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What's Included

Installation Guide
Step-by-step PDF with screenshots
Optimized Presets
Ready-to-use configuration files
Lifetime Updates
All future versions included free
Email Support
Help with setup & technical issues
Need help? Message us on Telegram, or contact us

Our Customer Reviews

Real reviews from our 28,000+ customers

Loss Recovery Trader EA MT4

Loss Recovery Trader EA for MT4 by Michalis Phylactou is an advanced zone recovery bot that turns losing trades into breakeven or profit using a structured grid-based strategy with dynamic lot control.

Ideal for traders who want to recover from drawdown intelligently.

The Download Package Includes:
+ Expert: Loss Recovery Trader (.ex4) – Version 12.4
+ Pairs/Timeframes.txt
+ How to Install MT4 files.pdf

More Information:
+
https://www.mql5.com/en/market/product/7562

Live Performance Signal:
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Original price was: $749.00.Current price is: $249.95.

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If your EA isn't profitable after 30 days of proper use, we'll exchange it for another product of equal or lesser value. No questions asked.
HOW IT WORKS
  1. 1Use the EA for 30+ days with recommended settings
  2. 2Send us your trading logs and settings screenshots
  3. 3Get a free exchange for another EA
Applies to products $150+. Requires proof of proper installation and use per documentation. One exchange per customer.

What's Included

Installation Guide
Step-by-step PDF with screenshots
Optimized Presets
Ready-to-use configuration files
Lifetime Updates
All future versions included free
Email Support
Help with setup & technical issues
Need help? Message us on Telegram, or contact us

🟨 Introduction to Loss Recovery Trader EA

Loss Recovery Trader EA is a specialized expert advisor designed to help traders recover losing trades through a structured and intelligent zone recovery algorithm. Developed by Michalis Phylactou, this EA initiates a smart sequence of alternating buy/sell trades when the market moves against you, closing all trades at breakeven or a small profit once the price hits one of two predefined exit points.

Whether you’re manually entering trades or integrating this EA with another bot, the system is flexible, powerful, and fully automated once configured.


🔑 Key Features

Zone Recovery Strategy
Initiates trades in opposite directions with calibrated lots to recover loss and exit at breakeven/profit.

Manual or Automated Entry
Use panel buttons, MA crossover, or external EA integration to trigger the initial trade.

Smart Recovery Logic
Handles recovery with flexible pip gaps, profit targets, and lot progression methods.

Advanced Risk Controls
Limit max trades, max spread, max loss/profit at the account level.

External EA Support
Syncs with other bots via magic numbers, making it a perfect plug-in recovery module.

Visual Panel & Config Options
Includes trailing stop, breakeven triggers, and moving average setups for the first trade.


💡 How It Works

Once the initial trade is placed, if the market moves the wrong way, the EA:

  1. Starts placing alternating orders (buy/sell) above and below the recovery zone.

  2. Adjusts lot sizes based on selected logic (multiplier, fixed target amount, or custom).

  3. Monitors the zone until one of the exit lines is hit.

  4. Closes all trades in combined profit or breakeven — ending the recovery cycle.

📊 Illustrated clearly below:

Loss Recovery Trader EA How the Strategy Works
Loss Recovery Trader EA How the Strategy Works

⭐ Real User Reviews

💬 Eleni Anna Branou
“Excellent product. It can really help your trading and avoid losses. Super fast and prompt support from Michalis, always the best!”

💬 Brian Hudson
“Just started using this EA, but it’s showing positive results. Lots of smart settings. I love that I can use it with another EA or standalone.”

💬 zancuts
“This EA helped me recover trades that would’ve otherwise blown my account. Highly recommend, but use smart lot sizes!”

💬 Matthew Winfield
“Very comprehensive. If you read the manual and understand it, this thing will do wonders. Support is A+.”

💬 HLong P
“If you take the time to set it up right, it works beautifully. I’ve used it with custom EAs to handle losses automatically.”

💬 Maarten Merkens
“Professional-level product. Very useful when combined with grid or recovery setups. Michalis gives top-notch support!”


🛠️ Settings Overview

  • FirstTrade Mode: Manual, EA panel, external EA, or MA strategy

  • Recovery Zone: Set gap pips, TP pips, and lot calculation method

  • Lot Calculation: Profit Target, Multiplier, or Custom

  • Safety: Max trades, spread filter, loss/profit cutoffs

  • Optional MA Trigger: Use dual MA crossover to trigger the recovery cycle

  • Trailing Stop & Break Even: Optional smart exit tools for the first trade


📈 Why Choose Loss Recovery Trader EA?

🔄 Perfect for recovery-focused strategies
⚙️ Highly customizable and modular
🧩 Works standalone or integrates with other EAs
📉 Helps avoid stop loss-based exits
🧠 Great for traders who understand risk control


❓FAQs

1. Can I use this EA alongside another EA?

Yes, just match the magic number and select “External_EA_Trade” as the first trade method.

2. Does it use martingale?

It uses controlled lot progression, not true martingale. You can set custom formulas or fixed targets.

3. Is this suitable for beginners?

Partially. While setup is flexible, understanding lot sizing and risk exposure is critical.

4. Does it work with any broker?

Yes, but a low-spread ECN broker is recommended. Set a Max Spread filter to avoid bad entries.

5. Can I limit the number of trades or loss?

Yes — configure Max Active Trades, Max Profit, and Max Loss in the settings.

6. Is a VPS necessary?

Highly recommended for uninterrupted performance, especially with pending orders or trailing logic.


🟢 Conclusion

If you’re tired of giving up on losing trades, Loss Recovery Trader EA gives you a second chance — intelligently. Its structured logic, flexible risk settings, and seamless integration with external systems make it a powerful tool for both manual and algorithmic traders.

Whether you’re recovering from grid-based bots or manually misfired entries, this EA helps close your positions with dignity — and often, profit.

Reviewed by Our Trader

Picture of Peter Jones

Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.

Pre-Purchase FAQs

Are updates always free?

Yes, all updates are completely free—you'll never pay twice.

We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.

All versions are stored in your account for easy access.

What's your refund policy?

We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.

However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.

I need assistance installing this?

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products.

Can I use this on multiple accounts?

Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.

You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.

There are no license limits or activation keys. Buy once, use everywhere.

How do I download after payment?

After successful payment, your product will be available for download instantly:

  • Displayed on the screen immediately after checkout
  • Emailed to the address you provided during purchase
  • Stored in your account if you created one at checkout

In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.

Is this an original product?

Yes, absolutely.

We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

Why Traders Trust Us

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In Business Since 2019
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