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Steady Ranger EA

3

Backtest with set files from comments section (Last comment) with method open price only.

Watch video and Turn ON Subtitles when watching!

This EA contains Few stop out levels built in what makes it much safer than any other method! Never pay attention to the Stereotips. Any method can be risky if you use them without a Sense.

Steady Ranger EA is an advanced automated channel trading system with potential to find out hundreds of profitable set files according to the back tests. This EA is not for them who search for the fastest ways to make millions with a few hundred dollars in a few months, it is for them who search for long term working instruments for trading. If you write positive or negative reviews with a few days traded only, please don’t even test this EA, because you will never understand any tool in a few days, weeks or even months on Forex.

Steady Ranger EA was under development for the last 2 years, it is based on advanced study of each pair behavior. It contains two types of stop out levels: 1) stop loss in pips on each trade 2) stop out level in money on trade series “sum of loss” (In case of reaching “sum of loss” number, all trades are closed at the same time). Safety is first!

EA follows the channel, enters trades on the entry signals (extreme edge of the channel) and exits them on exit signal (exit signal sometimes can be entry signal for the next position but not always). Until the exit signal is reached it can close trades with stop loss in pips (if it is reached), or with sum of loss option (if it is reached).  EA opens a lot of trades.

I know traders mostly don't like closing trades in minus but if trades go in minus, waiting and praying is not the solution, god will not turn the trend to your direction!

EA uses a Lot redistribution system. (If you think that it is risky, any money management type can be risky if you use them without sense). EA uses start lot and max lot options, in case of reaching “max lot” number,  it will enter with the starter lot next if more entry signals appear. It is a fixed cycle to keep the account safe. Safety is first!

EA has multi timeframe filters built in to avoid falling in sharp one side market movement situations, it does not enter new trades in such conditions. If such situations happen instantly, it goes out with stop loss, or sum of loss options.

Back tests are done with usage of both stop out types same time (in pips and in “sum of loss” options)

EA is built with strict control of bar opening, so back tests are done with method “open prices only”, all tick method testing will be slow, so use “open price only” method when testing.

Recommended brokers: IC markets (raw spread account); AAAFX; and any low spread broker.

Recommended leverage: 1:100 and higher

Recommended minimum account size: 2 000 $ to use ea with minimal entry lots and stay safe.

Recommended pairs: EUR/CHF (M5) for default settings; set fails for AUD/NZD (M5), AUD/CAD (M5) CHF/JPY (M5) and EUR/CHF (M30) you can download from Comments section . These pairs are well tested at the moment and show best results as you can see on screenshots, you can download EA and test them with current set files as well or to find out other pair set files maybe. Backtests are done with 6 pips spread (for M5 sets) because AAAFX and IC markets suggest such spreads on these pairs. EUR/CHF M30 set file you can test with current size spread with any broker. THis EA passes Forward testing and thats most important because most EA's does not pass it.

Default settings are chosen for 25 000 account size, according to this you should proportionally to your account size change the next parameters: Trading lot; Max Lot Size and Sum of Loss parameters only. All of them proportionally! thats important.

Check the screenshots and good luck in trading. Contact me any time in case of questions! This EA will be improved further and new versions uploaded.




Reviews 2
Robert
629
Robert 2021.05.19 14:19 
 

I bought this EA over a week ago and I have liked the flexibility created within the EA. Davit again has done a wonderful job creating a tool that creates an edge for trading. If you have low spreads this would be an EA for you. I give this EA a 5 star review.

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Davit Beridze
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RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informative. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. I Made RSI line Dynamic, it gets more flexible
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5 (1)
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MA Speedometer MT5
Davit Beridze
5 (3)
Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90. above 30 degrees is the buying area, below -30 degrees is the selling area. abo
Indicator shows buy/sell arrows depending on volatility factor. Indicator does not repaint! It works on any pair and any timeframe. It is well tested through strategy builders and shows quite interesting results as a good filter indicator and as independent signaler as well (check the screenshots). It is possible to search for a lot of interesting parameters for profitable trading, some of which are shown on the screenshots. There are next inputs in indicator settings: N-volatility period; Level
RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informativity. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. To make yourself sure check out the screens
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jaewon yang
222
jaewon yang 2024.02.20 04:37 
 

This is terrible ea, The reviews are fake worst EA ever seen, its just gambling and can lightly blow your account. Seller want to force you to pay usd 200 for the settings that it will work better and please aware of the scammer from the group chat.Everything you've read about the performance of this bot is an outright lie. If you value money, avoid it like the plague.

Don't even think about buying this bot

Davit Beridze
7741
Reply from developer Davit Beridze 2024.02.27 02:11
This user does not try to understand Ea, buy it without testing, he was aware before buying that set files need to be reoptimized on different brokers because of difference between tick volume data of different brokers. Generating set files takes 3-4 days, If buyer wish to spend my Time to adjust Ea on their broker, Yes I do that for extra coast. And finally, he used Ea only for Few days. :) Steady Ranger is not Ea that makes anyone direct profit and millionaire in a few days. Steady Ranger is limited Martingale and blowing account with it is not possible, Worst what you can get with it is to catch working process stop loss. Soon I will start Monitoring Steady Ranger Ea trades, so any current or future user will see it's possibilities Live. Few days usage never indicates about profitability of any system. Thanks.
Robert
629
Robert 2021.05.19 14:19 
 

I bought this EA over a week ago and I have liked the flexibility created within the EA. Davit again has done a wonderful job creating a tool that creates an edge for trading. If you have low spreads this would be an EA for you. I give this EA a 5 star review.

Davit Beridze
7741
Reply from developer Davit Beridze 2021.05.19 14:21
Thanks Robert :)
Reply to review
Version 2.1 2024.01.13
Fixed problem.
Version 2.0 2024.01.12
few more filters added, improved exacution.
Version 1.9 2021.04.25
Default setting change to the better one
Version 1.8 2021.04.23
Bug Fixed