Range Breakout Day Trader

5

Introducing the Range Breakout Day Trader. This Expert Advisor only trades during the day (European time). This EA uses proven strategies and doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA shows that safe and reliable automated trading systems don't need to cost that 


Price: 179.00 USD

Prop Firm Ready

Live Signals:


For the manual and set-files: Click here

EAs channel: Click here

This carefully crafted Expert Advisor opens one position every day after a range has been set between 1:00 and 6:50 AM (GMT/UTC+2) on the USDJPY currency pair.

Because it only opens one position with a stop loss and closes automatically at the end of the day (so you  also avoid swap costs), it's a very safe EA. You can even set up an extra safeguard by setting up the maximum allowed equity drawdown.

After the breakout of the range (which will happen after 6:50 AM) a carefully optimized trailing stop will start after a certain amount of profit has been reached.

At 19:55 PM the position will be closed which will then also avoid any swap costs for open positions during the night.

An integrated trend filter will increase the probability of opening the position in the right direction of the range breakout.

There will be also situations that the profit can increase further. For those situations the EA has a build-in alert option (by notification or email) to send a warning if the price reaches a certain amount of profit early, so that you can temporarily switch of the take profit level and let the profits increase further. This can be done in situations when for example the profit already increases quickly after opening a position and trend indicators on a higher time frame show that the trend will probably continue.

But be aware that these situations where the price continues to move in one direction during the day don't happen a lot. And switching off the default settings of the EA and combining manual trading can involve extra risks.


Prop Firm Ready

The LOW RISK and EXTRA LOW RISK settings of this EA are suitable for prop firm challenges. 


Recommendations:

  • Currency pair: USDJPY, GBPUSD, BTCUSD
  • Timeframe: M5
  • Minimum deposit : $100
  • Account type: ECN, Raw or Razor with very low spreads
  • It is important to use low spread accounts for best results
  • Use VPS to keep EA running 24/7
  • Leverage 1:500 (if using medium or high risk settings)
Specifications:
  • No Grid or Martingale system
  • Every trade is protected with a Stop Loss
  • Extra protection possible by setting up the max. equity drawdown
  • Entry strategy incorporates a daily range breakout with a trend filter
  • Exit strategy incorporates a trailing stop using ATR values
  • Option to choose risk based lot size or fixed lot size
  • Option to send notification/email alert at predefined profit percentage
  • Default settings are already fine for most brokers that use a GMT/UTC+2 with DST server time. If your broker has a different server time, time setting adjustments need to be done


Reviews 3
Daniil Shchukin
1866
Daniil Shchukin 2024.09.07 10:41 
 

Good EA ! Thanks ! Using it in my portfolio of EA's, highly recommend!

Eddie
192
Eddie 2024.07.01 12:40 
 

The Author is very supportive, helpful and excellent customer support. I contacted him for assistance with the EA set up, and Author,s response was quick, very patient and helped resolved my query. Massive thanks to the author.The EA is brilliant and doing exactly as described.

gregor_h
1509
gregor_h 2025.02.19 09:01 
 

The author has been incredibly accessible and willing to help with any questions I have had. His responsiveness is truly commendable! As for the performance, it's still too early for me to provide a comprehensive assessment. However, I look forward to evaluating its effectiveness as I gather more data over time. Overall, I'm optimistic about my experience so far.

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Experts
BLACK FRIDAY - 20% OFF 24 hours only. Sale ends November 29th. This will be the only sale for this product. Introducing Syna Version 4 - The World's First Agentic AI Trading Ecosystem I'm thrilled to unveil Syna Version 4, the forex trading industry's first true multi-EA agentic coordination system . This groundbreaking innovation allows multiple Expert Advisors to operate as a unified intelligence network across different MT5 terminals and broker accounts - a capability that has never existe
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Real monitoring. Honest tests. Zero hype. LIVE SIGNAL MANUAL and SET FILES Before we go into technical details, there are two things you must know: PipsHunter is confirmed by a real-money monitoring signal. The EA has been running live for several months on a real account (Pepperstone), and the monitoring is fully public. No simulations, no hidden accounts, no “perfect backtests only” — real trading results confirm the actual performance. Backtests are 100% honestNo curve-fitting, no history man
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How To Trade Pro (HTTP) EA — a professional expert advisor for trading any assets without martingale or grids from an author with 25+ years of experience. Most top advisors work with rising gold. They look brilliant in tests... as long as gold is rising. But what happens when the trend exhausts itself? Who will protect your deposit? HTTP EA does not believe in eternal growth — it adapts to the changing market and is designed to widely diversify your investment portfolio and protect your deposit.
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Experts
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Experts
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gregor_h
1509
gregor_h 2025.02.19 09:01 
 

The author has been incredibly accessible and willing to help with any questions I have had. His responsiveness is truly commendable! As for the performance, it's still too early for me to provide a comprehensive assessment. However, I look forward to evaluating its effectiveness as I gather more data over time. Overall, I'm optimistic about my experience so far.

Daniil Shchukin
1866
Daniil Shchukin 2024.09.07 10:41 
 

Good EA ! Thanks ! Using it in my portfolio of EA's, highly recommend!

Eddie
192
Eddie 2024.07.01 12:40 
 

The Author is very supportive, helpful and excellent customer support. I contacted him for assistance with the EA set up, and Author,s response was quick, very patient and helped resolved my query. Massive thanks to the author.The EA is brilliant and doing exactly as described.

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