Available soon
Loading product…
Loss Recovery 2 MT5 is an expert advisor that manages losing positions, opened by hand or by another EA, using a zone recovery method until the basket can be closed. Trading carries risk and past results do not predict future ones.
Get one message the moment it launches, with its price.
Loss Recovery 2 is an MT5 expert advisor for traders who have a position that has moved against them and want a rule-based way to manage it. It takes over positions you opened by hand or that another EA opened, and works them using a zone recovery method.
Once a chosen position reaches the start condition, the EA begins managing it as part of a basket. It uses a price zone around the entry. When price moves out of the zone, it places further orders with a changed volume, following the volume rules you set. The aim is to close the whole basket at break-even or at a small target you define. Because volume is increased in steps, exposure can grow quickly, so the settings matter a great deal.
The zone can have a fixed height in points, or a height based on ATR. You can also let the zone grow at each step, either by a fixed number of points or by an ATR-based amount, or keep it unchanged.
Volume can rise by adding a fixed number of lots at each step, or by multiplying the previous volume. A multiplier raises exposure much faster than a fixed addition.
The exact default values depend on the file you receive, so read them in the input window and adjust them for your symbol and account size.
| Setting | Purpose |
|---|---|
| EA action | Selects which positions are managed, or switches on testing mode |
| Start mode | Fixed points or ATR, percent of balance, or amount of loss |
| Distance to start | Zone height in points, or an ATR multiplier |
| Extend zone height | Fixed points, ATR or no extension, with the amount added per step |
| Volume mode | Add lots or multiply the last volume, with the matching value |
| Take profit | Total target for the basket; zero aims only at break-even |
| ATR timeframe and period | Control how ATR-based distances are calculated |
| Show panel | Turns the live report on the chart on or off |
| Close other charts on start | Closes other charts when recovery begins to stop other EAs placing orders |
To see how it behaves in the strategy tester, set the action to testing mode. You then enter a time in hh:mm format, a direction (buy or sell) and a volume. The EA opens that deliberately wrong position at the given time on the first day of the test and starts managing it. Check that price actually moves against the position afterwards, otherwise the test shows little. You can optimise inputs, but treat optimised results with caution.
The EA can be attached to any chart timeframe. The ATR timeframe is a separate input, so the chart timeframe does not have to match it. It works with symbols offered by your broker; check contract size, minimum lot step, spread and margin rules for each symbol before use. A hedging account type is generally needed for opposing positions.
Recovering a loss with larger follow-up orders can deepen the drawdown if the market trends. Use volume steps you can afford, keep an eye on free margin and test on a demo account first.
Trading carries risk and past results do not predict future ones. This tool does not remove the risk of loss, and a recovery basket may still close at a loss or be stopped out.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (trade management and recovery) |
| Strategy type | Zone recovery basket with volume steps (volume-based) |
| Markets | Any symbol available on your MT5 account |
| Timeframes | Any; ATR timeframe is set separately in the inputs |
| Trade style | Manages existing positions and adds recovery orders |
| Requirements | Algo trading enabled; hedging account recommended |
| Panel | Optional live report on the chart |
No reviews yet. Customers who own Loss Recovery 2 MT5 can review it here.
It is built to take over positions that are already losing, whether you opened them manually or another EA did. After recovery starts it places its own orders to manage the basket. The exception is testing mode, where it opens one deliberately wrong position so you can watch the logic in the strategy tester.
No. Zone recovery adds orders with larger volume as price moves, which increases exposure. If the market keeps moving in one direction, or your margin runs out, the basket may close at a loss or be stopped out. Trading carries risk and past results do not predict future ones.
This product is for MetaTrader 5. An MT4 terminal cannot run it, and an MT4 edition would be a separate product. Check the platform of your broker account before buying.
Start with the EA action, which decides which positions are managed, then the start trigger and distance, the zone extension option, the volume mode with its add or multiplier value, and the basket take profit. Test different values in the strategy tester on your own symbol and broker conditions rather than copying numbers from elsewhere.
It is best to stop other EAs from touching positions that are under recovery, since conflicting orders can disturb the basket. You can keep trading other instruments or your own trades on the account, but check that the chosen action and magic number do not pull those trades into the recovery.
Copy the expert file into the Experts folder via File, Open Data Folder, MQL5, Experts in MT5, restart the terminal or refresh the Navigator, then drag the EA onto a chart with algo trading enabled. Set the inputs before enabling live use.
Loss Recovery 2 MT5
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own Loss Recovery 2 MT5? Sign in to review it.