AVERAGING EA FOR METATRADER

Profit even when too early: a smart recovery ea for position traders

Mistimed entries are part of trading—but losses don’t have to be. This Expert Advisor helps position traders recover from early or premature entries using a customizable averaging strategy. When the market moves against your initial position, the EA automatically places controlled follow-up trades at set intervals, managing the group as a basket to exit at profit or breakeven. With built-in safeguards, session filters, and full NFA/FIFO compliance, it offers peace of mind and precision for disciplined traders.

  • Converts early entries into break-even or profitable outcomes using averaging
  • Fully NFA/FIFO compliant and accepted by U.S. brokers
  • Customizable blocks, trade spacing, lot sizing, and multipliers
  • Compatible with custom indicators and multiple entry strategies
  • Designed for position trading on micro accounts starting from $1,000
  • Supports manual entries via chart buttons or automated logic
  • Avoids margin risk with pre-trade account check and capped exposure
  • Trades are grouped and managed as a single recovery deal
  • Works across multiple symbols independently with no interference
  • Ideal for overbought/oversold setups or long-term reversals

Screenshots

Description

PZ Averaging EA is a powerful expert advisor designed for the MetaTrader platform. Its main function is to recover losing trades using an averaging strategy — a method that increases market exposure in a structured way by placing additional trades at regular price intervals. This allows traders to find a profitable exit during a price retracement, turning a bad trade into a winning one.

This EA is ideal for traders who enter too early and need a smart way to manage unfavorable market moves. It is especially useful in overbought or oversold conditions, where eventual price corrections are likely.

Main Features

  • Very easy to use and monitor
  • Trade manually using chart buttons
  • Fully customizable position and risk management
  • Pre-calculated and controlled risk exposure
  • Offers various automated entry strategies
  • Can integrate with custom indicators
  • Supports micro accounts starting from $1,000
  • Session filters allow trading only during specific forex sessions

How It Works

PZ Averaging EA opens a first trade, and manages it independently to try avoiding a full recovery. First, it attempts to break even to preserve capital. Then it applies a trailing stop and take profit. If the trade goes straight into negative territory, it starts a recovery using averaging. During recovery, new trades are placed in blocks, with customizable spacing and lot sizes. All trades are managed together as one deal, not individually.

All trades are placed using market orders, making the EA compatible with NFA/FIFO rules and accepted by U.S. brokers. Take-profit for the first trade is calculated in stealth mode and not sent to the broker. Trades do not have individual stop-loss or take-profit orders.

How to Get Started

  1. Load the EA on any chart and timeframe
  2. Adjust the settings until your risk is acceptable
  3. Place trades manually using chart buttons or activate an entry strategy
  4. Let the EA manage the trade and book a profit
  5. Repeat as needed

How the First Trade Is Managed

  • The EA first attempts to break even to preserve capital
  • Then it applies a configurable trailing stop and take-profit
  • If the trade moves quickly into loss, a recovery process begins

Usage Tips

  • Use the chart buttons to open trades
  • Never run another EA on the same symbol
  • Only take one initial trade per symbol at a time
  • If chart buttons disappear, the EA is busy managing a trade
  • You can trade many symbols at the same time — just never load the EA twice on the same one
  • No need to assign different Magic Numbers for different symbols
  • Run the EA from a VPS or keep your PC on 24/5
  • Don’t unload the EA while a recovery is in progress
  • Works well for overbought/oversold situations
  • Avoid trading against strong trends

Technical Information

  • Automated entries are evaluated at bar close only
  • Trades are executed with market orders, so variable spreads and news are not a problem
  • EA will not open trades if there’s a margin call risk
  • EA will trade in the strategy tester regardless of risk settings
  • First trade’s TP is in stealth mode — not visible to the broker
  • EA trades with a fixed lot size; no compounding in the strategy tester
  • Session filters work in GMT and apply only to automated entries
  • All trades are managed as a basket, not individually
  • During recovery, many trades can be open in the same direction
  • If market gaps and a trade is missed, the next one will be executed at market

Trading Guidelines

  • Minimum deposit: $3,000
  • Suitable instruments: Forex, Commodities, Gold (recommended for long), Indices (recommended for gold)
  • Suitable timeframes: All

Input Parameters

  • Lotsize - Lot size of the initial trade.
  • Break-even - Profit in pips at which the EA moves SL to the open price or secures part of the profit.
  • Break-even Behavior - Choose what to do when break-even is reached — secure partial profit or just cover costs.
  • Trailing Stop - A trailing stop expressed as a percentage of the trade’s profit.
  • Trailing Step - Minimum movement in pips to update the trailing stop.
  • Take Profit - Stealth take-profit for the first trade, not sent to the broker.
  • Entry Strategy - Choose an automated entry method, mostly for testing or hands-free trading.
  • Blocks of trades - Number of blocks in the recovery process.
  • Trades per block - Number of trades in each block.
  • Spacing in pips - Distance between trades within the same block.
  • Profit Target - Total profit (in pips) for the full recovery basket.
  • Lotsize Multiplier - How much to increase lot size from one block to the next.
  • Spacing Multiplier - How much to increase spacing from one block to the next.
  • Trade Asian Session - Allow automated entries during the Asian session (GMT time).
  • Trade European Session - Allow automated entries during the European session (GMT time).
  • Trade American Session - Allow automated entries during the American session (GMT time).
  • Magic Number - The EA’s identifier for its trades — no need to change it per symbol.
  • Custom Comment - Optional comment added to each trade for tracking purposes.

Related Indicators & Bots

Frequently Asked Questions

Yes, the EA is fully compliant with NFA and FIFO rules, making it suitable for use with U.S.-regulated brokers and netting-restricted accounts. It does not open opposite-direction trades, and all positions are managed sequentially in accordance with FIFO requirements.

Yes, running the EA on a VPS or a continuously connected trading computer is essential. The recovery logic relies on uninterrupted execution throughout the week to manage the basket of trades effectively and safely.

No, you cannot. Opening trades in both directions would violate FIFO compliance and interfere with the EA’s recovery logic, which is designed to manage only one directional position per symbol.

Yes, pending orders are supported. Once a pending order is triggered and becomes a market order, the EA will begin managing the trade according to the defined recovery strategy.

Yes, this is allowed. Once one pending order is triggered, the EA will automatically cancel any remaining opposing orders to maintain directional consistency and compliance.

It is not recommended. The EA manages all trades as a single recovery process, and manual intervention may disrupt its internal logic. If necessary, you may close the entire basket manually, but avoid modifying individual trades.

No, this EA only manages trades that it has initiated or those you start manually on the chart where it’s loaded. It will not interfere with trades managed by other EAs on different symbols or charts.

Not entirely. While the EA includes several automated entry strategies for testing or passive use, it is primarily intended for semi-automated trading. You can initiate trades manually using chart buttons or enable automated entries as needed.

No. You should not manually assign SL or TP to your trades. The EA manages all positions as a collective basket and handles exits using stealth logic and predefined recovery targets.

The EA uses averaging by placing additional trades in the same direction at fixed intervals when the price moves against your initial position. These trades are grouped and closed collectively when the basket reaches breakeven or a small net profit.

Yes, while the EA recovers most trades under normal conditions, it may incur a loss if the market moves strongly and continuously against the trade direction. Recovery success depends on volatility, trend behavior, and account margin.

A micro account with at least $1,000 is recommended. Ensure that your risk settings, spacing, and lot sizing are appropriate to your account balance to avoid margin pressure during recovery.

This EA is ideal for trading reversals, overbought/oversold conditions, or when you expect a retracement after a large move. It is not recommended to trade aggressively against strong trends or in illiquid conditions.

Yes, you can trade multiple symbols simultaneously, but never load the EA more than once on the same symbol. Each instance must operate independently on its own chart.

The EA organizes recovery trades into blocks, allowing you to define how many trades to place, the spacing between them, and how lot sizes should increase from one block to the next. This gives you full control over how aggressively or conservatively the recovery process unfolds.

The EA works well on both fixed and variable spread accounts. However, stable spreads and solid execution are beneficial. Since it uses market orders, it's more resilient to news and spread variation than pending-order EAs.