Flex Recovery EA
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
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 Settings
==== Risk Management ====
==== General Settings ====
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.
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.