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True Range Pro MT5

5

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 MetaTrader 4/5 platform.
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.
True Range Pro uses advanced algorithms and market analysis tools to optimize trading parameters and provide efficient trading decisions. It constantly monitors and adjusts settings in real-time, ensuring that the bot remains profitable in any market condition.
Whether you’re a seasoned trader or just starting out, EA can be a valuable asset. With its unique grid trading strategy and risk management capabilities, it ensures consistent returns while minimizing the risk of losses.
Depending on the position volume, True Range Pro 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 MT4
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 13
Andy L
478
Andy L 2023.06.29 12:14 
 

Amazing EA! Highly recommended.

Matthieux
26
Matthieux 2022.07.11 22:38 
 

Good results and pretty safe !

William Tiberius Patrice Schulz
747
William Tiberius Patrice Schulz 2022.01.02 01:46 
 

Solid results. Longterm trend/reliability on zulu speaks for itself. Needs room for drawdown.

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Yu Mei Cheng
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Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
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Stanislav Tomilov
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Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
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4.8 (20)
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Chen Jia Qi
5 (3)
Deep learning is reshaping gold trading, with intelligent assistants tending to trading gardens like skilled gardeners. The "Gold Garden" EA employs deep learning intelligent technology and 20 years of data training to significantly enhance strategy performance. With it, trading becomes more effortless and intelligent. Let's join hands to usher in the intelligent era and transform trading into a blissful garden. This will be your exclusive Gold Garden Steward. The MT4 version: Gold Garden MT4
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Marzena Maria Szmit
4.56 (18)
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
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Aleksandr Chebotaev
5 (5)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Babak Alamdar
4.5 (4)
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Lo Thi Mai Loan
5 (3)
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Ho Tuan Thang
4.93 (57)
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4.54 (68)
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Stanislav Tomilov
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Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and and advanced technologies in neural networks, EA is capable of analyzing historical and current
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Stanislav Tomilov
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Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
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Lo Thi Mai Loan
5 (5)
런칭 프로모션: 30% 할인! 현재 가격으로 구입할 수 있는 판매가 3개만 남았습니다. 다음 가격: $1033 무료로 US30 Scalper EA와 Quantum Algo EA를 받으세요 -> 구매 후 저에게 연락하세요 Live signal:  https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT4:  https://www.mql5.com/en/market/product/116012?source=Site+Market+Product+Page Prop Challenge 트레이드 히스토리: https://www.mql5.com/en/blogs/post/757093 자주 묻는 질문: https://www.mql5.com/en/blogs/post/75
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
X Code G
Shintaseftiana
4.18 (17)
ONLY 1 COPIES LEFT AT CURRENT PRICE! , NEXT PRICE  1199 USD,    SO COME ON HURRY UP !! Introducing eXecute-Code (X-CODE) EA - the ultimate Expert Advisor that's out of this world!, X-Code G EA base on Algorithm Levels of Trading.  Live Signal M5     |   Live Signal M1  |     Channel     |    MySetfile_1.5 I design X-Code G EA for XAUUSD/GOLD pair Why should you choose and use X-CODE EA in Trading? X-CODE EA will give you a pleasant trading experience because in X-CODE EA reliable algorit
Dragon Multi EA MT5
Mansour Babasafary
4.4 (40)
77% discount for the next 10 buyers (original price $3000): 1 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. 3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can
CyberVision EA
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CyberVision EA is a technology I developed during my undergraduate studies. CyberVision EA is not just an advisor, it is a high-speed computing machine that can generate historical data. CyberVision EA is not just an EA, it is a high-speed computing machine that works with recurrent neural network (RNN) and generative adversarial network (GAN), and my EA also uses data quantization. Live Signal High:  https://www.mql5.com/ru/signals/2221931 Live Signal:  https://www.mql5.com/en/signals/2218278 C
DOW King
Anton Kondratev
3.67 (3)
DOW KING EA   I   는       모든 개방형 최적화 매개변수와   복구 메커니즘을 갖춘 완전 자동 액세스 가능 시스템. Only 6 Copies of 10 Left  for 445 $ Next Price 999 $   DOW 킹 가이드 신호 커미션 브로커 환불 업데이트 내 블로그 Not        Grid       , Not        Martingale       , Not         AI         , Not         Neural Network. Default Settings for One chart        US30 M15 각 포지션에는 항상       고정 SL 및 TP       그리고       가상       거래 이익 추적(VDPT)   .     현재 기본 설정은 2020년 12월부터 오늘까지 모든 실제 MT5 견적을 고려하여 최적화되었습니다. ICM RAW 시스템       선택적으로 위치를 복원합니다.       거래 수
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Gold Excel MT5
Gregory Hay
4.6 (15)
에 오신 것을 환영합니다       GoldExcel EA MT5 버전   , 당일 XAUUSD(GOLD) 통화쌍에 대한 유효한 거래입니다. 일반 계정, 후원 계정 및 작업을 처리하도록 우리 팀에서 설계했습니다. 고주파 거래를 사용하지 마십시오. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller 초기 가격은 몇 주마다 인상됩니다. Trading PERFORMANCE Accounts (over 6+ months verified live trading) on 2 brokers Live $1K Start Now $19.5K (Risk Setup 5 -3 -15) :  https://www.mql5.com/en/signals/2133201 Live ICMarkets Account    (Risk Setup 5 -3 -15)   :  https://www.mql5.com/en/signals/21331
Dark Algo MT5
Marco Solito
5 (41)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
AI NeuroX EA
Denis Kurnev
4.53 (15)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal |   Setfile  | MT4 version | Backtest Report  | Broker Spread Comparison SET UP Symbol :   BTCUSD/BITCOIN
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Smart Forex Lab.
4.08 (12)
Traffic Pro EA analizes market conditions during the quiet Asian session and opens the trades after the price goes out of range. To protect the funds DD Stop system can be used. Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Optimized  & Backtested in 2010-2023 (every tick, 100% history quality) Guidelines Time: GMT+3 / GMT+2 (summer / winter) Leverage: 1:100+ ECN account Min deposit: $400 for defau
True Range Pro
Smart Forex Lab.
4.11 (9)
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 Rang
FX Rover P MT4
Smart Forex Lab.
Non-indicator Range Trading System New edition of FX Rover advisor - improved perfomance, updated software engine and inputs. Optimized & backtesed on real ticks with 99% quality in 2010-2022, сompatible with EURUSD, EURJPY, CADCHF, AUDNZD, AUDCHF, AUDJPY, AUDCAD. FX Rover P EA  trades pending orders from the borders of the calculated range. The grid of orders is activated if necessary. Features Indicatorless 100% automated Stoploss for every position (optional) Drawdown stop to prevent a
True Range Engine MT4
Smart Forex Lab.
5 (2)
Powerful Night Scalping & Smart Grid System Optimized & backtested in 2010-2023 |  Actual trading history since 2019 True Range Engine 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. Depending on the position volume, True Range Engine ca
Ultimate Hero MT4
Smart Forex Lab.
5 (1)
Built for maximum performance. Optimized for profit withdrawals. Introducing a new option - testing with emulation of profit withdrawals. Ultimate Hero is an advanced trading tool designed to maximize your forex profits. This advanced trading software is created using the latest GPT-4 technology and has a wide range of advanced features. Ultimate Hero is a trading bot that uses a grid trading strategy based on the Martingale system. It is designed to provide stable returns by placing multiple t
Absolute Engine MT4
Smart Forex Lab.
5 (1)
Intelligent forex trading solution Get up to 70% off your second (third, fourth, etc.) purchase from our   Market . Details in PM. Absolute Engine is an advanced forex trading tool designed to provide stable and reliable trading with maximum deposit protection. Powered by cutting-edge artificial intelligence (AI) technology, it utilizes an intelligent grid trading system that offers unique options for optimizing profitability. Adaptive stop-loss and take-profit levels ensure that profits a
FX Rover P MT5
Smart Forex Lab.
2 (1)
Non-indicator Range Trading System New edition of FX Rover advisor - improved perfomance, updated software engine and inputs. Optimized & backtesed on real ticks with 99% quality in 2010-2022, сompatible with EURUSD, EURJPY, CADCHF, AUDNZD, AUDCHF, AUDJPY, AUDCAD. FX Rover P EA trades pending orders from the borders of the calculated range. The grid of orders is activated if necessary. Features Indicatorless 100% automated Stoploss for every position (optional) Drawdown stop Fixed & Re
True Turbo MT5
Smart Forex Lab.
5 (1)
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
True Range Engine MT5
Smart Forex Lab.
5 (1)
Powerful Night Scalping & Smart Grid System Optimized & backtested in 2010-2023 |  Actual trading history since 2019 True Range Engine 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. Depending on the position volume, True Range Engine ca
Ultimate Hero MT5
Smart Forex Lab.
Built for maximum performance. Optimized for profit withdrawals. Introducing a new option - testing with emulation of profit withdrawals. Ultimate Hero is an advanced trading tool designed to maximize your forex profits. This advanced trading software is created using the latest GPT-4 technology and has a wide range of advanced features. Ultimate Hero is a trading bot that uses a grid trading strategy based on the Martingale system. It is designed to provide stable returns by placing multiple
Intelligent forex trading solution Get up to 70% off your second (third, fourth, etc.) purchase from our   Market . Details in PM. Absolute Engine is an advanced forex trading tool designed to provide stable and reliable trading with maximum deposit protection. Powered by cutting-edge artificial intelligence (AI) technology, it utilizes an intelligent grid trading system that offers unique options for optimizing profitability. Adaptive stop-loss and take-profit levels ensure that profits
필터:
Andy L
478
Andy L 2023.06.29 12:14 
 

Amazing EA! Highly recommended.

Matthieux
26
Matthieux 2022.07.11 22:38 
 

Good results and pretty safe !

William Tiberius Patrice Schulz
747
William Tiberius Patrice Schulz 2022.01.02 01:46 
 

Solid results. Longterm trend/reliability on zulu speaks for itself. Needs room for drawdown.

JCJ
601
JCJ 2021.09.28 01:14 
 

사용자가 평가에 대한 코멘트를 남기지 않았습니다

Moises Riquelme Lucas
248
Moises Riquelme Lucas 2021.08.30 17:10 
 

30.08.21. tengo el EA dos semanas por ahora muy bien actualizaré mas adelante

Bernd Anton Taferl
165
Bernd Anton Taferl 2021.07.02 15:07 
 

bei mir funktioniert dieser Expert überhaupt nicht. Für mich rausgeschmissenes Geld

Smart Forex Lab.
15231
개발자의 답변 Aleksei Ostroborodov 2021.07.02 15:31
What does not work? There were no complaints yet
Kittisak Jenner
391
Kittisak Jenner 2021.06.20 09:51 
 

Been using it for a couple of months now. Very stable EA with low DD and around 5-ish percent profit each month.

topbaza02
136
topbaza02 2021.06.16 07:21 
 

23-25/06/2021 live account 5 star

Roman Moroshchuk
184
Roman Moroshchuk 2021.04.11 13:31 
 

Great advisor!!! I've been looking for one for a long time!!!

krassi2305
743
krassi2305 2020.11.25 09:14 
 

Top

Jean Jean
187
Jean Jean 2020.11.23 10:47 
 

I already was a True Range fan. Now Im even more happy with True range pro. The EA is super reliable, stable, and give me outstanding profit. Plus, smartforex lab uptade the strategy when necessary to adjust to actual market. I have ALL EAs from smart Forex lab!

PUI SIU GEOFFREY CHEN
1785
PUI SIU GEOFFREY CHEN 2020.11.23 05:10 
 

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.

Eduard Mushkatin
1853
Eduard Mushkatin 2020.11.23 02:32 
 

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.

리뷰 답변
버전 8.10 2024.01.15
Minor fixes
버전 8.0 2024.01.07
Major update.
+ Updated structure of input parameters
+ Updated visualisation of trades

!!! Settings are not compatible with previous versions !!!

Default settings are identical to version 6.30
버전 6.30 2023.10.18
+ FIFO compatibility
+ Arithmetic/geometric volume progression
+ Active order
+ Trailing stop
+ Overlap
+ Profit label
+ New settings
버전 6.10 2023.01.10
Major update
+ New software core
+ New settings
- FIFO
- Progression
- Active Order
- Active Stoploss
- Overlap
버전 4.10 2022.07.14
v4.1
+ ActiveOrder option - сlosing the recent position (starting from ActiveNumber) separately from the basket with the specified ActiveTakeprofit. The option provides a performance improvement of up to 30%.
+ New settings with account protection. The DDStop option limits the drawdown to 35%.
+ Minor improvements
버전 3.0 2021.08.12
US FIFO compatibility
Trailing stop
New settings
버전 2.10 2021.04.20
FIFO compability, new default settings

Input parameters
+FIFO compatible: FIFO compability
+Stopped: stopping a new cycle
-Timeframe (the current)
-Grid 2