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• Market Order – the EA will open hedge trades using market order. Please note that the EA
should be always running while the market is open to avoid interruptions if you are using market
order for recovery trades.
• Pending Order – pending stop orders will be opened as soon as the recovery trade is opened.

Grid Size Calculation – you can set the calculation type when opening recovery trades.
• Dynamic (Market Order Only) – the dynamic option for recovery trades allows the EA to only
open recovery trades when it detects a reversal. E.g., If you have a loosing buy position and the
price is going down, the EA will only open another buy position if it detects that the trend is
about to reverse and start going up again.
• Manual – this option is a classic grid order strategy where you can set your own grid sizes. E.g.,
If you want to open recovery trades every 15 pips, then you would want to choose this option.

Grid Size Points – the distance between Grid orders in points. For manual grid calculation, you can set
your desired grid size points. E.g., If you want 20 pips distance for each grid order, then set the value of
this setting to 200 points.
For dynamic grid calculation, you can set the minimum grid size points before opening another recovery
trade. E.g., If you set this setting to 100 points and you have a loosing buy position and the EA detects a
reversal in price to the upside, then the EA will check this setting this setting to make sure that this new
recovery trade about to opened is greater than 100 points in distance from the last buy trade opened.

Maximum No. of Grids to Open – the maximum total number of recovery trades to be opened. E.g., If
you set this setting to 10, then the EA will only open a maximum of 10 recovery trades for each pair. This
setting can be used to reduce your risk by limiting the total number of recovery trades to open.

Martingale Type Trade Recovery – you can enable Martingale which will allow the EA to open recovery
orders with higher lot size for faster recovery of loosing position. This is risky as it will be opening
recovery trades on higher lot sizes for each order so do your due diligence before enabling this feature.

• None – martingale will be disabled.
• Lot Multiplier – the traditional martingale method in which the EA will multiply its lot size on
each recovery orders. A commonly used lot multiplier is 1.5 where it will multiply the lot size by
1.5x for each recovery trades.
• Fixed Lot Increases – you can specify your own lot increase for martingale instead of using a
multiplier. Example: If you set the lot increase to be 0.02, then every recovery orders will
increase the lot size by 0.02.

Martingale Lot Size Multiplier – you can set the lot multiplier for the Martingale feature. The Martingale
type must be set to “Lot Multiplier” for this input to work. For example, if the multiplier is 2, then the EA
will double your lot size for every Grid order. Recommended is only 1.5.

Martingale Fixed Lot Increases – you can set the fixed lot increase for “Fixed Lot Increases” martingale
type. E.g., If you set this at 0.01 lots, then the EA will increase the lot size by 0.01 for each recovery trade
opened.

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