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HitAndRun

      This system uses tops and bottoms to place Buystop/Sellstop orders witha a small Stoploss and if the order isn't closed by the Stop, it continues to ride the Trend until it's closed  by an implemented indicator or if a certain number of bars have passed since the order was opened or TP function  . It also has a Lot management system included which is correctly calculated for accounts in USD . 

      The EA also has a Breakeven function wich can be set by the user and Trailstop function .

It is recomended that you trade with a low-spread broker because the system uses small stops and of course , if the spread is larger, you must also increase the StopLoss , which leads to a higher drawdown .

    The system also has a loss recovery function which partly recovers the losses using Macd indicator , price levels and the jump in price when the other conditions are met .

   The loss recovery function uses lot size multiplier if profit is not reached from the first trade .

A free version of the product may be found HERE . The free version is limited in lot size and magic number .

Alternative expert settings can be found in the "Comments " section at post #50 .

Pairs : EUR/USD , USD/JPY , GPB/USD .

Timeframe : H1 .

Parameters :

Magic - Magic Number .

Lots - Lot size if lot size used is fixed and no auto lot management is used ;

Manage_Lot - true/false - if true , lot size will be automatically calculated by the EA ; if false , fixed lot size will be used;

Risk Percent - is used in the auto lot management , if set to 1 , with Manage Lot set to true , it will open 0.01 lot size for every 100$ of the account equity .

Hard Stop - is a normal stoploss ,set in points , based on the pending order placement or on the virtual trade level , if virtual pending orders are used ; if it is set to 0 it is not used ;

Virtual Stop - closes the open order if it was triggered at worse price than initially requested , so that the loss is not larger than it should be ; it is set in points and is not used if it set to 0;

Take Profit - normal takeprofit , set in points , based on the pending order placement or on the virtual trade level  , not used if set to 0;

Close Orders by Macd indicator or after a certain number of bars after the order was opened , customisable (true or false) ;

Close by Macd Offset : delays the closing by Macd to prevent premature closing ;

CloseByNewLevel - if true , moves the TakeProfit to a newly formed trade level ;

CloseAtEndOfDay ;

TrailingStop - set in points , not used if set to 0;

TrailStep - the step in points the TrailingStop will move;

StartTrailAfter - starts TrailingStop only after the input number of points;

BreakEven - true/false ;

BreakEven after points - moves the Stop after the input number of points ;

BreakEvenPoints - points to lock in profit if BreakEvenAfterPoints is activated;

Level - set to 48 - upper and lower levels from the last 48 candles in the chart ;

VirtualPendingOrders - if true , market orders will be used instead of pending orders;

MaxSpreadPoints - the maximum spread in points allowed for market orders;

Working time for sending market orders : StartTime , EndTime;

Loss Recovery function uses lot multiplication to achieve profit , places market orders based on high/low trade levels combined with Macd indicator . Profit and loss can be managed by normal SL or TP , or by account currency.


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Hung Phi Le
32
Hung Phi Le 2020.02.21 14:43   

Very nice EA. Hit&Run do not depends on any kind of lagging indicator. Hit&Run buy at the Top & sell at the Bottom for the strong break out with 5 pips StopLoss & more than 100 pips TakeProfit per trade. The winrate is low, but the risk/reward ratio is very nice !

Thanks so much !

Версия 4.0 2020.07.21
Added Reverse Orders possibility for Main strategy and for Recovery strategy , improved chart Comment and added Info Panel feature .
Версия 3.9 2020.04.22
Deleted unused parameter .
Версия 3.8 2020.04.22
Added new parameter , Parabolic SAR Stop Loss and modified Colse by SAR parameter into Trail by SAR .
Версия 3.7 2020.04.21
Added new parameters , Maximum open orders per side , Max Long , Max Short
Close by Parabolic SAR indicator - follows the profit with a Trail Stop defined by Parabolic SAR value from last candle .
Defined working time for orders as integer , so they become optimisable .
Версия 3.6 2020.03.31
Added new function , pause pending orders over the weekend , deletes pending orders on friday at input time and replaces them on monday at the input time if spread is lower than the input value .
Версия 3.5 2020.03.31
Fixed the resuming operation function if pause pending is active .
Версия 3.4 2020.03.26
Corrected the resume function if pause is active , pending orders will not be replaced on old trade level if a new high or low is formed during the pause and price returns .
Версия 3.3 2020.03.25
Fixed Resuming Operation after pause , expert will resume only if spread is lower than the input max spread parameter .
Версия 3.2 2020.03.25
Added new function , Pause Pending around Midnight , to avoid slippage and large spreads when working with pending orders.
Added new Max Spread parameter , used when resuming operation after pausing .
Версия 3.1 2020.03.23
Updated the Free Margin check before sending new orders .
Версия 3.0 2020.03.13
Added new parameters , SellOffset and BuyOffset , to allow the posibility to offset the pending or virtual stop orders .
Версия 2.9 2020.03.07
Added new parameter "Use currency" to manage profit and loss to the Main Strategy and fixed Journal Print for TrailStop and BreakEven functions .
Версия 2.8 2020.03.05
Fixed possible error regarding BreakEvenAfterBars parameter and added action log print to orders .
Версия 2.7 2020.03.04
Added new parameter , BreakEvenAfterBars and resolved Trailstop and Breakeven not working for short orders if HardStop was set to 0.
Версия 2.6 2020.02.17
Added virtualization fuction , to use virtual trade levels and work with market orders instead of pending , Max_Spread allowed parameter for market orders , customisable Stochastic period , working time when using market orders , the ability to change the orders comment - custom comment . The ability to cancel SL, TP and VirtualStop by setting them to 0 .
Версия 2.5 2020.02.16
Added new parameters to Loss Recovery Strategy , normal SL and TP , Manage Profit and Loss by currency , added max loss parameter (currency) , Option for Lot multiplication (true/false) .
Версия 2.4 2020.02.11
Corrected possible order modify error on close by new level condition .
Версия 2.3 2020.02.10
Added new parameter for the Main Strategy , Exit At End Of Day .Resolved Array out of range error for Loss Recovery function . Added Risk percent parameter for Loss recovery function , Auto_Lot (true/false) , new parameter Recovery_Level for trade levels calculation for the Loss Recovery funtion .
Версия 2.2 2019.12.18
Added new parameter for optimization -stops EA if balance is lower than the input ammount : Minimum_Allowed_Balance .
Версия 2.1 2019.12.12
Added new parameters - Close_By_New_Level in closing options , Trail_Step parameter , corrected errors for BreakEven and TrailStop functions (OrderModify - error 1) , optimised code for faster processing .
Версия 2.0 2019.10.16
Added new parameter : Start Trail After .
Версия 1.9 2019.09.18
Added loss recovery function .
Версия 1.8 2019.09.02
Corrected order selection on the new internal functions .
Версия 1.7 2019.09.01
Modified the EA so that only if the trading levels change it also deletes previous order and sends a new one .
Версия 1.6 2019.08.01
Added new parameter "Colse by Macd Offset" , to prevent premature closing .
Версия 1.5 2019.07.20
Fixed order closing right after opening if "Close by Macd" is set to true and condition is valid right after opening order . Modified to close only after bar is closed if the condition is valid .
Версия 1.4 2019.06.14
Fixed intermeshing of breakeven and trailstop if used together .
Версия 1.3 2019.06.10
Fixed order comments , added new parameter for breakeven fuction - BreakEvenPoints .
Версия 1.2 2019.05.08
Optimized code for placing pending orders , added new parameters , virtual stop , trailing stop , close after a certain number of bars and breakeven capability .
Версия 1.1 2019.04.02
Fixed "array out of range" error in backtesting