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The Runner Expert Advisor

This expert is best when running on GBPUSD M30 and is designed to give consistent mid/long term revenues. It doesn't use any dangerous strategies as martingale or grid trading.

All orders are protected by a stoploss and the money management feature allows to protect the account balance. This expert also includes a 

time management system to target best times to trade. This EA is not a scalper and will be less affected by slippages and spreads from brokers. It will trade less

than a scalper but will bring more profits per trade on the long run. The positions are held generally for less than 12 hours with a mean holding time of 5.5 hours.

In a 10 years backtesting the account balance grows around 130x from the initial balance at 5% Risk. Other pairs and perhaps timeframes will be tested and added soon.


Beginning at version 2.00, dynamic SL and trailing parameters can be calculated using the ATR. Push notifications and adaptative trailing using ATR are also implemented at this revision.


The default configuration (for GBPUSD-M30) is using 2.5% Risk and is giving around 14x return over the 10 last years backtesting with 6% maximal DD. 


Supported pair: GBPUSD at M30.

Other pairs are under tests and will be added very soon.

MT5 version here: 

https://www.mql5.com/en/market/product/67836?source=Site+Market+MT5+Expert+New+Rating004


Documentation and set files here:

https://www.mql5.com/en/users/poido2020/blog


PARAMETERS:

magic:                                        Default magic number for this EA

Maximum Spread Allowed:           Maximum spread for which a position will be allowed to be opened (this status is displayed on the info panel).


MONEY MANAGEMENT PARAMETERS

Money Management using Risk%: If true, the value of "LotSize or Risk%" will use the percentage of risk from  the total free equity to open a position and calculated using the SL value.

                                                 If false the value of "LotSize or Risk%" will be used as the value of the fixed LotSize for each transaction.

LotSize or Risk%:                        Fixed LotSize or Risk% to be used. LotSize value if the previous parameter MMUR=false and Risk% value if MMUR parameter=true.

use Stoploss:                             True if we want to use a stoploss, false otherwise (see next parameter).

stoploss level:                           stoploss level in pips to use for each transaction.

Initial profit level:                     Take Profit level to be used. This is not the only way a position can be closed. If using close on opposite signals (see below), a position can be closed if a signal going in 

                                                 the opposite trend of the trade is detected.

TRAILING MANAGEMENT PARAMETERS

Use standard traling:                 Use (true) or not (false) a trailing stop strategy (see the following 2 parameters).

trailing stop trigger:                  Level in pips from the entry price for which the trailing stop strategy will be triggered and begin to work.

trailing step:                             Steps in pips for the trailing stop strategy. By example, if the trailing stop trigger is set at 40.0 pips and the trailing step is set at 20.0 pips, if we entered

                                                in a long position at 1.00000, the trailing will start when the bid will be at 1.00400 and then the SL will be set at 1.00200 (step). From there, if the bid

                                                reach 1.00600, then the SL will be set at 1.00400 and so on. We will follow the same principles for the short positions.

Use BreakEven mode:               Set to true to use the Breakeven mode or false to don't use this mode (see next parameter).

Breakeven protection level:      Value in pips for the Breakeven protection. When used, this strategy will be triggered when will we reached the corresponding pips from the entry price.

                                               A SL will be set at half of the value of the breakeven value. By example if we use this protection with a value of 18.0 pips, if a long position is opened 

                                               at 1.00000, then if the bid reach 1.00180, then a SL will be set at 1.00090. This will protect positions before they reach the stoploss value. the same principles

                                               are applied for short positions.

Close on opposite signal:         An opened position will be closed if a signal for the opposite trend is detected.


TIME MANAGEMENT PARAMETERS (GMT)

See manual for settings descriptions about this section


SIGNALS MANAGEMENT PARAMETERS

See manual for settings descriptions about this section






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Overview AITrendBooster   is our latest intelligent trading system, designed to utilize trend-following strategies with scaling positions to significantly enhance profitability while effectively reducing drawdowns during unfavorable market conditions. This system incorporates cutting-edge deep learning technology to significantly improve trend recognition accuracy. The core design goal of the system is to maintain break-even performance during range-bound markets while achieving higher profits
Boring Pips MT4
Thi Thu Ha Hoang
4.71 (14)
New Year, New Opportunities: Get 8 activations for just $399 USD. Hurry – limited quantity available! 2025 is here, and it’s time to take your trading to the next level. Start the year strong with Boring Pips EA – your reliable trading solution: - Proven, tracked signals - Easy to install - 100% automated Don’t miss this opportunity to trade with confidence and precision. Secure your Boring Pips EA now. Have you ever wondered why most expert advisors are not effective in live trading, despite t
CoreX G MT4
Arseny Potyekhin
5 (7)
Overview The CoreX G EA is an advanced trading system specifically designed to tackle the complexities of the Forex market. By leveraging cutting-edge neural networks, sophisticated machine learning technologies, and an integrated big data strategy, CoreX G delivers exceptional accuracy and security in trading. This Expert Advisor (EA) stands out due to its technological excellence and premium customer support, ensuring users are always assisted with any questions or concerns. Signals:   Live
AW Recovery EA
AW Trading Software Limited
4.37 (78)
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
Vortex Gold MT4
Stanislav Tomilov
Vortex - your investment in the future The Vortex Gold EA expert Advisor made specifically for trading gold (XAU/USD) on the Metatrader platform. Built using proprietary indicators and secret author's algorithms, this EA employs a comprehensive trading strategy designed to capture profitable movements in the gold market. Key components of its strategy include classic indicators as CCI and Parabolic Indicator, which work together to accurately signal ideal entry and exit points. At the heart of V
Reverse Grid MT4
Connor Michael Woodson
1.57 (14)
Reverse Grid enters positions in the opposite direction of a normal grid, exponentially increasing position size in the direction of the trend before reaching a large take profit. IMPORTANT! Contact me after purchase for instructions and a bonus! Reverse Grid live signal coming soon! Current price will be increased. Limited time price 75 USD Smart take profit system, the EA predicts when to exit before price reverses Relatively low potential drawdown compared to a regular grid Recommended Char
Bitcoin Scalp Pro
Profalgo Limited
5 (3)
NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdown
One Gold MT4
Stanislav Tomilov
4.64 (11)
Introducing One Gold EA, a sophisticated trading robot for gold on the Meta Trader platform, developed to assist traders with advanced market analysis. Our proprietary technology leverages neural networks and data-driven algorithms to analyze both historical and real-time gold market data, providing insights that can aid in decision-making. Unlike traditional manual strategies, One Gold EA operates with minimal intervention, streamlining the trading process and aiming to reduce associated risks.
Ai Major EA MT4
Indra Maulana
5 (1)
39% off, only for the next 10 buyers(6 left) (Original price: $680) 50% bonus by purchasing this Robot, Contact us "after purchase" to receive the bonus A fully automatic expert Designed and produced 100% by artificial intelligence, with the world's most advanced technology All trades have profit and loss limits, with the best and least risky market strategy, without using dangerous strategies such as Martingale and hedges, etc. A specialist who has been trained by artificial intelligence for
More from author
This expert is best when running on GBPUSD M30 and is designed to give consistent mid/long term revenues. It doesn't use any dangerous strategies as martingale or grid trading. All orders are protected by a stoploss and the money management feature allows to protect the account balance. This expert also includes a sophisticated time management system to target best times to trade. This EA is not a scalper and will be less affected by slippages and spreads from brokers. It will trade less than a
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Version 2.0 2021.07.26
- ATR and dynamic ATR SL, trailing and breakeven implementation
- Send Mail and Send Notification implementation
Version 1.60 2021.06.29
- Positions Recovery after MT4 crash or restart
Version 1.51 2021.06.22
- Minor bugs fixes
Version 1.50 2021.06.15
- Add exit strategies to lower the balance max DD%.
- Minor bugs fixes