coensiorecoveryeav01.pdf

Presents CoensioRecovery EA V01 (Beta) +++ FREE DEMO VERSION +++

Table of Contents 1 Intro!"ction # # Disc$ai%er& & EA insta$$ation' ' EA oeration '1 EA ara%eters

1 Intro!"ction *e$$o e$$o, tra!ersIn t.is s.ort %an"a$ I/$$ !escrie %y ne,est tra!in syste%2 ,.ic. is ase! on a s%art  ac34an!4ort. .e!in stratey 5.en "se! in a roer ,ay2 t.is stratey can e e6tre%e$y  roita$e an! ive yo" a ."e a!vantae2 eca"se o its ai$ity to t"rn every $osin  osition into a ,innin one O co"rse2 t.is tye o tra!in is not or everyone2 t.ere is so%e ris3 invo$ve!2 "t ro% %y o,n e6erience it is very !iic"$t to $ose %oney ,it. t.is syste%2 "t or s"re2 it can .aen to anyone- My ersona$ reco%%en!ations are7 1 Ma3e s"re yo" "$$y "n!erstan! t.e syste% an! a$$ ris3 invo$ve! # 8se it in co%ination ,it. yo"r avorite entry stratey & Avoi! ranin %ar3ets- 9"it as :"ic3$y as yo" can2 even i it %eans to ta3e so%e ;acceta$e< $osses ' Practice on yo"r !e%o acco"ntI ,is. yo" t.e estC.ris (ro% Coensioco%)

# Disc$ai%er  =ra!in inancia$ instr"%ents2 a$,ays invo$ves a ossi$e ris3 o $osin t.e initia$ !eosit =.e .yot.etica$ eror%ance tra!in res"$ts2 t.at are resente! on2 or "$is.e! y t.e ,,,coensioco% ,esite an! a$$ o t.e rovi!e! too$s are enera$$y reare! ,it. a  eneit o .in!si.t F"rt.er%ore2 t.is EA version is sti$$ in eta .ase an! is %eant or e!"cationa$ "roses on$y By "sin t.is E6ert A!visor yo" aree an! "n!erstan! t.e ris3s invo$ve! >o" a$so "n!erstan! an! ac3no,$e!e2 t.at t.ere is a very .i. !eree o ris3 invo$ve! in FORE? tra!in =.e a"t.or an! t.e "$is.er are not resonsi$e or any actions t.at yo" "n!erta3e an! ,i$$ not e .e$! acco"nta$e or any $oss or in@"ries ;CF=C R8E ''1 4 *>PO=*E=ICA OR SIM8A=ED PERFORMANCE RES8=S *AVE CER=AIN IMI=A=IONS 8NIE AN AC=8A PERFORMANCE RECORD2 SIM8A=ED RES8=S DO  NO= REPRESEN= AC=8A =RADIN ASO2 SINCE =*E =RADES *AVE NO= BEEN E?EC8=ED2 =*E RES8=S MA> *AVE 8NDEROR4 OVER COMPENSA=ED FOR =*E IMPAC=2 IF AN>2 OF CER=AIN MARE= FAC=ORS2 S8C* AS AC OF I98IDI=> SIM8A=ED =RADIN PRORAMS IN ENERA ARE ASO S8BEC= =O =*E FAC= =*A= =*E> ARE DESINED 5I=* =*E BENEFI= OF *INDSI*= NO REPRESEN=A=ION IS BEIN MADE =*A= AN> ACCO8N= 5I OR IS IE> =O AC*IEVE PROFI= OR OSSES SIMIAR =O =*OSE S*O5N< Coyri.t  #01' ,,,coensioco%

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Coyri.t7 =.is !oc"%ent an! t.e rovi!e! sot,are are rotecte! y t.e coyri.t o ,,,coensioco% an! cannot e re,ritten2 re4"$is.e!2 S=ORED OR INED A= AN> FIE S*ARIN SI=ES or FOR8MS or "se! or any ot.er "$ications ,it.o"t t.e roer  reerencin an! ,it.o"t a"t.or/s er%ission Coyri.t  #01' ,,,coensioco%

& EA insta$$ation  

1 =o roer$y insta$$ t.e rovi!e! EA @"st coy t.e e6' i$e to yo"r M=' e6erts !irectory2 e7 C:\Program Files (x86)\MetaTrader - Alpari UK\MQL\!xperts\ # Do not oret to restart yo"r M=' ter%ina$ & C.ec3 t.e M=' ter%ina$ settins7

 "ll#stratio$ %: MT setti$gs ' oa! t.e EA on c.art an! insert yo"r ersona$ $icense 3ey in EA ara%eter ,in!o,2 ,.ic. yo" .ave ac:"ire! !"rin EA !o,n$oa!  C.ec3 t.e EA settin2 "n!er ;Co%%on< ta7

Coyri.t  #01' ,,,coensioco%

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 "ll#stratio$ &: !A setti$gs

' EA oeration =.is tra!in syste% "ses a s%art ac34an!4ort. .e!in %ec.anis%2 t.at is contin"o"s$y oenin ne, ositions accor!in to t.e recent %ar3et %ove%ents Eac. ti%e a ne,  osition is oene!2 syste% tries to esti%ate a ne, ot sie2 ,.ic. is re:"ire! to rea3even or to roit at t.e oriina$ =a3eProit2 "t ASO at t.e oriina$ Stooss $eve$ =.is res"$ts in a ro" o oen ositions t.at event"a$$y ,i$$ a$,ays t"rn into a roit2 ,.en t.e %ar3et ,i$$ o in eit.er !irection " or !o,n A$$ tra!es are a"to%atica$$y c$ose! ,.en t.e overa$$  roit reac.es t.e re4!eine! Force=a3eProit $eve$ or re4!eine! =a3eProit or Stooss $eve$ PiProitOset settin ens"res t.at a$$ ne, recovery tra!es are taretin s$i.t$y $o,er =a3eProit $eve$s (,rt t.e irst oen osition) =.is res"$ts in s$i.t$y $arer ot sies2 t.an ot sies re:"ire! to reac. a rea3even con!ition =.is a!!itiona$ oset a$$o,s to co%ensate or s%a$$ $osses2 t.at are ca"se! y srea!s2 s$iaes2 s,as an! co%%issions =.e syste% is roita$e as $on t.ere is s"icient $eve$ o FreeMarin to e a$e to oen ne, tra!e ositions =.e overvie, e$o, s.o,s a t.eoretica$ recovery $o, ,it. correson!in ot sies an! ris3 $eve$s

 "ll#stratio$ ': sell positio$ re*o+er, example Coyri.t  #01' ,,,coensioco%

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Ideal recovery case, no rounding errors, spreads, slippages, etc..., PipProfitOffset=0

 ote: "$ .ot/ *ases all trades 0o#ld res#lt i$ a .rea1e+e$ *o$ditio$2 Ideal recovery case, no rounding errors, spreads, slippages, etc..., PipProfitOffset=10

In t.is case eac. o recovery tra!es is taretin t.e oriina$ =a3eProit $eve$ 4 10is2 ,.at res"$ts in s$i.t$y $arer ot sies2 "t a$so in aster recovery ,it. a $arer roit- In %ost cases t.is oset settin is re:"ire! to cover or ro"n!4o errors2 srea!s an! s$iaes or s,aGco%%issions $osses  ote: 3it/ For*eTa1ePro4it parameter set to e2g2: 5 all trades 0o#ld .e *losed m#*/  soo$er limiti$g t/e total ris1 a$d still res#lti$g i$ some small pro4it7 Opening trades:

 Ne, tra!es can e entere! y !ra,in a tren! $ine ,it. HGH M=' too$ an! rena%in it to H$H or a $on tra!e an! HsH or a s.ort tra!e Ne, tra!e ,i$$ e oene! ,.en t.e rice crosses tren! $ine in !esire! !irection =.at/s it-

Ideal recovery Lots sie calculation e!a"ple:

Coyri.t  #01' ,,,coensioco%

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Coyri.t  #01' ,,,coensioco%

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'1 EA ara%eters #Parameter

Description

LicKey

Your personal license key. When set to “DEMO” EA ill ork only on a !emo account.

Ma"icr

Ma"ic um$er use! to place ne or!ers.

%akePro&it

%akePro&it le'el (in pips)* it sets also the +topLoss le'el hich is symmetrically mirrore! to the entry point.

,orce%akePro&it

%ake pro&it le'el !urin" reco'ery perio! (in your account currency)* all tra!es ill $e close! hen e-uity reaches ,orce%akePro&it le'el a$o'e the current $alance le'el.

eco'eryLine

Distance &rom the entry point (in pips) at hich EA initiates reco'ery mechanism. /& set to 0 reco'ery mechanism is !isa$le!1

PipPro&itO&&set

%his parameter nee!s to $e tune! accor!in" to local tra!in" en'ironment2 sprea!* slippa"e etc. /t makes sure e'ery ne tra!e is opene! ith sli"htly loer ('irtual) %akePro&it tar"et than real %akePro&it le'el that is set $y the &irst tra!e. Doin" so the ne lot si3e ill alays $e sli"htly lar"er than the re-uire!. Lot si3e to $reake'en at %akePro&it or +topLoss tar"et.

Lots

Lot si3e &or the initial openin" tra!e

4reakE'enPips

4reak e'en le'el (in pips)* hen tra!e ill reach this pro&it le'el the stop loss ill $e mo'e! to entry point an! tra!e ill run until %akePro&it or +topLoss le'el is hit. +et to 0 to !isa$le.

%railin"+tep

%railin" stop loss setp (in pips) a&ter $reake'en le'el is reache!. +et to 0 to !isa$le.

Ma5%ra!es

Ma5imum alloe! num$er o& tra!es !urin" reco'ery perio!s.

+lippa"e

+lippa"e (in pips)* it shoul! stay hi"h to allo closin" or!ers ithout re6-uotes

De$u"

De$u""in" option &la"* i& set to true* a!!itional tra!e in&ormation is printe!* a&ter tester ill en!. %he EA rites a summary &ile into2 ..7tester7&iles7 !irectory.

If you #ave $uestions:

Mai$7 inoJcoensioco% Visit7 .tt7GG,,,coensioco%Gor"%G

Coyri.t  #01' ,,,coensioco%

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