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EA Range Osw MT5

80 USD

Published: 22 August 2026

Current version: 1.0

EA Range Osw MT5

Utilities
William Oswaldo Mayorga Urduy
William Oswaldo Mayorga Urduy
MQL4 and MQL5 Developer at Oswaltrading

Colombia

8479
5 (62)
MQL4 and MQL5 trader and developer since February 2019, delivering projects in under one day and providing post-delivery technical support.
Optimized code, advanced logic, and high-quality code.

58 products 1 signal 9 topics 20 comments
Version: 1.0
Activations: 7

EA Range Osw

EA Range Osw is an expert advisor designed to trade breakouts or reversals in time-bound price ranges. It identifies highs and lows during a custom schedule, places pending orders, and manages risk professionally.

Parameter Guide (Inputs Menu)

Range Start / End Time (hh:mm): Defines the period to calculate the range.

Open / Close Orders Time (hh:mm): Schedule for managing pending orders.

Cancel / Close Orders: Cancels pending orders and closes operations at the end of the day.

Color Range: Color of the rectangle delimiting the range on the chart.

Range Min / Max (Points): Filters to validate the range size.

Enabling Orders Direction: Configures whether it trades buys, sells, or both.

Set Orders Direction: Breakout (buy high/sell low) or reversal (sell high/buy low).

Risk Type / Fix Lot: Risk mode and base volume.

Lot Risk (Money / % Balance): Dynamic lot according to monetary or percentage risk.

SL / TP Type: Defines fixed limits or dynamic range multipliers.

SL / TP (Points / Multiplier): Distance values for losses and profits.

Magic Number / Deviation: Expert identifier and maximum deviation.

BE (Break Even) / Activation / Displacement: Protects the operation at the break-even point.

TSL (Trailing Stop) / Steps: Dynamic tracking to secure profits.

Daily Stop Profit P / N: Enables and defines daily profit or loss limits.

Sunday to Saturday: Enables or disables trading depending on the day.

Visual Interpretation

Draws a colored rectangle (Color Range) that delimits the detected accumulation zone. It allows the trader to see the control range and key breakout levels in real-time.

Operation Guide

At the end of the range, if the size is valid, the advisor places pending Stop or Limit orders. After activation, dynamic risk management (SL, TP, BE, TSL) begins.

Optimization and Recommendations

Timeframes: M15 or M30 for precision.

Assets: EURUSD, GBPUSD, and Stock Indices at the London or New York open.

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EA Range Osw MT5

William Oswaldo Mayorga Urduy