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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FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
Heiken Ashi EA MT4
Juvenille Emperor Limited
5 (16)
Heiken Ashi EA MT4  is a fully automated trading system that takes Classic or Smoothed Heiken Ashi candles to the next level. It enters trades based on Heiken Ashi color changes, offering a highly customizable approach to fit different trading styles. The EA provides great flexibility, allowing you to select which Heiken Ashi candle (from the 2nd to the 10th) should trigger the first trade. Additionally, it includes a distance limitation feature to prevent excessive entries at similar price leve
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT5 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT4 and you could get Quantum Queen X or Quantum Athena X or Quantum Commander or Quantum Emperor or Quantum Baron or Quantum OmniGold or Quantum StarMan for free !*** Ask in
Frontier MT4
Shane Lee
5 (1)
Real Trading Account LIVE SIGNAL 100K REAL:   https://www.mql5.com/en/signals/2388151 Real Trading Account  LIVE SIGNAL VT MARKETS:  https://www.mql5.com/en/signals/2388143 Check Out All Our Products :   Click Here Frontier is an automated Swing Pivot Breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA identifies confirmed swing highs and swing lows from recent price structure and uses these levels to prepare pending Buy Stop and Sell Stop orders. When price br
Chaos Algo Trading EA
Stefano Frisetti
3.67 (3)
DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Professional Automated Trading System XGen Scalper is a state-of-the-art Expert Advisor that combines advanced algorithmic structure with proven technical analysis to deliver consistent results across all markets. This powerful trading system operates seamlessly on forex pairs, precious metals such as gold and silver, cryptocurrencies, and commodity indices. Advanced Algorithmic Technology The proprietary wave scanning algorithm processes market data in real time, identify
Ict Gold Scalper
Alex Amuyunzu Raymond
5 (1)
ICTVALID EA – Smart Money Concepts Automated Trading The ICTVALID EA is a professional trading system built on Smart Money Concepts (ICT methodology) . It automatically detects and trades institutional setups, allowing you to follow market structure with precision and consistency.  Key Features Dual Trading Modes – Choose between Scalping (short-term precision entries) or Swing Trading (longer-term trends). Smart Money Logic – Incorporates Change of Character (CHoCH), Break of Structure (BoS),
EA G2 Trend following
Ida Bagus Putu Mahardika
EA G2 Trend Following by Ida Bagus Putu Mahardika PRODUCT OVERVIEW EA G2 Trend Following is a fully automated Expert Advisor that intelligently fuses the Arnaud Legoux Moving Average (ALMA) with Market Structure (SMC) logic—identifying Support/Resistance and Break of Structure (BOS) with surgical precision. Integrated with a real-time ForexFactory News Filter, it is engineered to protect capital during high-impact news while maximizing trending opportunities. PROVEN BACKTEST RESULTS (XAUUSD M1
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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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