Setting up and testing AW Recovery EA

What AW Recovery does

AW Recovery EA is a system for recovering unprofitable positions. When a position goes badly against you, the EA locks it, splits it into many separate parts, and closes each part separately using profit from averaging orders. Closing losses in parts lets you exit a deep drawdown with a much lower deposit load than holding the whole position and waiting.

The EA can recover positions opened by hand, by another EA, or by a combination of both — and it can pause or disable the other EA while it works, so nothing interferes with the recovery.

How the recovery works

Three mechanisms run together:

1. Locking

   The EA aligns buy and sell volumes so the loss stops growing. From this moment the drawdown is frozen, whatever the market does.

2. Averaging orders

   A grid of averaging orders opens by the rules you set — volume, step, multipliers and an optional trend filter. Their profit is the fuel for the recovery.

3. Partial closing

   As soon as accumulated profit covers a part of the losing position, the EA closes that part — starting with the orders you told it to prioritize. Step by step, the position shrinks to zero.

The part being processed right now — a slice of the losing position plus its averaging orders — is called the current group. You can watch it and close it manually from the current-group panel.

Testing in the strategy tester

Test the EA before running it on a live account. Use Visualization mode — the on-chart panel is fully functional in the tester, so you can simulate a real drawdown and watch the whole recovery.

1. Open the strategy tester

   Select AW Recovery EA, pick a symbol, and enable Visualization.

2. Enter the deposit

   Use the amount you actually plan to dedicate to the recovery — the test is only meaningful with a realistic deposit.

3. Choose the launch mode

   Instant start, or start at a drawdown threshold in percent or in money — the same setting you will use live.

4. Simulate the drawdown

   Open orders from the EA panel until you reach the volume and drawdown you want to test. Then let the EA take over and watch it unwind the position.

Exit from standby mode

When the launch condition is met, the EA performs a one-time sequence of actions before starting the recovery. Each action is optional and controlled by an input:

All of this happens once, at initialization — not continuously during the recovery.

Automatic locking

Locking (Use locking) is what freezes the drawdown. Whether to keep it automatic depends on how you run the EA:

• Enable it when the EA works standalone and you don't plan to interfere — especially on a VPS, where nobody is watching and a second algorithm could add volume the EA doesn't expect.
• Disable it when you add orders manually during the recovery, or run a parallel algorithm on the same symbol — the EA would otherwise immediately lock every new order it sees.

Running alongside other EAs

Compatibility comes down to one rule:

Then choose how the recovery starts:

Tuning recommendations

Four numbers define the character of the recovery. The manual's formulas give a sane starting point; refine them in the tester.

Part to close

Mentally divide the losing order into 6–8 parts — that is the slice the EA will try to close each time:

Volume of the averaging order

Keep averaging volume in a 1 : 1.5 ratio to the closing part:

TakeProfit for partial close

Do not set it below three spreads — the group must at least clear costs:

Step between averaging orders

Derive the step from real volatility — ATR(14) on the daily chart — instead of guessing points:

Multiplier to step then stretches the grid progressively, so far orders sit farther apart than near ones.

Trend filters

Averaging orders can open blindly at intervals, or only when a filter agrees. Three modes are built in (Trend filtering for average orders):

Trend Predictor mode settings

• Timeframe — set it larger than the working chart; the filter should see the bigger picture.
• Amplitude — higher values mean fewer, stronger signals.
• First trade — by trend direction, or at trend reverse.
• Averaging — in any direction, or only in the direction of the trend.

Current group & commissions

The current group is the slice of the losing position the EA is working on right now, together with its averaging orders. The group's TakeProfit calculation accounts for swaps and commissions — so the close is profitable in fact, not only on the screen.

On ECN accounts, where commission is charged separately, enable Use full commission when calculating so partial closes account for the full round-turn commission.

Notifications

The EA reports two events: recovery started (the EA left standby) and recovery completed.

Identifiers and MagicNumbers

The EA distinguishes two groups of orders: the orders being recovered, and its own averaging orders (MagicNumber of average orders). Which orders get recovered is set by MagicNumbers group for recovery:

The queue is controlled by What orders to start from — begin with the easy-to-close orders or with the hard ones — and First ticket for recovery overrides the queue for one specific order.

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