Flex Recovery EA by FXautomater

Flex Recovery EA is One of The Most Successful Expert Advisors

Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that "highly profitable – low risk strategy" is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management. Flex Recovery EA is not for traders with $100-$200 accounts – the harsh truth is that you can make money ONLY with enough amount of money. The minimum account for using this strategy is $2000 and $5000 is better. Of course, you can try your luck with accounts below $1000, but the chances of long-term success are slim. DO NOT RISK MONEY, YOU CAN NOT AFFORD TO LOSE!!! … By the way this is a must, not only for this strategy, but for any kind of speculative trading, using even the "safest" strategy. Be smart, or you will lose your investments!!!

Flex Recovery EA Features:

Strong, pure and simple trading logic

Reasonable TP and SL levels

Exit by a trailing stop,

High spread, slippage and broker protection

Recommendations

Recommended timeframe: M5

Recommended backtest method: M5 by every tick

Supported currency pairs: GBPUSD

The default settings in Flex Recovery EA are optimized for GBPUSD M5!

Flex Recovery EA is ready for 2024 market conditions!

You get a product that is up to date and ready to use.

Download Flex Recovery EA

Flex Recovery EA Settings

==== Risk Management ====

UseAgresiveMM / true/false/ - activates/deactivates the martingale multiplication after loss
FixedLots – trading lots if AutoMM is not used
AutoMM – with values greater than zero activates the automatic MM calculation – as example 0.5 means 0.05 lots for the initial trade per 10k account equity
LossFactor – martingale multiplication factor after loss
MMStart – after how many which consecutive losses the martingale multiplication will be activated
MMReset – after how many consecutive losses the martingale MM will be canceled and the lot size will be set to the initial AutoMM lot size.
MMMax - the maximum allowed risk in martingale mode

==== General Settings ====

EA_Comment – custom comment, so the trader could identify the trades of Flex Recovery EA
MaxSpread - maximum allowed spread in standard 4 digit pips
Slippage - maximum allowed slippage in standard 4 digit pips
Magic - the unique identifier of the robot /Magic Number/
StopLoss – the Stop Loss level of the trade in standard 4 digit pips
TakeProfit - the Take Profit level of the trade in standard 4 digit pips
Trailing – trailing stop of the trade in standard 4 digit pips
StartTrailStop - profit/loss of the trade since which the Trailing Stop will be activated /could be a negative value/
CloseProfit - Minimum profit in pips at which the EA closes at closing signal.
Break – trading signal initiating breackout in in standard 4 digit pips
MAPeriod – period of the moving average used to define the volatility channel
ATRPeriod – period of the ATR indicator used to define the volatility channel
ATRUnit – parameter which defines how wide is the volatility channel

Flex Recovery EA is COMPATIBLE WITH MAC OS and Windows OS!

Flex Recovery EA is compatible with the most well known and used Operating Systems Mac OS + Windows OS. Our developers have been working very hard to adapt Flex Recovery EA to be compatible with all popular Operating Systems. Mac OS and Windows are the most popular OS around the world and therefore we have developed Flex Recovery EA to be compatible with them.

Flex Recovery EA Backtest Result

Below you can check the backtest result of our forex robot - Flex Recovery EA - on the GBPUSD currency pair.

GBPUSD

Period: 2006-2022

Risk: Auto MM

Deposit: $5000

653k Profit in Money

1.64 Profit Factor

29.07 Max Drowdawn

56.13 Profit Trades

8593 Total Trades

How to backtest Flex Recovery EA

If you wish to back-test Flex Recovery EA, first you should download history from the MetaTrader history center: click Tools -> History Center, or press the "F2" key of the keyboard. In the list, find the currency pair that you wish to back-test and double click to expand it. Click "1 Minute (M1)" and then click "Download". When the download process is finished, double click on "5 Minutes (M5)” and "15 Minutes (M15)" to convert the M1 data (repeat this for the rest of the time frames). Close the "History Center" window. Restart the MT4 terminal in any case. Check the below image!

To open the "Strategy Tester" window click the "Strategy Tester" button of the MetaTrader menu, or press "Ctrl+R" on the keyboard. In the "Strategy Tester" window chose Flex Recovery EA, chose one of the supported currency pairs, chose M5 timeframe, chose the method "Every tick ...", as shown below. Click "Start" to start the back-test.

Download Flex Recovery EA

If you want to trade with Flex Recovery EA you can download it by clicking the button below. You must be logged in your profile first! If you don't have a profile yet, you can register for free from the Registration page.

DOWNLOAD Flex Recovery EA

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Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.