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Time Range Breakout EA MT5

  Time Range Breakout EA 

 

**Key Features:**

1. ** High Low Price Range:**   TRB records price ranges by measuring high and low prices within a user-defined time period(preferably first few opening hours), providing valuable insights into market volatility.  

2 . **Maximum and Minimum Price Range Limit:** TRB allows users to se

t both maximum and minimum price range limits, preventing the EA from executing trades if the recorded price range does not meet the value set by the users. This feature helps avoid entering trades during excessive price momentum or over-tight price ranges, reducing the risk of facing price reversals and significant losses.

3 . **Breakout Strategy:** Once the price range is recorded, TRB identifies trading opportunities when the current price breaks through the recorded high and low prices, executing trades with precision.

4 . ** Daily Customizable Duration:** Users can set the duration of trades based on their preferences   within a day from Monday-Friday , allowing flexibility   and hassle-free for day traders. It is very suitable to be placed on VPS as long as the users wish. 

5 . ** Adjustable TP & SL based on % of Price Range :** TRB   incorporates robust risk management features, including stop-loss (SL) and take-profit (TP) levels, which are calculated as percentage   of the recorded price range and can be adjusted by users.

 

<Settings>

<General Inputs>

InpMagicNumber: Users-defined magic number 

InpLot Mode: Choose mode of lot sizes based on fixed lots, money per trade, or % of account per trade

fixed lots/fixed money/ account% : Input value for chosen mode

stop loss by % of the range : size of stop loss based on recorded price range

take profit by  % of the range: size of take profit based on recorded price range


<Range Inputs>

Range Start Time by Minutes : Start time to calculate range

Range End Time by Minutes: End time to calculate range 

Range Close Time by Minutes : Close time for all positions to close if sl and tp not reached. 


<Filter Inputs>

Min Range Size to execute trades in points: Position will not be opened if recorded range is smaller than min range size. 

Max Range Size to execute trades in points:  Position will not be opened if recorded range is larger than max range size. 


InpBreakoutMode :

One breakout per range - if breakout position open on buy order, EA will not open sell order even when price breaks lower range. Vice versa on sell order.

High and low breakout - Buy and sell order can open whenever current price breaks recorded price ranges. 


 * Remarks

This strategy is suitable for traders who prefer to trade by waiting price to consolidate after market opening hours. Historically the EA performs better with Japanese paris, such as USD/JPY, EU/JPY and GBP/JPY. For GBP/USD and EU/USD pairs, where volatility in terms of price range may vary a lot, the users are recommended to use min & max range size filter as well as selecting one breakout per trade for reducing noise.  

 

 





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Fully Automated EA based on Supply and Demand Principles. The first Supply and Demand EA that is offering Complete Automation. Now trading Becomes Effortless, offering full control over your trading strategy through a User-Friendly graphical Trading Panel. You get a Super High Quality Algorithmic Trading Software that contains more than 15,000 lines of code. The best way to trade "Prop Firms Challenges" and Pass all the Stages to be a Quilified Trader. Supply Demand EA ProBot Manual     ||   
CoreX G
Arseny Potyekhin
4.75 (8)
Overview The CoreX G EA is an advanced trading system specifically designed to tackle the complexities of the Forex market. By leveraging cutting-edge neural networks, sophisticated machine learning technologies, and an integrated big data strategy, CoreX G delivers exceptional accuracy and security in trading. This Expert Advisor (EA) stands out due to its technological excellence and premium customer support, ensuring users are always assisted with any questions or concerns. Signals:   Live
Way To Stars MT5
Wei Tu
4.74 (19)
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
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