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RobotFX Auto Recovery is an expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is the trade management part of the RobotFX Fluid EA, with less features (HedgeZone). A very simple but effective way to hedge a losing trade so it will close if not in profit, at least at break-even. Basically it is a hedging expert advisor for MetaTrader. Auto Recovery EA is basically a hedging EA designed to recover the loss from a losing trade Technically, the Auto Recovery EA places an opposite pending order at the Recovery Zone distance (in pips) from the opening price, using a higher lot size. This replaces the classic stoploss which, when hit, leads to a loss. If the price doesn’t go in your favor - and so TakeProfit is not reached to close the trade - but instead reverses and hits the pending order, that pending order becomes an active order. At the same time, the EA will open another pending order,

The RobotFX Renko Chart is an expert advisor that allows the creation and use of the renko bars charts on Metatader. As you probably know already, the Metatrader doesn’t have renko bars, its defaults being candlesticks, line and bars. This Renko expert advisor allows the creation of renko charts on MetaTrader Before you load the EA on the chart it is recommended that you switch to the M1 time-frame and uncheck the autoscroll box (see above). Then keep pressing the Page Up button on your keyboard so the chart will scroll back a few months to load the history data. By default, the Renko EA will build renko charts of 10 pips bar size. You have the possibility to change the bar size with any other value (in pips) you want or use the automatically calculated ATR bars. Don’t forget to click the MetaTrader’s AutoTrading button. After the expert advisor loads on the M1 chart and creates the offline renko bars chart (default timeframe is M2) you should see the instructions in the left corner of

RobotFX Fluid is a MetaTrader expert advisor capable of detecting the trend, opening/closing trades only within a defined price movement (at precise entry/exit levels), manage winning trades as well as recovering a lost trade. The idea behind the RobotFX Fluid expert advisor is not only to spot the trading signals and open trades at the exact right moment, but also to help the traders with their money and trade management. This is where the 95% of the traders fail in forex. They have been indoctrinated with the necessity of using a stoploss and precise take profit targets, risk/reward ratios etc. Ask yourself this: “If 95% of the traders are losing their money, do I really want to follow the same rules they do?!” This trend EA can open trades according to the trend and also manage them Although the EA can set a classic stoploss, it can also hedge a losing trade by opening an opposite trade of a higher lot size. In the screenshot above, the expert advisor traded with the trend until the

The trading strategy of RobotFX Stairsteps expert advisor is to trade breakouts of consolidation zones. It often happens that the price moves in a short range (ie the price consolidates) for a while and then breaks out of these consolidation zones. When this happens, many traders set pending orders above or below these zones - if they are following the trend, or at both ends if they are uncertain of the trend - in this case trader should consider using an OCO (one cancels other) approach. When the price breaks out of the CZ (consolidation zone) and hits the pending order(s), a trade will open. The expert advisor detects consolidation zones and opens trades when the price leaves them To better understand how the RobotFX Stairsteps EA works please check the screenshot above. As you can see, the trend is down. The price goes down step by step, just like a stair. The stair steps are the consolidation zones. RobotFX draws the CZ and enters short trades as soon as the price leaves the conso