Release Notes & Changelog
Version: 2.4
Release Date: October 9, 2024
Notes:
Version 2.4 stable release is now available and ready for download. Clients can download version 2.4 in the client area here - https://forexrecoverybot.com/my-account/download
Changelog:
[New Feature] - Added ability to specify which charts to close at recovery start
[New Feature] - Improved log output of the bot - found in experts tab.
[New Feature] - Added ability for the bot to open a second hedge if recovery trades are adding additional drawdown
[New Feature] - Added on chart graphic if new orders are paused for a news event, according to the news filter settings
[Improvement] - If hedge is larger than maximum lots allowed by broker, bot will break the hedge trade into smaller trades
[Improvement] - Bot has the ability to ensure that the hedge is always in place
[Improvement] - Improved smart closure feature so that the bot will re-align the hedge. Smart closure is enabled by default now.
[Improvement] - At recovery start, bot will instantly hedge losing order - even if orders are paused for a news event
[Improvement] - Adjusted "max lots" setting to improve recovery safety. Max lots can now be used to cap the maximum lot sized used for recovery trades. For example, if 0.10 lots is set as maximum lot, the bot will open recovery trades until max lot is reached. Then each time a new recovery order is added, the size will not be larger than 0.10.
[Bug Fix] - Fixed a bug where the bot would claim "recovery completed" immediately when attached to the chart
[Bug Fix] - Fixed a bug where "lots left to recover" would reset to 0
[Bug Fix] - Fixed a bug where bot did not recognize manual hedges
Version: 2.3
Release Date: June 28, 2024
Notes:
We sincerely apologize for the delay in releasing this update. During the course of development we encountered a number of tricky bugs that took much longer to fix than we anticipated. Luckily, we were able to resolve the bugs before releasing version 2.3.
We have also listened to client feedback, and made strides to improve our support and resources:
Extended our knowledgebase to include more guides and information -
Chat & email support are much more accessible through the widget on our website.
Changelog:
[General] - We completed a major overhaul of the code base for better performance and optimization (more than 4,000 lines of code!)
[New Feature] - Added the ability to enter recovery mode based on account floating loss.
[New Feature] - Added the ability for the bot to use manual hedge orders placed before the bot is started.
[New Feature] - Added "Smart closure" feature which allows the bot to use profitable orders during the recovery process to speed up recovery, when possible.
[New Feature] - Added "fail safe" feature; in the event that bad settings are used the bot will stop itself before damaging the account
[Optimization] - Forex Recovery Bot can now be used at the same time as other EAs and trading without interference.
[Bug Fix] - "lots left to recover" would disappear if the MT4/MT5 was restarted during the recovery process. This is fixed.
[Bug Fix] - Order comments still had the word "hedge" or "grid" visible. This is now fixed, and comments are fully customizable
[Bug Fix] - Fixed an issue with "close profitable orders at recovery start"
[Bug Fix] - Fixed a problem which resulted in the bot opening and closing order rapidly
[Bug Fix] - Fixed a problem which resulted in the bot no longer opening new recovery trades
[Bug Fix} - Fixed an issue which resulted in new hedge trades not opening if the bot previously ran on the account
Release Date: October 9, 2024
Notes:
Version 2.4 stable release is now available and ready for download. Clients can download version 2.4 in the client area here - https://forexrecoverybot.com/my-account/download
Changelog:
[New Feature] - Added ability to specify which charts to close at recovery start
[New Feature] - Improved log output of the bot - found in experts tab.
[New Feature] - Added ability for the bot to open a second hedge if recovery trades are adding additional drawdown
[New Feature] - Added on chart graphic if new orders are paused for a news event, according to the news filter settings
[Improvement] - If hedge is larger than maximum lots allowed by broker, bot will break the hedge trade into smaller trades
[Improvement] - Bot has the ability to ensure that the hedge is always in place
[Improvement] - Improved smart closure feature so that the bot will re-align the hedge. Smart closure is enabled by default now.
[Improvement] - At recovery start, bot will instantly hedge losing order - even if orders are paused for a news event
[Improvement] - Adjusted "max lots" setting to improve recovery safety. Max lots can now be used to cap the maximum lot sized used for recovery trades. For example, if 0.10 lots is set as maximum lot, the bot will open recovery trades until max lot is reached. Then each time a new recovery order is added, the size will not be larger than 0.10.
[Bug Fix] - Fixed a bug where the bot would claim "recovery completed" immediately when attached to the chart
[Bug Fix] - Fixed a bug where "lots left to recover" would reset to 0
[Bug Fix] - Fixed a bug where bot did not recognize manual hedges
Version: 2.3
Release Date: June 28, 2024
Notes:
We sincerely apologize for the delay in releasing this update. During the course of development we encountered a number of tricky bugs that took much longer to fix than we anticipated. Luckily, we were able to resolve the bugs before releasing version 2.3.
We have also listened to client feedback, and made strides to improve our support and resources:
Extended our knowledgebase to include more guides and information -
Chat & email support are much more accessible through the widget on our website.
Changelog:
[General] - We completed a major overhaul of the code base for better performance and optimization (more than 4,000 lines of code!)
[New Feature] - Added the ability to enter recovery mode based on account floating loss.
[New Feature] - Added the ability for the bot to use manual hedge orders placed before the bot is started.
[New Feature] - Added "Smart closure" feature which allows the bot to use profitable orders during the recovery process to speed up recovery, when possible.
[New Feature] - Added "fail safe" feature; in the event that bad settings are used the bot will stop itself before damaging the account
[Optimization] - Forex Recovery Bot can now be used at the same time as other EAs and trading without interference.
[Bug Fix] - "lots left to recover" would disappear if the MT4/MT5 was restarted during the recovery process. This is fixed.
[Bug Fix] - Order comments still had the word "hedge" or "grid" visible. This is now fixed, and comments are fully customizable
[Bug Fix] - Fixed an issue with "close profitable orders at recovery start"
[Bug Fix] - Fixed a problem which resulted in the bot opening and closing order rapidly
[Bug Fix] - Fixed a problem which resulted in the bot no longer opening new recovery trades
[Bug Fix} - Fixed an issue which resulted in new hedge trades not opening if the bot previously ran on the account
Updated on: 09/10/2024
Thank you!