Gold Range breakout EA
- Experts
- Version: 1.3
- Activations: 10
Gold Range Breakout EA
One disciplined trade a day, built on the market's quiet-to-active transition.
What it does
Markets often move quietly through the Asian session and then break out when volume arrives. This EA measures that quiet range every day, then prepares for whichever direction the market chooses. If price breaks out, it takes the trade. If not, the pending orders are removed and no trade is taken that day.
Why traders like it
- Clear rules, no guesswork. One setup, one trade at most per day.
- Every trade has a stop loss and a take profit. Risk is set as a percentage of your balance.
- No martingale, no grid, no averaging down.
- Closed within the day. Nothing is held overnight, so you don't pay swap.
- Volatility filter. It skips days when the range is unusually small or large.
- Works on any chart timeframe. It reads its own data, so you can attach it to any timeframe.
- Best on XAUUSD (gold), and also usable on major forex pairs.
Built to be easy to use
- On-chart dashboard with a plain-English status, today's range, the entry levels, a countdown to the next event, your open trade, and your results.
- The day's range and levels are drawn on your chart.
- Optional alerts and push notifications when orders are placed, a trade opens or closes, or a day is skipped.
- Broker time setting with optional daylight saving handling, so it works with any broker.
Quick start
- Attach the EA to a chart of your symbol.
- Set your broker's time offset in the inputs.
- Choose your risk percentage and leave the rest at defaults.
Use one chart per symbol. Test it on a demo account first.
Risk warning: trading carries risk and past results do not guarantee future performance. Never risk money you cannot afford to lose.
