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True Range Engine MT5

5

Powerful Night Scalping & Smart Grid System
Optimized & backtested in 2010-2023 | Actual trading history since 2019


True Range Engine enters the market in the night session using indicators modified on the basis of machine learning to open a position. Dynamic order grid can be applied when price moves against open positions. The special Active Order option significantly increases performance when the number of open positions increases.

Depending on the position volume, True Range Engine can provide both stable and low-risk performance as well as ultra-high performance.


Features
100% automated trades
Hard stoploss for every position
Dynamic basket takeprofit
Fixed & Auto volume
Backtested in 2000-2023 (every tick, 100% history quality)
Optimized for 2010-2023 


Guidelines
EURUSD, M5
Time: CET
Leverage: 1:100+
Account: ECN
0.01l per $1000


Inputs

--- Common ---

Magic
Comment
Positions Direction Max, pos
Volume Position Max, lot
Spread Max, point
Timeframe In (to open positions)
Action Type (Tick/Bar)

ACT_TYPE_TICK (new tick)
ACT_TYPE_BAR (new bar)

--- Time ---

Time On (for first position only)
Time Off (for first position only)

--- Volume ---

Type (Fixed/Relative)

VOL_TYPE_FIXED (fixed volume - Volume Fixed Value)
VOL_TYPE_RELATIVE (relative volume - Balance/VolumeRelativeValue*VolumeFixedValue)

Fixed Value, lot (Fixed:lot=FixedValue)
Relative Value, $ (Relative:lot=Balance/RelValue*FixValue)

--- Levels ---

Basket Takeprofit, point (0-unused)
Basket Takeprofit2 Position, pos
Basket Takeprofit2, point (0-unused)
Position Stoploss, point (0-unused)
Grid Back, point (0-unused)

---- Pattern ---

RSI Period, bar
RSI High Level
ATR Period, bar
ATR Counter, bar
ATR Factor, % 

--- Active Position ---

Active Position, pos (0-unused)
Active Takeprofit, point

--- Display ---

Trades (none/metatrader/ea)

DISP_NONE
DISP_MT
DISP_EA

Color Buy ( clrNone-unused )
Color Sell ( clrNone-unused )


Links

True Range Engine MT4
Products
Signals
Telegram @smartforexlab

Reviews 2
PUI SIU GEOFFREY CHEN
1690
PUI SIU GEOFFREY CHEN 2023.09.04 15:10 
 

True Range series EA had been working well for me in the past few years.

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Smart Forex Lab.
5 (5)
Turbo performance comes first. Attention! The phrases machine learning, neural networks, AI, GPT, ... and other buzzwords are not used in the desccription and operation of the EA. Just catching overbought/oversold in the Asian session using the grid, human brain, experience and a lot of backtests.  True Turbo uses a grid of orders with preset stop loss and take profit settings, which allows traders to capture market movements and manage risks. This helps traders capitalize on market trends
MT4ToTG
Smart Forex Lab.
4.25 (4)
Your own copy system MT4 signal provider via Telegram Telegram isn't just for sending and receiving chat messages. It's also for automating your work flow. The combined use of MetaGram and Telegram bots allows you to send, receive and manage messages and even get your own copying system. Sharing trades with your subscribers is now such a simple process with this easy-to-use MetaGram app for MT4. Once you have connected MetaGram to your trading account and Telegram, your trades are sent immediat
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Ultimate Hero MT4
Smart Forex Lab.
5 (1)
Built for maximum performance. Optimized for profit withdrawals. Introducing a new option - testing with emulation of profit withdrawals. Ultimate Hero is an advanced trading tool designed to maximize your forex profits. This advanced trading software is created using the latest GPT-4 technology and has a wide range of advanced features. Ultimate Hero is a trading bot that uses a grid trading strategy based on the Martingale system. It is designed to provide stable returns by placing multiple t
Traffic Pro
Smart Forex Lab.
4.08 (12)
Traffic Pro EA analizes market conditions during the quiet Asian session and opens the trades after the price goes out of range. To protect the funds DD Stop system can be used. Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Optimized  & Backtested in 2010-2023 (every tick, 100% history quality) Guidelines Time: GMT+3 / GMT+2 (summer / winter) Leverage: 1:100+ ECN account Min deposit: $400 for defau
True Range Pro
Smart Forex Lab.
4.11 (9)
Accurate Night Scalping & Smart Grid System True Range Pro enters the market in the night session using indicators modified on the basis of machine learning to open a position. Dynamic order grid can be applied when price moves against open positions. The special Active Order option significantly increases performance when the number of open positions increases. Trailing Stop and Drawdown Stop options can be applied for additional account protection Depending on the position volume, True Rang
FX Rover P MT4
Smart Forex Lab.
Non-indicator Range Trading System New edition of FX Rover advisor - improved perfomance, updated software engine and inputs. Optimized & backtesed on real ticks with 99% quality in 2010-2022, сompatible with EURUSD, EURJPY, CADCHF, AUDNZD, AUDCHF, AUDJPY, AUDCAD. FX Rover P EA  trades pending orders from the borders of the calculated range. The grid of orders is activated if necessary. Features Indicatorless 100% automated Stoploss for every position (optional) Drawdown stop to prevent a
True Range Engine MT4
Smart Forex Lab.
5 (2)
Powerful Night Scalping & Smart Grid System Optimized & backtested in 2010-2023 |  Actual trading history since 2019 True Range Engine enters the market in the night session using indicators modified on the basis of machine learning to open a position. Dynamic order grid can be applied when price moves against open positions. The special Active Order option significantly increases performance when the number of open positions increases. Depending on the position volume, True Range Engine ca
Absolute Engine MT4
Smart Forex Lab.
5 (1)
Intelligent forex trading solution Get up to 70% off your second (third, fourth, etc.) purchase from our   Market . Details in PM. Absolute Engine is an advanced forex trading tool designed to provide stable and reliable trading with maximum deposit protection. Powered by cutting-edge artificial intelligence (AI) technology, it utilizes an intelligent grid trading system that offers unique options for optimizing profitability. Adaptive stop-loss and take-profit levels ensure that profits a
True Range Pro MT5
Smart Forex Lab.
5 (11)
Accurate Night Scalping & Smart Grid System The True Range Pro EA is a fully automated expert advisor that trades at night and exploits price reversion. The EA trades using limit orders with stop loss and take profit. This EA works best on EURUSD. The True Range Pro is designed to work on the MetaTrader 4/5 platform. It is easy to install and comes with detailed instructions on how to set it up. The EA is optimized for use on the M5 timeframe and can be used on any broker that offers the Met
FX Rover P MT5
Smart Forex Lab.
2 (1)
Non-indicator Range Trading System New edition of FX Rover advisor - improved perfomance, updated software engine and inputs. Optimized & backtesed on real ticks with 99% quality in 2010-2022, сompatible with EURUSD, EURJPY, CADCHF, AUDNZD, AUDCHF, AUDJPY, AUDCAD. FX Rover P EA trades pending orders from the borders of the calculated range. The grid of orders is activated if necessary. Features Indicatorless 100% automated Stoploss for every position (optional) Drawdown stop Fixed & Re
True Turbo MT5
Smart Forex Lab.
5 (1)
Turbo performance comes first. Attention! The phrases machine learning, neural networks, AI, GPT, ... and other buzzwords are not used in the desccription and operation of the EA. Just catching overbought/oversold in the Asian session using the grid, human brain, experience and a lot of backtests.  True Turbo uses a grid of orders with preset stop loss and take profit settings, which allows traders to capture market movements and manage risks. This helps traders capitalize on market trends
Ultimate Hero MT5
Smart Forex Lab.
Built for maximum performance. Optimized for profit withdrawals. Introducing a new option - testing with emulation of profit withdrawals. Ultimate Hero is an advanced trading tool designed to maximize your forex profits. This advanced trading software is created using the latest GPT-4 technology and has a wide range of advanced features. Ultimate Hero is a trading bot that uses a grid trading strategy based on the Martingale system. It is designed to provide stable returns by placing multiple
Intelligent forex trading solution Get up to 70% off your second (third, fourth, etc.) purchase from our   Market . Details in PM. Absolute Engine is an advanced forex trading tool designed to provide stable and reliable trading with maximum deposit protection. Powered by cutting-edge artificial intelligence (AI) technology, it utilizes an intelligent grid trading system that offers unique options for optimizing profitability. Adaptive stop-loss and take-profit levels ensure that profits
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PUI SIU GEOFFREY CHEN
1690
PUI SIU GEOFFREY CHEN 2023.09.04 15:10 
 

True Range series EA had been working well for me in the past few years.

Trade2222
1013
Trade2222 2023.09.02 15:55 
 

User didn't leave any comment to the rating

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Version 8.10 2024.01.15
Major update.
+ Updated structure of input parameters
+ Updated visualization of trades
Version 6.30 2023.10.18
minor bugs fixed
new settings