Range Breakout Day Trader

5

Introducing the Range Breakout Day Trader. This Expert Advisor only trades during the day (European time). This EA uses proven strategies and doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA shows that safe and reliable automated trading systems don't need to cost that 


Price: 179.00 USD

Prop Firm Ready


For the manual and set-files: Click here

This carefully crafted Expert Advisor opens one position every day after a range has been set between 1:00 and 6:50 AM (GMT/UTC+2) on the USDJPY currency pair.

Because it only opens one position with a stop loss and closes automatically at the end of the day (so you  also avoid swap costs), it's a very safe EA. You can even set up an extra safeguard by setting up the maximum allowed equity drawdown.

After the breakout of the range (which will happen after 6:50 AM) a carefully optimized trailing stop will start after a certain amount of profit has been reached.

At 19:55 PM the position will be closed which will then also avoid any swap costs for open positions during the night.

An integrated trend filter will increase the probability of opening the position in the right direction of the range breakout.

There will be also situations that the profit can increase further. For those situations the EA has a build-in alert option (by notification or email) to send a warning if the price reaches a certain amount of profit early, so that you can temporarily switch of the take profit level and let the profits increase further. This can be done in situations when for example the profit already increases quickly after opening a position and trend indicators on a higher time frame show that the trend will probably continue.

But be aware that these situations where the price continues to move in one direction during the day don't happen a lot. And switching off the default settings of the EA and combining manual trading can involve extra risks.


Prop Firm Ready

The LOW RISK and EXTRA LOW RISK settings of this EA are suitable for prop firm challenges. 


Recommendations:

  • Currency pair: USDJPY, GBPUSD, BTCUSD
  • Timeframe: M5
  • Minimum deposit : $100
  • Account type: ECN, Raw or Razor with very low spreads
  • It is important to use low spread accounts for best results
  • Use VPS to keep EA running 24/7
  • Leverage 1:500 (if using medium or high risk settings)
Specifications:
  • No Grid or Martingale system
  • Every trade is protected with a Stop Loss
  • Extra protection possible by setting up the max. equity drawdown
  • Entry strategy incorporates a daily range breakout with a trend filter
  • Exit strategy incorporates a trailing stop using ATR values
  • Option to choose risk based lot size or fixed lot size
  • Option to send notification/email alert at predefined profit percentage
  • Default settings are already fine for most brokers that use a GMT/UTC+2 with DST server time. If your broker has a different server time, time setting adjustments need to be done
Comentários 3
Summ Top
1802
Summ Top 2024.09.07 10:41 
 

Good EA ! Thanks ! Using it in my portfolio of EA's, highly recommend!

Eddie
285
Eddie 2024.07.01 12:40 
 

The Author is very supportive, helpful and excellent customer support. I contacted him for assistance with the EA set up, and Author,s response was quick, very patient and helped resolved my query. Massive thanks to the author.The EA is brilliant and doing exactly as described.

gregor_h
1744
gregor_h 2025.02.19 09:01 
 

The author has been incredibly accessible and willing to help with any questions I have had. His responsiveness is truly commendable! As for the performance, it's still too early for me to provide a comprehensive assessment. However, I look forward to evaluating its effectiveness as I gather more data over time. Overall, I'm optimistic about my experience so far.

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Gold Neural Core — Hyper-Scalping Grid System for XAUUSD Limited-Time Offer: Buy Gold Neural Core, Get Any Other EA Free — For Life For a limited time, every purchase of Gold Neural Core includes a lifetime license to any other EA in my MQL5 Market lineup — your choice, no strings attached. Learn how I personally manage risk when using grid systems:  https://www.mql5.com/en/blogs/post/767250 Join my open group for questions related to any of my products:  https://www.mql5.com/en/messages/014beab
Quantum Athena X
Bogdan Ion Puscasu
Controle mais inteligente. Precisão refinada. Bem-vindo ao Quantum Athena X — a próxima geração do sistema de negociação de OURO focado, que se baseia na precisão, eficiência e execução disciplinada do Quantum Athena. O Quantum Athena X foi desenvolvido com base no mesmo mecanismo central simplificado e nas mesmas 6 estratégias cuidadosamente selecionadas do Quantum Athena. Cada estratégia foi refinada e otimizada individualmente para as condições atuais do mercado de OURO, enquanto o novo e
Pulse Engine
Jimmy Peter Eriksson
3.94 (34)
ATUALIZAÇÃO - RESTAM POUCAS EXEMPLARES AO PREÇO ATUAL! O principal objetivo deste sistema é o desempenho em tempo real a longo prazo sem o uso de sistemas de martingala ou grid que apresentem riscos.  CÓPIAS MUITO LIMITADAS AO PREÇO ATUAL Preço final: US$ 1499 [Sinal ao vivo]    |    [Resultados do backtest]    |    [Guia de configuração]    |    [Resultados do FTMO] Uma abordagem diferente para negociar O Pulse Engine não utiliza indicadores nem períodos de tempo específicos. Possui uma aborda
SixtyNine EA
Farzad Saadatinia
5 (3)
SixtyNine EA – Um Expert Advisor de Ouro para MetaTrader 5, com 6 camadas de estratégia integradas, Stop Loss predefinido em cada operação e uma estrutura de negociação limpa, sem Martingale, sistemas de Recovery ou Grid Trading. Sinal Live Público: Início com $500, Lote Fixo 0.02, Crescimento de 500%+, 20 Semanas ao Vivo O sinal live público é a principal prova de desempenho do SixtyNine EA . A conta começou com um saldo de $500 , utilizando um lote fixo de 0.02 por operação , e está ativa há
Quantum Emperor MT5
Bogdan Ion Puscasu
4.86 (507)
Apresentando       Quantum Emperor EA   , o consultor especialista inovador em MQL5 que está transformando a maneira como você negocia o prestigiado par GBPUSD! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Compre Quantum Emperor EA e você poderá obter  Quantum StarMan   de graça!*** Peça mais detalhes em particular
Impulse MT5
Simon Reeves
5 (13)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
XG Gold Robot MT5
MQL TOOLS SL
4.3 (111)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
Nine Engine EA MT5
Huu Hai Anh Nguyen
4.55 (11)
Nine Engine EA MT5 LIMITED TIME OFFER AT $199$ Price will go up at  $ 299 on July 31st! LIVE SIGNAL Verified live trading results can be monitored through the public signal below:  https://www.mql5.com/en/signals/2376812 Nine Engine EA MQL5 Community:  https://www.mql5.com/en/messages/03632dbed818dd01 The live signal allows you to observe how the system performs under real market conditions using actual market data and execution. Please note that results may vary depending on broker conditi
Chiroptera
Rob Josephus Maria Janssen
4.62 (45)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
Wave Rider EA MT5
Adam Hrncir
4.88 (43)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, Blackbull, Fusion,
Fantastic 4 Four-in-One Trading System Introduction Fantastic 4 is an automated trading EA integrating four mutually independent quantitative trading logics targeting XAUUSD. After long-term research, iterative optimization, historical backtesting and live market verification, each built-in strategy has exclusive entry rules, independent order management and customized risk control modules. All strategies run separately without mutual interference. The combination of four strategies with low cor
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This script exports the economic calendar from MT5 as a .csv-file into the common directory of the terminal (...\Terminal\Common\Files). The generated file news.csv is necessary for using the news filter in back testing the Range Breakout Day Trader EA. Input parameters: Currency symbol 1-9: Country currency symbol from which the news will be exported Date from: Start date from which the calendar data will be exported Date to: End date to which the calendar data will be exported News data: Incl
FREE
Introducing the Range Breakout Day Trader. This Expert Advisor only trades during the day (European time). This EA uses proven strategies and doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA shows that safe and reliable automated trading systems don't need to cost that much. Price: 179.00 USD Prop Firm Ready For the manual and set-files:  Click here This carefully crafted Expert Advisor opens one position every day after a range has been set between 1:00 and 6:50 AM (
4 advisors for the price of one     Introducing the News Day Trader. This Expert Advisor trades on economical news releases. This EA can use four different strategies for trading news releases. It doesn't use high risk Grid, Hedge or Martingale recovery strategies. This EA works even better when used in combination with the Range Breakout Day Trader , which will optimize the amounts of trades made per day. Price:  179.00 USD !  (44.75 USD per EA strategy) This thoroughly tested Expert Advisor o
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gregor_h
1744
gregor_h 2025.02.19 09:01 
 

The author has been incredibly accessible and willing to help with any questions I have had. His responsiveness is truly commendable! As for the performance, it's still too early for me to provide a comprehensive assessment. However, I look forward to evaluating its effectiveness as I gather more data over time. Overall, I'm optimistic about my experience so far.

Summ Top
1802
Summ Top 2024.09.07 10:41 
 

Good EA ! Thanks ! Using it in my portfolio of EA's, highly recommend!

Eddie
285
Eddie 2024.07.01 12:40 
 

The Author is very supportive, helpful and excellent customer support. I contacted him for assistance with the EA set up, and Author,s response was quick, very patient and helped resolved my query. Massive thanks to the author.The EA is brilliant and doing exactly as described.

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