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Rated 4.5/5
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Users also value quick response times and professional issue resolution. The site is easy to navigate, prices are fair, and overall trust in the company is high.

📦 What's Included

Instant Download Access

Get your EA files immediately after purchase via email and your account dashboard

Professional Installation Guide

Detailed PDF with screenshots showing every step of the installation process

Recommended Settings Included

Optimized parameters and configuration guidance included in your download package

Free Updates - Never Pay Twice

When we release new versions, download them free from your account - you own this EA for life

Customer Support Included

Direct email support for installation help and technical questions

7-Day Technical Guarantee

If the EA fails to attach due to verified technical errors we can replicate, full refund issued

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30-Day Performance Promise

Not satisfied? Exchange for another EA or get full store credit (Only for products priced $150+ or higher)

Loss Recovery Trader EA MT4

4.5/5 - 116 Reviews

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:
+
Unknown

Instant Download

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We Are Rated

Excellent

4.6/5 - 134 Reviews

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Original price was: $300.00.Current price is: $129.95.

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What Happens After Purchase:

? Instant download + email delivery Immediately after payment, you receive download links via email plus access to your customer dashboard. ? Free updates All future versions are free. Download new updates anytime from your account - you never pay twice. ? Customer support Direct email support for installation help and technical questions from our team. ? 7-day refund guarantee If the EA fails to attach to your chart due to verified technical errors we can replicate, we'll issue a full refund within 7 days. Does not cover trading performance.
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🟨 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

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.

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. 

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.

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.

After successful payment, your product will be available for download instantly in the following ways:

  • 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, where you can access it anytime.

Please note, 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.

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.

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Loss Recovery Trader EA Product Image LogoLoss Recovery Trader EA MT4
Original price was: $300.00.Current price is: $129.95.