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Don Hits is an MT4 expert advisor that trades with a grid and martingale-style recovery approach. It adds news filtering and equity, drawdown, lot and order-count limits, and can be run on gold and forex pairs.
Get one message the moment it launches, with its price.
Don Hits is an expert advisor for MetaTrader 4 that opens trades in both directions and manages them as a grid. It is built for traders who understand averaging strategies and want a system with several protective limits around it.
The EA opens an initial position and, if price moves against it, adds further orders in steps. This is a martingale-style logic: the basket is managed as a whole and closed when it reaches its target. The EA also looks at what price is doing on a lower and a higher timeframe to decide whether to add orders or to step in and reduce drawdown.
Entries are filtered by several internal indicators that try to judge whether price is stretched or near the edge of a move. A news module reads market news data so the EA can react to volatile releases.
The description names gold (XAUUSD, XAUEUR) and forex pairs such as EURUSD and GBPUSD. Gold moves quickly and has wide spreads on many brokers, so grid spacing and lot size that suit a currency pair may not suit gold. Test each symbol separately and keep one set of inputs per chart.
Exact input names and default values can differ between releases, so read the inputs tab when you attach the EA. The table below lists the groups to look for and what to verify.
| Group | What to check |
|---|---|
| Lot sizing | Starting lot, multiplier and maximum lot size relative to your balance |
| Grid | Distance between orders and the maximum number of orders |
| Risk limits | Equity and drawdown thresholds and what the EA does when they are hit |
| News | Filter on or off, and any web access that must be allowed in MT4 |
| Take profit | Basket target and how the updater adjusts it |
| Symbol and time | Allowed symbols, spread limits and any session restrictions |
Grid and martingale methods can show a series of small gains and then a large loss when price trends against the basket. Account size, leverage, spread and swap all affect the outcome. Start with a demo account and a small lot size, and confirm the drawdown limits behave the way you expect.
Trading carries risk, and you can lose more than you expect with averaging systems. Past results, including any live signal history, do not predict future ones. Only trade with money you can afford to lose.
Running the EA on a VPS keeps it connected, which matters for a system that manages open baskets.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Gold or XAUUSD, Signals, Grid |
| Delivery | Digital download, manual installation |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Grid with martingale-style averaging, buy and sell |
| Markets | Gold (XAUUSD, XAUEUR) and major forex pairs |
| Timeframes | Works across timeframes; checks a lower and a higher one internally |
| Risk controls | Equity, drawdown, max orders, max lots, swap and news filters |
| Requirements | Hedging-capable MT4 account, VPS recommended for continuous running |
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No. This listing is for MetaTrader 4 only. The file is an MT4 expert advisor and will not load in MetaTrader 5. If you use MT5, look for a separate MT5 product.
It is described as adaptable to forex pairs such as EURUSD and GBPUSD and to precious metals such as XAUUSD and XAUEUR. Spreads, swaps and volatility differ a lot between symbols, so test each one on a demo account before using real money.
It uses a grid with martingale-style averaging, which means positions can be added while price moves against the first trade. Drawdown can become large in a strong trend. The built-in limits help, but they do not remove the risk. Choose a lot size and account size you can afford.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the EA onto a chart, enable Algo Trading and allow live trading in the EA properties. If the news feature needs web access, add the required address under Tools, Options, Expert Advisors.
Preset files are not part of this listing. You should check the included files and the seller's own page for what is offered, and confirm your own settings on a demo account first.
No exact minimum deposit is given here, so check with the seller and run the EA on a demo account of your broker. Look at spread, execution speed, swap charges and whether the account type allows several orders per symbol.
Don Hits
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