Tokyo Range Breakout

How It Works

• The EA automatically detects the Asian session range (00:00 – 08:59) UTC by mapping the highest and lowest price levels.
  
• A box is drawn to clearly mark this range on your chart.
  
• During the London session and early New York hours, the EA monitors price action for a confirmed breakout + retest of this range.
  
• When conditions align, the EA opens a trade in the direction of the breakout with a fixed 1:2 Risk-to-Reward ratio.
  
• To keep things clean and disciplined:
  
• Only one trade per day is allowed.
  
• All positions are closed two hours before the New York session ends, avoiding overnight swap fees and weekend risks.
  

Key Features

• Balance-based risk engine – configure how much % of your account you want to risk per trade (e.g., 1%)
  
• Trailing stop option – enable or disable according to your strategy preference.
  
• News filter – avoid trading during extreme high-impact news events (fully user-controlled).
  
• Prop-firm friendly – built with strict risk management, session limits, and no overnight trades.
  
• Simple setup – just attach to the chart and let the EA handle the rest.
  

Why Choose This EA?

• Removes emotional decision-making by following a proven breakout model.
  
• Manages trades automatically with proper risk control
  
• Works across Forex and selected CFDs.
  
• Ideal for traders who want consistency, discipline, and prop-firm adaptability.