The Scalping Recovery EA is a fully automated Forex trading tool designed for traders who seek effective trade management and loss minimization. By incorporating a sophisticated loss recovery system, this EA provides a balanced blend of profitability and risk control. Its innovative trading strategy, coupled with selective trade execution, ensures it stands out in the world of automated trading.
What Makes Scalping Recovery EA Unique?
This expert advisor employs a strategic and methodical approach to trading, opening positions with pending orders to ensure precision. It prioritizes quality over quantity, typically executing only one to two trades per week. This disciplined approach reflects its focus on maximizing performance while minimizing unnecessary risk.
Key Features of Scalping Recovery EA
1. Selective Trading
- Opens only one trade at a time, emphasizing careful market analysis and timing to enhance profitability.
2. Advanced Loss Recovery System
- A standout feature of this EA is its loss recovery mechanism.
- If a trade incurs a loss, the EA activates recovery by opening the next trade with double the lot size (this setting can be adjusted).
- This recovery strategy is applied once per loss cycle, ensuring that risks remain controlled without excessive exposure.
3. Risk Management Protocols
- Every trade includes a stop-loss to safeguard investments, preventing unrecoverable losses and promoting disciplined trading.
4. Regulation Compliance
- Designed to adhere to FIFO (First In, First Out) rules, making it suitable for traders in jurisdictions with specific regulatory requirements.
5. Avoidance of Risky Strategies
- The EA avoids high-risk methods such as Martingale, grid, or hedging strategies, opting instead for a straightforward, calculated trading approach.
6. News Filter Integration
- With the latest update, the EA now features an advanced news filter.
- This filter automatically monitors high-impact economic events, pausing trading during volatile periods.
- By doing so, it ensures a stable trading environment and reduces exposure to sudden market shifts.
Recommendations for Scalping Recovery EA
Minimum Account Balance: 
- A starting balance of $100 is recommended for optimal performance.
Best Currency Pair:
- The EA works best on EURUSD but can be applied to other currency pairs as well.
Optimal Timeframe:
- It is designed for the H1 timeframe, though it can function effectively across different timeframes.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
