Grid and Martingale Strategies
Recovery Orders use grid and martingale strategies to help manage risk and recover profits. These strategies involve placing additional trades after the initial trade to capitalize on market movements.

Advantages of Trade Recovery
Sometimes, an early trade entry can miss take profit targets. Recovery Orders help by placing additional trades at strategic points, increasing the chances of recovering the position and eventually making a profit.

How Trade Recovery Works
The Bollinger Reversal Pro EA automatically places additional trades at predefined pip distances from the initial order. This systematic approach helps recover losses and potentially turn the series of trades into profit.

When to Use Recovery Orders
To use Recovery Orders effectively, apply them in markets where the price is expected to retrace after an adverse move. Always balance the use of recovery orders with proper risk management to avoid overexposure.