• Overview
  • Reviews (5)
  • Comments (7)
  • What's new

True Range Pro


Accurate Night/Intraday Scalping & Smart Grid System


Expected perfomance

  • 5-10% / mo (eurusd M5)
  • 20-40% / mo (gbpusd M1)


Features

  • 100% automated trades
  • Hard stoploss for every position
  • Dynamic basket takeprofit
  • High spread protection
  • Fixed & Auto volume
  • Easy to use & ready to go
  • 2014-2020 99% tick quality optimized & backtesed


    True Range Pro MT5 >> https://www.mql5.com/en/market/product/54578


    Set files 


    Monitoring 


    Telegram 


    Recommendations


    Input parameters

    • Magic - magic number
    • Comment - comment
    • Slippage - max allowed slippage, point
    • Order Max - max allowed amount of positions for each direction
    • Lot Max - max allowed volume of each position, lot
    • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
    • Direction - allowable positions type
      • LongAndShort
      • OnlyLong
      • OnlyShort
    • Takeprofit on Bar - getting takeprofit on bar / tick
    • --- Volume ---
    • Volume Type 
      • LotManual - based on Lot Main
      • LotAuto - based on Factor Auto
    • Lot Main - main lot (valid with LotManual / LotAuto), lot
    • Factor Auto - account funds per each Lot Main value, lot = ACCOUNT_MARGIN_FREE / Factor Auto * Lot Main (valid with LotAuto), $
    • Progression Type
      • PrgrNone - no progression
      • PrgrArithmetic - arithmetic progression (Lot=LotLast + Progression Factor)
      • PrgrGeometric - geometric progression  (Lot=LotLast * Progression Factor)
    • Progression Factor - progression value
    • --- Levels ---
    • Stoploss - stoploss of each position, point
    • Takeprofit - takeprofit of the basket (< Takeprofit Number positions), point
    • Takeprofit Number - number of positions to change takeprofit
    • Takeprofit 2 - takeprofit of the basket (>= Takeprofit Number positions), point
    • Grid - min grid step (< Grid Number positions), point
    • Grid Number - number of positions to change grid
    • Grid 2 - min grid step (>= Grid Number positions), point
    • --- Time ---
    • Hour Start - hour to open a position, hour
    • Hour End - hour to stop opening a position, hour
    • Hour End Friday - hour to stop opening a position on Friday, hour
    • Stopped - stop a new cycle
    • --- Indicators ---
    • RSI Period - period of RSI
    • RSI High Level - upper level of RSI
    • ATR Period - period of ATR
    • ATR Counter - counter of ATR
    • ATR Factor - last ATR to total ATR ratio
    • --- Overlap ---
    • Overlap - overlap of the first order by the last 
    • Overlap Number - number of orders to start overlapping
    • Overlap Percent - last order profit to first order loss ratio
    • --- Graphics ---
    • Color Buy - Buy levels color
    • Color Sell - Sell levels color
    • Display Trades - enable / disable to display the trades


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    Follow & Join

    Reviews 5
    ktyong
    68
    ktyong 2020.11.23 06:05 
     

    This EA is back by active support on telegram which is important for continuation of being profitable. Vendor will advice and recommend if it needs to turnoff during uncertainty period.

    PUI SIU GEOFFREY CHEN
    698
    PUI SIU GEOFFREY CHEN 2020.11.23 05:08 
     

    True Range series has a long history of success and is one of my main weapon in my portfolio. It has been working for me for many months with profit.

    gullyho
    59
    gullyho 2020.11.23 02:37 
     

    Awesome EA with excellent support. The EA may not be for the faint hearted but for those who can stand the large fluctuation in equity while the trade is underway, will be rewarded handsomely in closed profit. Highly recommended EA and supervalue for money. Your investment will be pay for and more.

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    Filter:
    Paul
    356
    Paul 2020.11.11 12:40 
     

    Another quality designed and engineered (and just as importantly, fully supported and maintained) EA from Smart Forex Lab. I have personally used the original True Range since it was first published back in May 2019. It has consistently generated healthy profits month after month. I have now upgraded to using True Range Pro to take advantage of it's additional features and benefits, such as the dynamic basket takeprofit, which will hopefully generate even greater profits with reduced drawdown.

    Smart Forex Lab.
    17641
    Reply from developer Aleksei Ostroborodov 2020.11.11 12:55
    Thanks, Paul
    Eduard Mushkatin
    1526
    Eduard Mushkatin 2020.11.23 02:31 
     

    Very good and stable working EA. Some time ago I have purchased as well TRP MT4 as the TRP MT5 EA versions and let them trade with the recommended EU and GU sets on different accounts with outstanding results. Currently I have all in all 6 EAs from the Smart Forex Lab and all of them are excellent.

    gullyho
    59
    gullyho 2020.11.23 02:37 
     

    Awesome EA with excellent support. The EA may not be for the faint hearted but for those who can stand the large fluctuation in equity while the trade is underway, will be rewarded handsomely in closed profit. Highly recommended EA and supervalue for money. Your investment will be pay for and more.

    PUI SIU GEOFFREY CHEN
    698
    PUI SIU GEOFFREY CHEN 2020.11.23 05:08 
     

    True Range series has a long history of success and is one of my main weapon in my portfolio. It has been working for me for many months with profit.

    ktyong
    68
    ktyong 2020.11.23 06:05 
     

    This EA is back by active support on telegram which is important for continuation of being profitable. Vendor will advice and recommend if it needs to turnoff during uncertainty period.

    Reply to review
    Version 1.1 2020.10.18
    Timeframe parameter deleted
    Stopped parameter added to stop a new cycle
    Default settings changed