2. Before You Start

• Enable Algo Trading / AutoTrading in your trading platform.
• For MT5, use a hedging account. MT5 netting accounts are not supported.
• Use the Strategy Tester first, especially before changing recovery settings.
• Attach the EA to one chart only unless instructed otherwise.
• Full versions require a valid license.
• Full versions require WebRequest access to https://frzserver.com.

WebRequest Setup for Full Versions

1. Open Tools > Options > Expert Advisors.
2. Enable Allow WebRequest for listed URL.
3. Add this URL: https://frzserver.com.
4. Click OK and restart the EA if needed.

3. Installation

MT4 Installation

1. Download the MT4 version of the EA.
2. Copy the .ex4 file into your MT4 MQL4/Experts folder.
3. Restart MT4 or right-click the Navigator panel and select Refresh.
4. Attach the EA to a chart.
5. Enable AutoTrading.

MT5 Installation

1. Download the MT5 version of the EA.
2. Copy the .ex5 file into your MT5 MQL5/Experts folder.
3. Restart MT5 or right-click the Navigator panel and select Refresh.
4. Attach the EA to a chart on an MT5 hedging account.
5. Enable Algo Trading.

4. Demo Version

DEMO versions are backtest-only. They are intended for testing the EA in the MT4 or MT5 Strategy Tester.
If a demo version is attached to a live chart, it will show a notice and will not operate as a live EA.

Demo versions keep the visible input structure close to the full versions so users can understand the settings before upgrading.
News and server-based analytics checks are disabled in demo builds.

5. Backtesting Steps

Most users look for a recovery EA when they are already in drawdown. For that reason, the most useful way to test
FRZ Account Recovery EA is to recreate your current drawdown situation inside the Strategy Tester as closely as possible.

The goal of backtesting is not only to see whether the EA can place trades. The goal is to check whether your current
account situation has a realistic chance of being recovered under recent market conditions.

Recreate Your Current Drawdown Situation

Before running the test, note your current account situation:

• Account balance
• Approximate drawdown percentage
• Symbol or symbols involved
• Buy and sell lot sizes currently open
• Broker leverage and account currency
• The recovery target you want to test

Example: if you have a $1,000 account with around 20% drawdown, and your current exposure is 1.00 lot buy and
3.00 lots sell, recreate a similar condition in the Strategy Tester using the Recovery Simulator settings.

Use Recent Market Data

For this type of test, recent data is more useful than old market data. A practical approach is to test using the
last 1-2 weeks of market movement, so the test is closer to the current market environment.

Suggested Backtesting Process

1. Open the MT4 or MT5 Strategy Tester.
2. Select the demo version of FRZ Account Recovery EA.
3. Select the same or closest symbol related to your current drawdown.
4. Select a recent testing period, such as the last 1-2 weeks.
5. Set the deposit, leverage, and account currency close to your real account.
6. For MT5, use the most accurate tick model available from your broker.
7. Open the EA inputs and use the Recovery Simulator settings to recreate your current exposure as closely as possible.
8. Run the test and watch the HUD panel, trade list, drawdown behavior, and margin status.
9. If the test shows recovery under realistic conditions, you can then consider moving to the full version.

6. How Recovery Works

At a high level, the EA monitors the selected drawdown scope. When the drawdown threshold is reached, the EA enters recovery mode
and manages the recovery process using its internal recovery engine and the user-defined settings.

The recovery process is designed to stabilize exposure first, then work toward the selected recovery target. During recovery, the EA
may pause new entries during restricted conditions such as news-filter windows, server analytics blocks, or margin limitations.

To avoid overly fast trade stacking, recovery entries are limited so that only one recovery trade can be opened per candle.

This manual explains how to operate the EA and what each setting influences. The exact internal recovery logic is handled by the EA.

 

7. HUD / Panel Explanation

HUD / chart panel screenshot

HUD Item	Meaning
Mode	Shows the selected recovery style: Conservative, Normal, or Aggressive.
Status	Shows the current EA state, such as monitoring, recovering, or recovery complete.
News Filter	Shows whether the news filter is off, clear, or currently blocking new recovery entries.
Acct Balance	Current account balance.
Acct Equity	Current account equity, including floating profit or loss.
Floating P&L	Current open profit or loss.
Tracked Symbols	Number of symbols currently included in the EA’s recovery tracking.
Trigger DD	The drawdown threshold selected in the settings.
Live DD	Current live drawdown based on the selected drawdown scope.
Peak DD	Highest drawdown recorded during the current recovery cycle.
Margin Status	Current margin condition. This may show free margin or margin level depending on account state.
Broker Limit	The broker margin stop-out or margin-call reference shown by the EA.
Recovery Time	How long the current recovery cycle has been running.
Initial Lock	The approximate locked loss amount when recovery was triggered.
Initial Hedge	The starting hedge size shown in lots.
Current Hedge	The current remaining hedge exposure shown in lots.
Recovered	Amount recovered so far during the recovery cycle.
Remaining	Approximate amount still required to reach the selected recovery target.
Planned Steps	Estimated or configured recovery steps for the cycle.
Steps Done	Number of completed recovery steps.
Step Target	The current target amount for the next recovery step.
Last Step	Amount recovered by the most recent completed step.
Open Fees	Estimated fees, swaps, or costs on currently open recovery exposure.
Closed Fees	Fees or costs already realized from closed recovery activity.

8. Input Settings

EA input settings screenshot

No.	Setting	Explanation
1	Drawdown Scope	Controls what the EA monitors for the recovery trigger. Account Drawdown monitors the overall account. Symbol Drawdown monitors the chart symbol. Magic Number Drawdown monitors trades matching the selected magic number.
2	Drawdown Magic Number (For Magic Scope)	Used only when Drawdown Scope is set to Magic Number Drawdown. Enter the magic number of the trades you want the EA to monitor.
3	Drawdown Threshold (%)	The drawdown level that must be reached before recovery begins. Lower values start recovery earlier. Higher values wait for deeper drawdown.
4	Recovery Target	Controls the target the EA works toward during recovery. Original Balance aims toward the starting balance reference. Current Balance uses the current balance reference. Manual Balance uses the Manual Recovery Target value.
5	Manual Recovery Target	Used only when Recovery Target is set to Manual Balance. Enter the balance level you want the recovery cycle to target.
6	Recovery Timeframe	Timeframe used by the recovery engine for recovery management. M15 is a practical starting point for most testing.
7	Margin Failure Action	Controls what happens if there is not enough margin for a required recovery action. Halt And Hold pauses further recovery entries. Emergency Close All closes managed exposure if the margin rule is triggered.
8	Auto Close Other EAs (Quarantine)	When enabled, the EA attempts to isolate the recovery process by closing other EA charts after recovery starts. This helps prevent other systems from adding new exposure during recovery.
9	Recovery Style	Selects the overall behavior profile. Conservative is slower and more cautious. Normal is the recommended default. Aggressive is more active and should be tested carefully.
10	Smart DCA Recovery Steps (0 = Auto)	Controls the number of recovery steps. A value of 0 lets the EA scale this automatically. Manual values should be tested before live use.
11	Smart DCA Recovery Lot Size (0 = Auto)	Controls the starting recovery lot size. A value of 0 lets the EA calculate it automatically based on the recovery context.
12	Smart DCA Auto Lot ATR Target	Influences automatic lot sizing in relation to current market volatility. Higher values generally make auto sizing more conservative; lower values may make recovery more active.
13	Smart DCA Grid ATR Multiplier	Influences how sensitive the EA is to price movement before considering additional recovery trades. Lower values may produce more active recovery. Higher values may reduce trade frequency.
14	Smart DCA Max Trades Per Round	Limits the maximum number of Smart DCA recovery trades in one recovery round.
15	Smart DCA Mode	Controls whether the EA may manage recovery activity on one side or both sides. Both Sides DCA is the default setting.
16	Enable News Filter	Enables or disables the news filter in full versions. Demo versions show this setting but do not use live news filtering.
17	News Pause Before Minutes	Number of minutes before selected high-impact news where new recovery entries are paused.
18	News Pause After Minutes	Number of minutes after selected high-impact news where new recovery entries are paused.
19	Custom Symbol Mapping	Optional advanced field for brokers with unusual symbol names. Usually not required, especially in backtesting.
20	Broker Symbol Prefix	Optional manual override if your broker adds a prefix before symbol names.
21	Broker Symbol Suffix	Optional manual override if your broker adds a suffix after symbol names.
22	Enable Simulator	Backtesting tool that allows the EA to create a test recovery scenario. This should be used for Strategy Tester experiments.
23	Simulator Buy Lot Size	Buy lot size used by the simulator in backtests. Default is 1.0.
24	Simulator Sell Lot Size	Sell lot size used by the simulator in backtests. Leave at 0.0 if you only want the simulator to create the default buy-side test exposure.
25	Simulator Trade Time	Time when the simulator attempts to create the test exposure during backtesting.
26	Trade Direction (For Higher Lot Trade)	Controls which side receives the higher simulator lot when both buy and sell simulator lots are used. Auto lets the simulator decide.
27	Magic Number	The EA’s magic number for identifying its own recovery trades.

9. Recommended Starting Setup

Setting	Recommended Starting Point
Recovery Style	Normal
Drawdown Scope	Account Drawdown for broad account recovery, or Symbol Drawdown for symbol-specific testing.
Drawdown Threshold	Start with the default, then adjust only after testing.
Recovery Timeframe	M15
Enable News Filter	Enabled for full versions.
Auto Close Other EAs	Enabled if you want the recovery process isolated from other running EAs.
Simulator	Enabled for backtesting only.

10. Troubleshooting

Issue	What To Check
Demo EA does not run on a live chart	Demo versions are backtest-only. Use the Strategy Tester.
MT5 says the account type is not supported	Use an MT5 hedging account. Netting accounts are not supported.
Server or analytics notice appears	Check WebRequest setup and make sure https://frzserver.com is allowed.
No recovery trade opens immediately	Check drawdown threshold, drawdown scope, news filter status, margin status, and whether the current candle already had a recovery entry.
News Filter shows a pause	The EA may pause new recovery entries around high-impact news according to the configured minutes before and after news.
Margin Status shows low margin	The EA may pause recovery entries if margin is not sufficient for the next recovery action.

11. Support Links

• User Manual: https://www.frzsoftware.com/frz-account-recovery-ea-user-manual/
• Discord Forum: https://www.frzsoftware.com/discord
• VIP Club: https://www.frzsoftware.com/vipclub/
• Live Chart Pattern Signals: https://t.me/frzlive
• FRZ Social Links: https://www.frzsoftware.com/socials
• Recommended VPS: https://www.kqzyfj.com/click-100447150-12454592

12. Disclaimer

This software is provided as is without any warranties. We are not responsible for any losses you may incur. Use it at your own risk.