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Overview
The Shuttle Runner Expert Advisor (EA) is an advanced Forex software that harnesses the swing strategy, a method that has been in use since 2009 by Forex traders worldwide. The Shuttle Runner is a refined and improved version of this strategy designed to optimize Forex trades during active market phases.
Focused Trading During Active Market Phases
Shuttle Runner is designed to be used specifically during active market phases. These periods are generally observed during the European and American trading sessions. The Asian market can also be considered, provided there are significant economic news events. Prior to activating the Shuttle Runner EA, traders are advised to review the economic calendar and assess the relevance of news events in the country whose currency they intend to trade.
Strategy Execution
Once an important news event is identified, the Shuttle Runner EA can be initiated 1-2 hours prior to the news release. Pending orders can be employed to start, although market price entry may also be used, as adjusted by the ‘Start Trade’ parameter. This strategy is designed to capitalize on the market movements that news events can trigger.
Order Placement and Management
After placing the first order, an opposing order is immediately set up, distanced 20-30 points from the initial order and with a lot size 2.3-3 times larger. This is done to offset potential losses from the first order if the price shifts in the opposite direction. If the price does indeed turn and the pending order is engaged, another opposing order is placed, with the lot size again increased by 2.3-3 times.
Channel Usage and Profit Maximization
Profits and stops are set 15-30 points from the channel edges, allowing all orders within the same channel to be simultaneously closed. If the TakeProfit is triggered, remaining orders in the channel are deleted. The Shuttle Runner EA can run multiple channels at the same time, increasing profits through this strategy. However, it is crucial that these channels do not overlap in price.
This strategy results in a pattern where profit is made regardless of price direction. The only requirement is that the market does not stagnate within the channel for too long or touch the channel borders too frequently. By trading only during active market stages, there is an assurance that the market will move in some direction.
Shuttle Runner EA: Recent Updates
As of September 23, 2023, the Molecule AI Expert Advisor has been updated to version V4, resulting in increased profitability and stability. Users are encouraged to test this latest version on their terminal.
Parameters of the Shuttle Runner EA
The ‘Start Trade’ parameter in the Shuttle Runner EA determines the entry point for trading. This parameter can be adjusted to match the trader’s preference and market conditions. Further details about the parameters can be found in the product documentation.
FAQ
Where can I watch independent testing of the Shuttle Runner EA?
Independent testing of the Shuttle Runner EA can be viewed on the forexroboteasy.com website.
Can I subscribe to updates on the results of testing this product?
Yes, you can subscribe to updates on the testing results of the Shuttle Runner EA on the forexroboteasy.com website.
Yes, user reviews and experiences are encouraged and can be shared through the forexroboteasy.com website.
This independent product review is aimed at providing traders with an in-depth understanding of the Shuttle Runner EA. The objective is to empower traders with the knowledge to make informed decisions and develop effective trading strategies.
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