Are you tired of juggling multiple indicators, endless settings, and complex money-management schemes? The FX Giant Recovery EA V1.8 MT4 strips everything back to the essentials, giving you a clear, rule-based system that works across any symbol or timeframe. Built around a classic moving-average crossover strategy, it adds a simple RSI momentum filter and, most notably, an automatic recovery algorithm designed to protect your hard-earned capital. If you’ve been searching for a no-nonsense, easy-to-configure MT4 expert advisor that still packs a punch, you’re in the right place.
Strategy Fundamentals
At its core, the FX Giant Recovery EA employs a time-tested moving average crossover to signal entries. Whenever the fast MA crosses above the slow MA, the EA triggers a buy; when it crosses below, a sell. This classic approach has endured for decades because it filters out noise and hones in on real trend changes.
To refine those signals and avoid whipsaws, the EA uses an RSI filter as its momentum gauge. Only when the RSI confirms strength (or weakness, on shorts) will the EA pull the trigger. This two-step confirmation keeps trades laser-focused on high-probability setups. The result? You get all the clarity of a simple crossover strategy plus the nuance of momentum filtering, reducing false entries and smoothing out the equity curve.
Key Features
- Moving Average Crossover Signals – Time-tested entry logic for trend-based trading
- RSI Momentum Filter – Confirms strength and avoids sideways chop
- Fully Customizable Position Management – Adjust lot sizing, take-profit and stop-loss to suit your risk appetite
- Automatic Recovery Algorithm – Recovers drawdowns without grid or martingale
- Low-Risk Trade Controls – Define max risk per trade for disciplined money management
- Auto-Entry Strategies – Multiple built-in entry methods for different market conditions
- Micro-Account Friendly – Start live trading on accounts as small as $1,000
- Cross-Platform Compatibility – Works on any MT4-compatible broker
How It Works
Step 1: Signal Generation
Once loaded onto a chart, the EA constantly monitors two user-defined moving averages. You choose the period lengths—shorter for scalping, longer for swing trading—and let the EA do the rest.
Step 2: Momentum Confirmation
When a crossover occurs, the EA checks the RSI (configurable period) to ensure momentum aligns with the direction. If the RSI reading is above your buy-threshold (e.g., 50) on a bullish crossover—or below your sell-threshold on a bearish crossover—the EA considers the signal valid.
Step 3: Position Management
Upon confirmation, the EA opens a position with your predefined lot size. You can set a fixed lot or allow the EA to calculate dynamic sizing based on a percentage of your account. Stop-loss and take-profit levels are fully adjustable. A built-in trailing stop can lock in profits as the market moves in your favor.
Step 4: Automatic Recovery
Here’s where the “Recovery” in FX Giant Recovery EA truly shines. If a trade hits stop-loss, the EA doesn’t just give up. It employs a non-toxic recovery algorithm that adds strategic entries aimed at recouping losses without resorting to dangerous grid or martingale tactics. You define the recovery parameters—such as max recovery steps, allowed risk per step, and profit target—and the EA executes the plan.
Risk Management & Recovery Algorithm
One of the biggest pitfalls in automated trading is over-optimization—tweaking parameters until a backtest looks amazing but falls apart in live markets. The simplicity of moving-average crossovers and RSI filtering helps guard against overfitting.
Beyond that, you maintain full control over risk: set a maximum percentage of your equity to risk per trade, cap the number of simultaneous positions, and define the total drawdown limit. If a position moves against you, the recovery algorithm kicks in. Unlike grid or martingale systems that multiply risk, this EA uses adaptive entries sized to your tolerance. It calculates the distance to the recovery target and opens a calibrated position, aiming to bring the overall position P/L back into the black.
Backtesting & Real-Time Performance
In extensive backtests on major pairs like EURUSD, GBPUSD, and XAUUSD, the FX Giant Recovery EA posted average monthly returns of 3–5% with a maximum drawdown under 8%. Longer-term tests since 2015 highlight equity-curve smoothness and robustness across different volatility regimes.
Live-demo performance has closely mirrored backtests, thanks to the EA’s avoidance of curve-fitting tricks. By limiting the number of variables and focusing on clear, rule-based entries, the EA maintains consistency even when markets shift.
How to Install & Configure
- Download the EA – Obtain the
FXGiantRecoveryEA.ex4file and save it to yourMQL4/Expertsfolder. - Restart MT4 – Close and reopen your platform to load the new Expert Advisor.
- Attach to Chart – Drag and drop the EA onto your preferred symbol/timeframe chart (recommended: H1 or H4 for balanced returns).
- Adjust Inputs – In the EA’s “Inputs” tab, configure your MA periods, RSI settings, lot-sizing method, SL/TP distances, and recovery parameters.
- Enable Auto-Trading – Click the “AutoTrading” button on the toolbar so the EA can execute trades.
- Monitor & Optimize – Let it run on a demo first. Use MT4’s Strategy Tester to fine-tune for your broker’s spread and execution.
Conclusion & Call to Action
If you’re ready to simplify your trading, control risk, and recover drawdowns without dangerous methods, give the FX Giant Recovery EA V1.8 MT4 a spin on demo. Its clear strategy, powerful recovery algorithm, and customizable controls make it an ideal choice for both novice and experienced traders.
Don’t wait—download your copy today and start trading smarter.