Market / MetaTrader 5 / Experts /

Euro Range Sniper M5

FREE

Published: 15 April 2026

Current version: 1.0

Euro Range Sniper M5

Experts
Hideki Takahashi
Hideki Takahashi
Japan

1085
1 (2)
Automated trading specialist.
Focused on stable range strategies.
Developer of profitable MT5 Expert Advisors.

5 products
Version: 1.0

Euro Range Sniper M5 is an automated trading EA specifically designed for EURUSD range market conditions.

It utilizes price deviation from recent highs and lows to identify overextended market movements and executes counter-trend entries.

While based on a simple concept, the EA is designed to deliver stable performance with low drawdown.

Instead of following trends, this EA focuses on capturing price reversals within a range,

making it suitable for relatively stable market environments.

■ Backtest Results (Reference)

- Symbol: EURUSD

- Timeframe: M5

- Profit Factor: 1.36

- Recovery Factor: 20.95

- Max Drawdown: approx. 1.2%

- Win Rate: approx. 55%

- Total Trades: 5000+

*These results are based on historical data and do not guarantee future performance.*

■ Key Features

- Range market focused strategy

- Entry based on deviation from highs and lows

- Simple and efficient logic

- Fully automated trading

- Designed with low drawdown in mind

■ Strategy Overview

The EA monitors recent price ranges (highs and lows).

When price deviates beyond a threshold, it enters trades expecting a reversal.

Profit is taken as price returns toward the range.

■ Recommended Settings

- Symbol: EURUSD

- Timeframe: M5

- Low spread broker recommended

- Stable execution environment

■ Disclaimer

This EA does not guarantee profits.

Losses may occur depending on market conditions, especially during strong trends or high volatility.

Please test on a demo account before using in live trading.

Proper risk management is strongly recommended.

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jalawrence 2026.05.29 13:13 #

Ran it for a week. No trades opened.

Euro Range Sniper M5

Hideki Takahashi