Market / MetaTrader 4 / Experts /

Shuttle Runner

FREE

Published: 19 December 2022

Current version: 1.5

Shuttle Runner

4.45

Experts
Sergey Ermolov
Version: 1.5
Updated: 29 January 2023

The swing strategy is the basis of the Shuttle Runner Expert Advisor. The strategy was described as far back as 2009 and is actively used by traders in the Forex market. Shuttle runner is a revised and improved version of this strategy.

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The basic gist of the strategy is this:

This advisor should be traded only during active market phases. And we know that the market is active during the European and American trading sessions (you can also take the Asian, but the prerequisite is the presence of important economic news). So before launching the Expert Advisor, we necessarily look at the economic calendar and check the availability of important news in the country, whose currency we are going to trade. If there is news, we can start the Expert Advisor 1-2 hours before the news.
You can use pending orders to start, although if there is news that will move the market 100%, you can also enter at the market price (adjustable by the Start Trade parameter).
After the first order is opened, we immediately place an opposite order at a distance of 20-30 points from the initial order, with a lot 2.3-3 times larger than the lot of the first order. This is necessary to cover the loss of the first order, if the price turns in the opposite direction.
Further, if the price turns and hooks the pending order, we place one more order in the opposite direction. We also increase the lot of this order by 2.3-3 times. If the price moves in a small channel of 30-40 points, we will do the same.
Stops and Profits of orders are placed 15-30 points from the edges of the channel, so that all orders of one channel are closed simultaneously. If TakeProfit is triggered, the remaining orders of this channel are deleted.
The Shuttle Runner Expert Advisor can run several channels at the same time to make more profits with this strategy. It is important that they do not overlap in price.

As a result, we get a pattern where no matter which way the price goes, we will still take profit. The main thing is that the market does not stay in this channel for a long time and does not touch the border of this channel too many times. Since we will trade only in the active market stages, we can be sure that the market will move in any direction.

A description of the parameters of the Shuttle Runner EA:

Start Trade - determines how we will start at the beginning of the active session
Trade Order Type - defines what kind of orders will be used to enter the next channel
Enable trading time - enables time-based trading
GMT broker - shift of broker time relatively to GMT
Trading start time - trade start time (timezone GMT)
Trading end time - end time of trade (timezone GMT)
Start TakeProfit - TakeProfit of the first order
Second TakeProfit - TakeProfit when more than 1 order is opened
Sprint indentation - distance to the next channel
Max. Number of repetitions - maximum number of channel orders
Lot - size of the initial lot
Kf. lot - coefficients of lot multiplication for the next channel orders

How to correctly set the GMT parameter in the EA settings?

This parameter defines the difference between the time of terminal and the GMT time. To determine the time of the terminal, open the "Data Window" in your terminal and in the header of this window you will see the time, let's say it is 11:05:21. We need a whole number of hours which is 11. Now we need to determine the GMT time for the current time. Open your browser and any search engine and write "GMT time", open any website and look what time it is now - let's say it is 09:05:21.

Then subtract the GMT time from your time 11-9=2 and we get the parameter, which should be specified in the Expert Advisor settings: +2 GMT. Set +2 GMT in the EA settings on all the charts that you are trading.

Trading conditions:

Broker: which reduces the margin on the opening of an opposite order
Minimum deposit: 10,000 (or $100 on a cent account)
Leverage: 1:500
Time frame: Does not matter
Trading hours: European and American sessions

more...

Anna Bryja 2024.03.05 00:17 #

I love this Expert Advisor. I have used it for over a month and so far is doing very well.

NinjaPips1 2024.01.23 09:58 #

Good

7132

Luis Mariano Vazquez Marcos 2023.12.26 14:17 #

Excelente

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MT5 version | Signal | Settings | Test reports | FAQ Prop Master Expert Advisor works according to the classical strategy and follows all the rules set by Prop firms for their clients. The Expert Advisor can be traded both on funded accounts of Prop firms and on your own accounts. There is no restriction on the type of trading account. Check out the Prop Master live signal: https://www.mql5.com/en/signals/2216370 How to test the Expert Advisor? It is important for the Expert Advisor to

279 USD

Settings | MT4 version | Universal Box Trading Sessions Indicator | FAQ Universal Breakout is an Expert Advisor that trades on the classic price range breakout strategy . It can be set up for any strategy that involves price breaking out of the price band , which is set by the time interval. For example : breakout of Asian, European or American trading session extremums, breakout of daily extremums or even the first H4 candle of Monday. The new Expert Advisor Prop Master - test it

FREE

MT4 version | FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User

97 USD

Backtests from 2015 | MT5 version | FAQ MiloBot PRO is a Forex Expert Advisor (EA) based on the author's strategy which has been developed, tested and optimized for more than 2 years. The main indicator of the MiloBot PRO’s reliability is developers’ real accounts totaling more than 100 000 USD . The MiloBot Pro’s advanced algorithmic strategy gives everyone the opportunity to earn the stable profit every month. Copyrighted indicators help the EA accurately to enter the market when

250 USD

Settings | MT5 version | Universal Box Trading Sessions Indicator | FAQ Universal Breakout is an Expert Advisor that trades on the classic price range breakout strategy . It can be set up for any strategy that involves price breaking out of the price band , which is set by the time interval. For example : breakout of Asian, European or American trading session extremums, breakout of daily extremums or even the first H4 candle of Monday. The new Expert Advisor Prop Master - test it in you

FREE

MT5 version | Valable ZigZag Indicator | FAQ The Grid HLevel Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works according to the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the indi

FREE

MT4 version | Trend Monitor VZ Indicator | Owl Smart Levels Indicator | Owl Smart Levels Strategy | FAQ Elliott wave theory is an interpretation of processes in financial markets that relies on a visual model of waves on price charts. The Valable ZigZag indicator displays the wave structure of the market, which can be used to make trading decisions. The Valable ZigZag indicator is more stable and does not often change its direction like the classic ZigZag indicator, misleading traders.

FREE

MT4 version | Valable ZigZag Indicator | FAQ The Grid HLevel Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works according to the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the in

FREE

MT4 version | Owl Smart Levels Indicator | Owl Smart Levels Strategy | FAQ The Fractals Indicator is one of the elements of the author's trading strategy of Bill Williams . It is used to search for price reversal points on the price chart and, consequently, support and resistance levels. The Full Fractals Indicator is an improved Fractals which is available in the toolkit of almost all trading terminals. Its only difference is that to build a fractal we use 5 candles to the left

FREE

MT4 version | Valable ZigZag Indicator | FAQ The Elliott Wave Theory is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The Valable ZigZag Indicator shows the wave structure of the market , as well as indicates the direction of the main trend at the moment on the current timeframe. For your conve

47 USD

MT5 version | FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private

97 USD

MT5 version | Owl Smart Levels Indicator | Owl Smart Levels Strategy | FAQ The Fractals Indicator is one of the elements of the author's trading strategy of Bill Williams . It is used to search for price reversal points on the price chart and, consequently, support and resistance levels. The Full Fractals Indicator is an improved Fractals which is available in the toolkit of almost all trading terminals. Its only difference is that to build a fractal we use 5 candles to the left and 2

FREE

MT4 version | FAQ | EA Universal Breakout Universal Box plots price ranges on the chart which can be used later to trade on a price range breakout. There are many strategies with which you can apply this indicator. The indicator is set by default to mark Asian, European and American trading session ranges on the chart. Ranges are plotted as rectangles, the boundaries of which are the beginning and end time of the trading session, and the levels of maximum and minimum prices fo

FREE

Reports V4 since 2010 | MT4 version | FAQ !!! NEW VERSION V4 - ON 09/23/2023!!! Added a new more stable algorithm (see below for details). PLEASE SET UP CORRECTLY BEFORE TESTING It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly? The setting should be made at the time when the market is open and ticks are received in the trading terminal. Open Google and search

497 USD

MT5 version | Trend Monitor VZ Indicator | Owl Smart Levels Indicator | Owl Smart Levels Strategy | FAQ The Elliott wave theory is an interpretation of processes in financial markets that relies on a visual model of waves on price charts. The Valable ZigZag indicator displays the wave structure of the market, which can be used to make trading decisions. The Valable ZigZag indicator is more stable and does not often change its direction like the classic ZigZag indicator, misleadin

FREE

MT5 version | FAQ | EA Universal Breakout Universal Box plots price ranges on the chart which can be used later to trade on a price range breakout. There are many strategies with which you can apply this indicator. The indicator is set by default to mark Asian, European and American trading session ranges on the chart. Ranges are plotted as rectangles, the boundaries of which are the beginning and end time of the trading session, and the levels of maximum and minimum prices for that period.

FREE

Reports V4 since 2010 | MT5 version | FAQ !!! NEW VERSION V4 - ON 09/23/2023!!! Added a new more stable algorithm (see below for details). PLEASE SET UP CORRECTLY BEFORE TESTING It is important for the Expert Advisor to operate in the correct time zone, so before testing you should correctly set the GMT parameter. How to set the GMT parameter correctly? The setting should be made at the time when the market is open and ticks are received in the trading terminal. Open Google and search f

497 USD

MT5 version | Valable ZigZag Indicator | FAQ The Elliott Wave Theory is an interpretation of the processes in the financial markets, which is based on the visual model of waves on the price charts. According to this theory, we can know exactly which trend is prevailing on the market now, upward or downward. The Valable ZigZag Indicator shows the wave structure of the market , as well as indicates the direction of the main trend at the moment on the current timeframe. For your convenience

47 USD

I think everyone knows such a rule of money management as "Safe". For those who are not aware, the safe assumes closing half of the position after the profit on the transaction has equaled the size of the stop. Thus, even if the price reverses and catches the stop, you will not lose money, because exactly the same amount of profit was received when closing part of the position earlier. The Safety Expert Advisor has only one setting – the closing lot. Leaving it at position 0, the adviser will

FREE

MT4 version | Signal | Settings | Test reports | FAQ Prop Master Expert Advisor works according to the classical strategy and follows all the rules set by Prop firms for their clients. The Expert Advisor can be traded both on funded accounts of Prop firms and on your own accounts. There is no restriction on the type of trading account. Check out the Prop Master live signal: https://www.mql5.com/en/signals/2216370 How to test the Expert Advisor? It is important for the Expert Advisor to

279 USD

Filter:

Tama Pomare 2024.04.18 08:09 #

EA ok

Anna Bryja 2024.03.05 00:17 #

I love this Expert Advisor. I have used it for over a month and so far is doing very well.

2329

agrushev777 2024.02.17 17:09 #

User didn't leave any comment to the rating

ian1829 2024.02.13 22:19 #

If i use it on more than one pair do i need seperate unique numbers

NinjaPips1 2024.01.23 09:58 #

Good

John Shi 2024.01.22 14:57 #

EA bad

7132

Luis Mariano Vazquez Marcos 2023.12.26 14:17 #

Excelente

2281

MattyTrading 2023.12.09 22:35 #

Saludos , seria bueno que el Creador de este Robot comparta los setting , una cuenta de 10,000 dolares te la baja a 4,000 en 30 dias . Al operar martingala es de cuidado .POR FAVOR compartir los set del robot .GRACIAS

662

NN 2023.07.14 00:10 #

This EA works well and is profitable. Thank you!

alikdr188 2023.06.21 11:57 #

V . good .thanks to the author for a high-quality free adviser

Charlygold7 2023.06.02 11:45 #

Est ce qu'il existe pour MT5?

AndersonDF1227 2023.05.14 05:37 #

martingale EA?

Raakesh Chettela 2023.04.16 10:37 #

So far so good, I have back tested it in almost all major pairs, I will try it on real market as well and let you know the actual update, thanks for this free version. It's worth testing and trying, keep up the great work.

144

Raymond Clemens 2023.04.09 18:04 #

Like so far seems to work ok.

Tika Tanaiyo 2023.02.26 18:30 #

gubio 2023.02.25 01:25 #

Good

460

Aslam Sbry Alsyd Mstfy 2023.02.14 16:23 #

New perfect strategy , good job, but I've one comment , if you need it work at high volatility why you didnot put an volatility indicator

kitherw68 2023.02.06 15:51 #

Did not like it, it basically started out well, but then it started depleting my account. Maybe I didn't stay in it long enough but I don't think it's for me or a small account.($100) Thank you.

155099

Reply from developer Sergey Ermolov 2023.02.07 10:41 #

The description of the Expert Advisor contains recommendations on the trading balance and trading conditions of the account. If you stick to them, everything will be fine

Manio Lias 2023.01.18 10:23 #

Very good so far!

Emma Jago 2023.01.08 06:49 #

Eine sehr interessante Strategie. Ich warte auf Signale, wenn ich arbeiten kann

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Version 1.5 2023.01.29

Added the ability to set the lot size as a percentage of the deposit
- Lot type
- MM (% from balance)

Version 1.4 2023.01.21

New setting.
Indentation for starting orders - deviation from the price for starting orders at the beginning of the trading session.

Version 1.3 2023.01.18

Extended time and trading day settings. Now you can configure the Expert Advisor once a week for the whole week based on trading recommendations.

Version 1.2 2022.12.26

Fixed the error of restarting the EA, now the EA picks up its orders after restarting and does not start new series until it completes the old ones