Range Breakout Trader
- Эксперты
- Версия: 1.1
- Активации: 20
Range Breakout Trader is an Expert Advisor for MetaTrader 5. It builds a session range during a configurable time window, then trades continuation breakouts with pending orders outside that range.
The EA is designed for range breakout trading, not grid or recovery trading. Each trade uses a hard stop-loss and a fixed reward-to-risk target. Position size can be fixed or calculated from a risk percentage.
Main features:
- Session range construction
- Breakout continuation entry with pending orders
- Hard stop-loss on every trade
- Fixed reward-to-risk take profit
- Timeout and invalidation logic
- Single position at a time
- Fixed-lot or risk-percent position sizing
- Spread filter
- Optional break-even and trailing management
- No martingale, no grid, no averaging
Recommended starting use:
- Symbol: XAUUSD or your broker's gold symbol
- Chart timeframe: M15
- Verify broker server time before live use
- Risk per trade: 0.5% or lower for testing
- Use a demo account before live trading
Important risk notice:
This product does not guarantee profit. Backtests and forward tests do not guarantee future results. Range breakouts can fail during false-breakout, low-volatility or high-spread conditions. Session settings, broker server time, spread, execution speed and contract settings can materially change results. Users should test the EA in the Strategy Tester and adjust settings for their broker and account risk before enabling live trading.
Important inputs:
- InpSessionOpenHourUTC: session start hour in UTC
- InpRangeMinutes: range-building window length
- InpAutoDST: automatic daylight-saving adjustment
- InpTP_RR: reward-to-risk target
- InpBreakTimeoutBars: breakout timeout
- InpRiskPercent: risk percentage when risk-based sizing is enabled
- InpFixedLot: fixed lot when fixed sizing is used
- InpMaxSpreadPoints: spread filter
- InpMagic: magic number
