RobotFX Auto Recovery

robotfx-tools:

RobotFX Auto Recovery is an expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is the trade management part of the RobotFX Fluid EA, with less features (HedgeZone). A very simple but effective way to hedge a losing trade so it will close if not in profit, at least at break-even.

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Technically, the Auto Recovery expert advisor places an opposite pending order at the StopLoss distance (in pips) from the opening price, using a higher lot size. This replaces the classic stoploss which, when hit, leads to a loss. If the price doesn’t go in your favor – and so TakeProfit is not reached to close the trade – but instead reverses and hits the pending order, that pending order becomes an active order. At the same time, the EA will open another pending order, at the same level with the first one and of the same kind, but with (again) a higher lot size. Some traders like to call this advanced zone recovery (the area between the opposite trades) (shortly ALR EA).

The pending orders’ lot size is calculated so that the profit will always increase (if the price hits them and continues further).

Eventually the price will break in either up or down direction and the basket will close when the profit reaches MinProfit – this is in dollars. You have the option to set the MaxOrders to limit the total number of opened trades and also to instruct the EA to close all of the trades (ForceCloseAtMaxOrders) regardless of the profit (can be negative).

Check the picture below to understand how hedging works in forex trading. Mind that the lot size of the pending orders depends on the recovery zone width (the “StopLoss”) and the TakeProfit distance.

FOREX HEDGE EA

How RobotFX Auto Recovery works

Please take your time to read the

RobotFX Auto Recovery manual.

Buy RobotFX

RobotFX Auto Recovery costs 114$. Buy this product and get advantage of:

– One time payment – no monthly/yearly/etc subscription fees

– All the other indicators/experts/scripts/templates used in this strategy free of charge *

– Free updates for life – sent automatically to your email address **

* if the expert advisor needs extra indicators/scripts to function

** as soon as the metatrader expert advisor will be updated

The newest version includes break-even.

via RobotFX Auto Recovery on July 30, 2016 at 09:06PM at robotfx

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RobotFX Auto Recovery

This is the perfect example that even the best expert advisor or…

This is the perfect example that even the best expert advisor or strategy, used by the inexperienced trader, will lead to loss.

This guy bought 3 expert advisors, without learning what they can/cannot do, and used them right away, no testing whatsoever. They are not even compatible to each other, just random EAs. And after he lost his money waiting for the Renko Charts to close his trades – mind that this EA doesn’t manage trades in any way – now he is blaming RobotFX.

He doesn’t ask for help, he only wants a refund. And this tells me that he might just enjoy using these EAs, which otherwise work flawlessly for everyone, while trying his scam to get the money back.

The above message is a mild one, the other emails we received are stronger.

Dear traders, please take the time to learn to trade, then use an EA to ease/automate your trading style. Don’t think for a second that an EA alone will bring you money, ‘cause it won’t. Without experience, you will lose your capital like the guy in this story.

We’re still waiting for him to send us the screenshots, logs, settings etc so we can identify the mistakes he made and show them to him.

via This is the perfect example that even the best expert advisor or… on July 30, 2016 at 09:15AM at robotfx

This is the perfect example that even the best expert advisor or…

That’s hedging. A lost short trade covered by a winning long…

That’s hedging. A lost short trade covered by a winning long trade with a higher lotsize. Both trades closed when the sum between them was 0 $, at break-even. That’s why using a stop-loss leads you to a loss, while proper hedging not.

Trading using the Fluid EA at http://robotfx.ro 

via That’s hedging. A lost short trade covered by a winning long… on July 27, 2016 at 04:26PM at robotfx

That’s hedging. A lost short trade covered by a winning long…