New Range Dynamics EURJPY
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EURJPY Range Dynamics
EURJPY Range Dynamics is a session range breakout Expert Advisor built for EURJPY. It trades the breakout of the Tokyo morning range, but only when both legs of the pair agree, and it closes every open trade at a fixed hour. No grid, no martingale, no averaging. One position at a time, with a fixed stop loss and a fixed risk per trade.
HOW IT WORKS
1. Range. The EA measures the high and low of the Tokyo morning window, by default 02:00 to 05:30 broker server time.
2. Breakout. A trade is prepared only when a bar closes outside that range on the entry timeframe. A wick through the level is not enough.
3. Basket confirmation. EURJPY is made of two legs: the euro and the yen. Before entering, the EA checks EURUSD and USDJPY. A EURJPY buy needs a rising EURUSD (strong euro) and a rising USDJPY (weak yen). The move of both is measured in ATR units, so the filter adapts to volatility.
4. Time exit. Any trade that is still open at 12:00 server time is closed. The EA does not carry the position into the European and US afternoon.
5. Risk. Stop loss from the volatility of the pair, limited to a share of the range. Take profit as a multiple of the stop. Fixed money risk per trade.
WHY THE TIME EXIT
In our tests the breakout of the Tokyo range did its work within a few hours. Holding the position longer added losses, not profit. The largest decline of the balance grew step by step with a later exit: about 410 USD with an exit at 10:00, 500 USD at 12:00, 700 USD at 14:00 and more than 1,000 USD at 16:00 or later. Closing at noon also lifted the win rate from 34 % to 52 %.
BACKTEST RESULTS
EURJPY, M15, real ticks, January 2024 to October 2026. Deposit 10,000 USD, fixed risk 50 USD per trade (0.5 %), default settings.
Year Trades Net USD Win rate Profit factor Loss streak
2024 147 +477 49.7 % 1.17 6
2025 134 +1,220 55.2 % 1.58 6
2026 (to Oct) 101 +632 49.5 % 1.33 7
Total 382 +2,329 51.6 % 1.34 7
Largest decline of the closed balance: 501 USD (about 5 % of the deposit).
Largest equity drawdown inside a single year: 5.1 %.
Please read these numbers correctly. About one trade in two wins. Around 63 % of all trades end at the time exit, 30 % at the stop loss and 7 % at the take profit. The average winner was 47 USD and the average loser 36 USD at 50 USD risk. The edge is small and steady, not spectacular. Series of 6 to 7 losing trades in a row occurred in every test year. 2024 was the weakest year.
ROBUSTNESS
The default values were not picked as a single best result. Neighbouring settings were tested as well and stayed profitable in the three-year test: range start 01:45 to 02:30, range length 195 to 240 minutes, exit hour 11:00 to 13:00, basket threshold 0.1 to 0.3 and without basket. A range start at 01:30 or a range of 180 minutes was clearly weaker, so these values should not be used.
FEATURES
- Session range with free start time and length
- Entry on bar close outside the range, entry timeframe selectable
- Basket confirmation with up to three symbols, each one set to "same direction" or "inverse", threshold in ATR
- Time exit at a fixed hour and optional maximum holding time
- Stop loss by ATR, limited to a minimum and maximum share of the range
- Take profit as risk/reward multiple
- Fixed money risk per trade or risk in percent
- Daily trade limit
- Volume, stop distance and free margin are checked before every order
- Optional partial close, break-even, ATR trailing stop and trend filter
- Every extension can be switched on and off separately
REQUIREMENTS
- Symbol: EURJPY
- Timeframe: M15
- The comparison symbols EURUSD and USDJPY must be available at your broker. If they carry a suffix, enter the full symbol names in the inputs.
- Broker server time GMT+2 in winter and GMT+3 in summer (the usual setting of most forex brokers). With another server time the range start and the exit hour must be shifted by the difference.
- Account type: hedging or netting. The EA holds one position at a time.
- A broker with low EURJPY spread and a VPS are recommended.
PROP FIRM USE
The EA works with a fixed stop loss, a fixed risk per trade, one trade per day and no overnight positions. Daily and total loss limits of an evaluation account can be planned in advance. It does not guarantee passing an evaluation.
RISK NOTICE
All figures are backtest results on historical tick data of one broker. Results with other brokers will differ. Past results do not guarantee future results. Test the EA on a demo account with your own broker first and risk only money you can afford to lose.
