3.07.2012

Recovery Mode

In the previous post, I wrote about Recovery Mode. But for those of you who don't know what it is, here's the simple explanation.

If you enable Recovery Mode, it will increase your lot size by about 10% after you take a loss. This 10% increment continues until your loss is recovered. But there is a parameter called AutoMM Max. If you set it to 20%, then the max risk is 20% even if Recovery Mode is enabled, and Recovery Mode stops increasing the lot size after 20% risk is reached.

After the max 20% risk is reached, your position risk is always 20% until you get fully recovered.

Recovery Mode is not martingale function as it's increment is only 10% at a time and the max is 20%. So it's very safe, and make the equity curve drastically smoother.

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