This MetaTrader 5 expert advisor functions as a grid-based recovery system that can operate independently or manage trades from external EAs via magic number filtering.
AW Full Recovery EA initiates entries using Bollinger Bands and RSI indicators, then manages drawdown through a recovery grid matrix. The system employs dynamic ATR-based spacing and lot scaling to navigate losing streaks. Risk management features include a hedging trigger, partial closing logic to reduce exposure, and an emergency liquidation threshold based on margin levels. It includes a comprehensive on-screen dashboard for monitoring basket profit and grid telemetry.
1Download the sourceUse "Download source (.zip)" above, or clone wongthep/AW-Full-Recovery-EA-v1.10- from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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