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.
How To INSTALL On MT4:
How to UNINSTALL Indicators and EA’s from MT4 Correctly
If you have any questions Contact Us and we will reply asap.