True Range Pro

3.8

Accurate Night Scalping & Smart Grid System

True Range Pro enters the market in the night session using indicators modified on the basis of machine learning to open a position. Dynamic order grid can be applied when price moves against open positions. The special Active Order option significantly increases performance when the number of open positions increases. Trailing Stop and Drawdown Stop options can be applied for additional account protection

Depending on the position volume, True Range Engine can provide both stable and low-risk performance as well as ultra-high performance.


Features

100% automated trades
Hard stoploss for every position
Dynamic basket takeprofit
High spread protection
Fixed & Auto volume
Arithmetic/Geometric Volume Progression
Trailing stop
Active Order
Drawdown Stop
Backtested in 2000-2023 (every tick, 100% history quality)
Optimized for 2010-2023 

    Guidelines

    Time: GMT+3 / GMT+2 (summer / winter)
    Leverage: 1:100+
    ECN account
    $1000 per 0.01l
    EURUSD, M5 default
    ! v6.10 and above is not compatible with previous versions !

    Links

    True Range Pro MT5
    Products
    Signals
    Telegram @smartforexlab


        Inputs

        --- Common ---

        Magic
        Comment
        Positions Direction Max, pos
        Volume Position Max, lot
        Spread Max, point
        Direction (Long/Short/LongShort)

        DIR_LONG
        DIR_SHORT
        DIR_LONGSHORT

        Timeframe In (to open positions)
        Action Type (Tick/Bar)

        ACT_TYPE_TICK (new tick)
        ACT_TYPE_BAR (new bar)

        --- Time ---

        Time On (for first position only)
        Time Off (for first position only)

        --- Volume ---

        Type (Fixed/Relative)

        VOL_TYPE_FIXED (fixed volume - Volume Fixed Value)
        VOL_TYPE_RELATIVE (relative volume - Balance/VolumeRelativeValue*VolumeFixedValue)

        Fixed Value, lot (Fixed:lot=FixedValue)
        Relative Value, $ (Relative:lot=Balance/RelValue*FixValue)
        Progression Type (Arithmetic:lot=last+PrgValue/Geometric:lot=last*PrgValue)

        PRG_TYPE_ARITH

        PRG_TYPE_GEO

        Progression Value (0-unused)

        --- Levels ---

        Basket Takeprofit, point (0-unused)
        Basket Takeprofit2 Position, pos
        Basket Takeprofit2, point (0-unused)
        Position Stoploss, point (0-unused)
        Grid Back, point (0-unused)

        ---- Pattern ---

        RSI Period, bar
        RSI High Level
        ATR Period, bar
        ATR Counter, bar
        ATR Factor, % 

        --- Trailing ---

        Breakeven Start, point (0-unused)
        Trailing Start, point (0-unused)
        Trailing Distance, point

        --- Active Position ---

        Active Position, pos (0-unused)
        Active Takeprofit, point

        --- Overlap ---

        Overlap Position, pos (0-unused)
        Overlap Value, % of position profit

        --- Equity Stop ---

        Type (Fixed:$ of balance/Relative:% of balance)

        FIXED
        RELATIVE

        Value (0-unused,>0-profit control,<0-loss control)

        --- Display ---

        Trades (none/metatrader/ea)

        DISP_NONE
        DISP_MT
        DISP_EA

        Color Buy ( clrNone-unused )
        Color Sell ( clrNone-unused )

        리뷰 12
        nyer15
        44
        nyer15 2024.01.03 03:14 

        I have older version and the latest version of True Range Pro on my different MT4. Would the older version still work as usual? or an update to the latest one is necessary?

        Trade2222
        1322
        Trade2222 2022.01.14 16:45 

        No trade since install EA, when its Trade, write a new comment..

        edit

        it does not act every day.

        at the moment it does what it is supposed to.

        Thanks

        ktyong
        162
        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.

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        Farell Edson Mazarin
        Quantum Nexus 는 정량 분석, 다단계 검증, 추세 추종 알고리즘, 포지션 추적 메커니즘 및 통계 모니터링을 하나의 통합 자동매매 시스템에 결합한 혁신적인 Expert Advisor입니다. 이 제품을 구현하기 위해 수십 년의 개발 경험과 1년의 준비 기간을 투입하여 Quant v5를 개발했습니다. Quant v5는 전략의 통계적 우위를 수학적으로 입증하기 위한 지속적인 롤링 OOS 테스트를 갖춘 헤지펀드 수준의 정량 분석 도구입니다. 가격 정책 초기 고객을 위한 30% 한정 할인은 2026년 7월 31일부터 9월 16일까지 제공됩니다. 가격은 10회 구매마다 100 USD씩 인상됩니다. 가격 인상은 영구적으로 적용됩니다. 최종 가격: 30 000 USD. 결과 실거래에서 높은 위험과 ULTRA 모드를 적용한 Quantum Nexus는 현재 250% 이상의 수익을 보이고 있습니다. 추가 실거래 계정에서는 보통 위험과 MEDIUM 모드로 현재 30% 이상의 결과를 기록하고 있
        Short description Automated Gold expert advisor for MetaTrader 4 with Auto mode that switches between trend and reversal logic, volatility breakout entries, pending stop orders, a trailing stop and a live dashboard. Full description Adaptive XAUUSD Hedgefund EA for MetaTrader 4 trades Gold (XAUUSD) on the M1 timeframe. It waits for a volatility expansion, places a pending stop order, and protects the trade with a trailing stop. In the default Auto mode, the EA reads the market and chooses betwee
        Scalping Index Pro is a   professional trading system   designed specifically for fast and precise scalping on   US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability   trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic tra
        Exotic Adv
        Ivan Simonika
        Exotic Bot   is a multi -cream multifunctional adviser working on any time frame and in any market conditions. The robot’s work is taken as a system of averaging with the non -geometric progression of the construction of a trading grid. Built -in protection systems: special filters, spreading, internal restriction of trading time. Building a trading grid, taking into account important internal levels. The ability to configure trading aggressiveness. Work postponed orders with trailing orders. T
        Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience.   With proper brokerage conditions and sufficient running time, this fully automated scalp
        Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
        Exorcist Projects
        Ivan Simonika
        3 (1)
        Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
        제작자의 제품 더 보기
        True Turbo MT4
        Smart Forex Lab.
        4 (4)
        Turbo performance comes first. Attention! The phrases machine learning, neural networks, AI, GPT, ... and other buzzwords are not used in the desccription and operation of the EA. Just catching overbought/oversold in the Asian session using the grid, human brain, experience and a lot of backtests.  True Turbo uses a grid of orders with preset stop loss and take profit settings, which allows traders to capture market movements and manage risks. This helps traders capitalize on market trends wi
        True Range Pro MT5
        Smart Forex Lab.
        5 (10)
        Accurate Night Scalping & Smart Grid System The True Range Pro EA is a fully automated expert advisor that trades at night and exploits price reversion. The EA trades using limit orders with stop loss and take profit. This EA works best on EURUSD. The True Range Pro is designed to work on the MetaTrader 4/5 platform. It is easy to install and comes with detailed instructions on how to set it up. The EA is optimized for use on the M5 timeframe and can be used on any broker that offers the MetaT
        True Turbo MT5
        Smart Forex Lab.
        Turbo performance comes first. Attention! The phrases machine learning, neural networks, AI, GPT, ... and other buzzwords are not used in the desccription and operation of the EA. Just catching overbought/oversold in the Asian session using the grid, human brain, experience and a lot of backtests.  True Turbo uses a grid of orders with preset stop loss and take profit settings, which allows traders to capture market movements and manage risks. This helps traders capitalize on market trends wi
        필터:
        Kendran Dwijo Santoso
        255
        Kendran Dwijo Santoso 2024.12.10 23:01 

        Big scammer..

        nyer15
        44
        nyer15 2024.01.03 03:14 

        I have older version and the latest version of True Range Pro on my different MT4. Would the older version still work as usual? or an update to the latest one is necessary?

        mt4_jupo
        1787
        mt4_jupo 2023.08.25 09:42 

        사용자가 평가에 대한 코멘트를 남기지 않았습니다

        newcm
        222
        newcm 2022.05.03 12:37 

        Very very very bad ea

        CashTrader
        1258
        CashTrader 2022.03.05 09:48 

        Ich habe den EA zum Testen für einen Monat gemietet. Auf meinem 12.000€ Konto gab es in 3 Tagen Gewinne in Höhe von 54€ und offene Positionen mit 1306€ Verlust. Bisher kann ich dafür noch nicht einmal einen Stern geben. :-O

        Update 30.03.2022:

        Den anfänglichen Drawdown habe ich ausgehalten. Zum Glück! Nach einem Monat stehen 13,3% Plus auf dem Konto. Davon habe ich den EA gekauft. :-)

        Update 29.04.2022:

        Nach dem Preisverfall bei EURUSD und GBPUSD hat sich mein Konto leider halbiert. Nachdem tagelang Positionen durch SL mit 3- bis 4-stelligen Verlusten geschlossen wurden, habe ich den EA deaktiviert. Das Ergebnis ist mit -50% leider noch katastrophaler als das Monitoring des EA-Anbieters (https://www.mql5.com/en/signals/721761).

        Trade2222
        1322
        Trade2222 2022.01.14 16:45 

        No trade since install EA, when its Trade, write a new comment..

        edit

        it does not act every day.

        at the moment it does what it is supposed to.

        Thanks

        amado33311
        118
        amado33311 2021.09.04 21:39 

        very risky , it blew half of my account and i interfered manually to close the losing positions , because i asked for advice here and on telegram and nobody answered me

        ktyong
        162
        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
        2290
        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
        266
        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.

        Eduard Mushkatin
        1925
        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.

        Paul
        312
        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.
        14978
        개발자의 답변 Aleksei Ostroborodov 2020.11.11 12:55
        Thanks, Paul
        리뷰 답변