RangeBreakerPro

Range Breakout EA – Smart Session Trading with Precision Risk Control

Range Breakout EA is a fully automated trading system for MetaTrader 5 designed to capture high-probability breakouts from defined market ranges. Built for traders who want

structured, rule-based execution, it combines session-based logic with advanced risk management.


Strategy Overview

This Expert Advisor identifies a price range during a user-defined time window, then places breakout orders above and below that range. Once price breaks out, the EA automatically manages the trade based on your risk and profit settings.

✔ Ideal for London or early-session breakout strategies
✔ Works on any symbol (Forex, indices, commodities)
✔ Fully automated – no manual intervention required

Key Features

Custom Trading Range

-Define exact start and end time for range calculation

-Automatically detects high and low levels

-Visual range box displayed on chart


Breakout Trading Logic
-Places pending Buy Stop & Sell Stop orders
-Executes trades only when price breaks the range
-Optional: cancel opposite order once a trade is triggered


Advanced Risk Management

-Fixed risk per trade (in currency)
-Dynamic lot sizing based on stop loss distance

-Configurable Take Profit as % of Stop Loss


Flexible Stop Loss Options

-Standard stop loss based on range
-Optional percentage-based SL for fine control


Trade Management Tools

-Optional move Stop Loss to Breakeven
-Customizable trigger level (% of SL distance)
-Automatic end-of-day cleanup


End-of-Day Control

-Define when trading stops
-Helps avoid overnight exposure


Input Parameters

-Range start / end time
-End-of-day closing time
-Risk amount ($ per trade)
-Take profit multiplier (%)
-Stop loss mode (fixed or % of range)
-Breakeven settings
-Visual customization (range box & lines)


Why Choose This EA?


✔ Simple but powerful breakout strategy
✔ Fully customizable to fit your trading style
✔ Clean logic – no overcomplicated indicators
✔ Designed for consistency and discipline


Recommendations

-Best used during high-liquidity sessions (e.g., London open)
-Works well on M15–H1 timeframes
-Always test settings in Strategy Tester before live use


Installation

-Copy the EA into your Experts folder
-Compile in MetaEditor
-Attach to a chart and configure inputs
-Enable AutoTrading
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Scalper speed with sniper entries. Built for Gold. VERY LIMITED PRICE (6 licenses left) -  299 USD  (499 USD regular)  to celebrate WR6 launch Tired of all the fake EAs that eventually disappear? Most authors just create another EA when it fails - I wanted to do it differently. Wave Rider is my personal project built out of passion - honest, transparent EA without any fake AI or manipulated back-test that's been continuously updated for more than 8 months, that I am using myself from very first
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