USD, or USD/JPY.
- Test on a demo account before live trading.
- Monitor performance and adjust settings as needed.
- Ensure a stable internet connection and VPS for uninterrupted operation.
FAQ
How does the Zone Recovery Area EA manage losing trades?
The EA uses a zone recovery hedging strategy, opening opposite trades at predefined intervals to recover losses as the market moves.
Can I use this EA on different currency pairs?
Yes, it works on multiple currency pairs, though performance is best on major pairs like EUR/USD, GBP/USD, and USD/JPY.
Is this EA suitable for all timeframes?
Yes, the EA can be used on various timeframes, but shorter timeframes may require closer monitoring due to faster market movements.
Do I need constant supervision?
The EA operates autonomously, but periodic monitoring is recommended to adjust settings and manage risk effectively.
Can I customize trading parameters?
Absolutely. You can adjust lot size, grid distance, take profit, maximum drawdown, and more to match your trading strategy and risk tolerance.
Summary
The Zone Recovery Area EA is a powerful automated trading solution designed to help traders manage losses and maximize profits using a smart zone recovery hedging strategy.
By strategically opening opposite trades at predefined intervals, the EA mitigates drawdowns and turns potential losing positions into profitable opportunities.
Its customizable settings allow traders to adjust lot sizes, grid distances, take-profit targets, and maximum drawdowns, making it suitable for a wide range of trading styles and risk appetites.
Compatible with multiple currency pairs and timeframes, the EA operates autonomously while maintaining flexibility for manual oversight.
