Range Killer MT5

Range Killer MT5 — draw it, let it hunt.

Range Killer is a semi-automatic trading panel for MetaTrader 5. You mark the trade on the chart with three horizontal lines — Entry, Stop Loss and Take Profit — and the panel executes and manages it for you, exactly by your levels. Built for range and level traders who know where they want in and out, but don't want to sit and wait for it.

HOW IT WORKS
1. Press "+ New BUY group" or "+ New SELL group". Three lines appear on the chart.
2. Drag them to your levels. Direction is read from the lines: TP above Entry and SL below = BUY; the opposite = SELL.
3. Press Start. The group now watches the market:
- Retest entry: price must first cross the Entry line toward your Stop Loss, then come back to it. If price just runs straight through to your stop, no trade is opened.
- When TP is reached, a trailing stop starts (distance in R, default 0.1R) on the main part (TP %, default 80%); the rest is a runner whose stop moves to break-even with no target — let profits run.
- After an exit, the same group re-enters next time price comes back to Entry — as many times as you set (Runs, 0 = unlimited).
- When price hits the Stop Loss line, the group ends — or, if you allow more SL hits (default 1, 0 = never ends), it keeps waiting for the next retest until they are used up.

KEY FEATURES
- Several independent groups on the same chart, each with its own magic number, status line and buttons.
- Risk-based lot size: enter the money you want to risk; the lot is calculated from the SL distance (contract size and currency conversion included). If the result exceeds what your margin allows, it opens the maximum possible.
- Reward:Risk link (default 1:2): drag the SL line and the TP line follows.
- Break-even (per group checkbox): SL moves to entry when profit reaches 1R.
- Candle trail (per group checkbox): when TP is hit and the previous candle is within 1/2R of TP, the stop follows candle highs/lows and TP is pushed 1R further — let strong moves run.
- Consolidation boxes: one click marks consolidation ranges (N bars inside X × ATR) on the chart.
- Live spread display, labels at the right end of every line, version shown in the title.
- English and Chinese interface, follows your MT5 language automatically.
- State is saved: restart MT5 or change timeframe and every group continues where it was.

SAFETY BUILT IN
- Never opens without a stop loss; refuses entries where the SL is closer than the broker stop level.
- Checks trading sessions, Algo Trading permission, free margin, volume limits and freeze levels before sending any request.
- Moving the stop is one-way: it is only ever tightened, never loosened.
- Orders whose result is uncertain pause the group instead of retrying blindly.

REQUIREMENTS
- MetaTrader 5, hedging account recommended (netting accounts are supported with one position per symbol).
- Algo Trading enabled.
- Use one chart per symbol for the panel.

STRATEGY TESTER
In the tester the panel creates demo groups automatically (ATR-based lines, alternating BUY/SELL) so you can watch entries, trailing and re-entries in visual mode. Live use is fully manual: nothing is traded until you draw lines and press Start.

Full user guide and video are linked in the comments / product page.