The TTPro Trade Manager & Loss Recovery EA for MT4 is a Safety Net that converts loosing trades into a break-even or minimal loss outcome through a unique hedging strategy.
Place a trade as usual, however where you would normally place a stop loss, the EA will recognise this as the recovery level and if the price moves to this level, the recovery mechanism will activate a pending order in the opposite direction to the initial trade. Depending on the direction of the market thereafter, the EA will either close at near break even or continue activating a predefined number of pending orders/trades until a Target is reached closing the basket of trades with minimal loss.
Below is the intro to the EA. I cover my winnng trade strategy and how the EA can take the place of a stop loss and arrive at a minimal loss outcome in the event of a trade going against you.
Set and forget:
- Easy to set up.
- Load the EA to the chart.
- Edit the risk settings.
- Start trading.
- Let the EA manage the trades.
- Recommended for trending markets 4h or 1d time frame.
- Use in conjunction with our daily Trade Signals.
The EA will:
- Close the trade if the Target is reached or..
- Open a trade slightly larger than the initial trade in the opposite direction if price goes against you.
- Continue the recovery process until a target is reached and will close the basket of trades.
The usage and configuration of the expert advisor is very easy.
It offers a complete trade management solution, from initial trade to closing at target or going into recovery mode to preserve your capital
If you have any questions Contact Us and we will reply asap.