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Steady Ranger EA

3

Backtest with set files from comments section (Last comment) with method open price only.

Watch video and Turn ON Subtitles when watching!

This EA contains Few stop out levels built in what makes it much safer than any other method! Never pay attention to the Stereotips. Any method can be risky if you use them without a Sense.

Steady Ranger EA is an advanced automated channel trading system with potential to find out hundreds of profitable set files according to the back tests. This EA is not for them who search for the fastest ways to make millions with a few hundred dollars in a few months, it is for them who search for long term working instruments for trading. If you write positive or negative reviews with a few days traded only, please don’t even test this EA, because you will never understand any tool in a few days, weeks or even months on Forex.

Steady Ranger EA was under development for the last 2 years, it is based on advanced study of each pair behavior. It contains two types of stop out levels: 1) stop loss in pips on each trade 2) stop out level in money on trade series “sum of loss” (In case of reaching “sum of loss” number, all trades are closed at the same time). Safety is first!

EA follows the channel, enters trades on the entry signals (extreme edge of the channel) and exits them on exit signal (exit signal sometimes can be entry signal for the next position but not always). Until the exit signal is reached it can close trades with stop loss in pips (if it is reached), or with sum of loss option (if it is reached).  EA opens a lot of trades.

I know traders mostly don't like closing trades in minus but if trades go in minus, waiting and praying is not the solution, god will not turn the trend to your direction!

EA uses a Lot redistribution system. (If you think that it is risky, any money management type can be risky if you use them without sense). EA uses start lot and max lot options, in case of reaching “max lot” number,  it will enter with the starter lot next if more entry signals appear. It is a fixed cycle to keep the account safe. Safety is first!

EA has multi timeframe filters built in to avoid falling in sharp one side market movement situations, it does not enter new trades in such conditions. If such situations happen instantly, it goes out with stop loss, or sum of loss options.

Back tests are done with usage of both stop out types same time (in pips and in “sum of loss” options)

EA is built with strict control of bar opening, so back tests are done with method “open prices only”, all tick method testing will be slow, so use “open price only” method when testing.

Recommended brokers: IC markets (raw spread account); AAAFX; and any low spread broker.

Recommended leverage: 1:100 and higher

Recommended minimum account size: 2 000 $ to use ea with minimal entry lots and stay safe.

Recommended pairs: EUR/CHF (M5) for default settings; set fails for AUD/NZD (M5), AUD/CAD (M5) CHF/JPY (M5) and EUR/CHF (M30) you can download from Comments section . These pairs are well tested at the moment and show best results as you can see on screenshots, you can download EA and test them with current set files as well or to find out other pair set files maybe. Backtests are done with 6 pips spread (for M5 sets) because AAAFX and IC markets suggest such spreads on these pairs. EUR/CHF M30 set file you can test with current size spread with any broker. THis EA passes Forward testing and thats most important because most EA's does not pass it.

Default settings are chosen for 25 000 account size, according to this you should proportionally to your account size change the next parameters: Trading lot; Max Lot Size and Sum of Loss parameters only. All of them proportionally! thats important.

Check the screenshots and good luck in trading. Contact me any time in case of questions! This EA will be improved further and new versions uploaded.




Reviews 2
Robert
629
Robert 2021.05.19 14:19 
 

I bought this EA over a week ago and I have liked the flexibility created within the EA. Davit again has done a wonderful job creating a tool that creates an edge for trading. If you have low spreads this would be an EA for you. I give this EA a 5 star review.

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Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
EA Introduction The EA we have carefully crafted was previously an internal proprietary stable strategy tool. It focuses on capturing market patterns specific to time zones, standing out with high-frequency orders and a robust win rate, suitable for flexible traders with small capital. Whether from backtesting or live trading perspectives, it has demonstrated excellent stability, making it particularly suitable for users who wish to gradually accumulate profits in the forex market. We speak w
Ai Multi Trend MT4
Mansour Babasafary
5 (2)
Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the low
Dark Algo
Marco Solito
4.76 (54)
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 market trends .
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Leave a Comment after purchase to get 4 high quality indicators as Bonus. The Chart Patterns All-in-One indicator helps traders visualize various chart patterns commonly used in technical analysis. It supports identifying potential market behaviors, but profitability is not guaranteed. Testing in demo mode is recommended before purchasing. Current Offer : 50% discount on the "Chart Patterns All in One" indicator. Included Patterns : Pattern 1-2-3 : Detects market reversals using three key point
This indicator is for Live Chart not for Tester. The PRO Trend Divergence indicator is a cutting-edge technical analysis tool focused on detecting Trend Continuation Divergence —a signal indicating that the current trend is likely to persist. Unlike conventional indicators that emphasize reversals, this tool helps traders identify market conditions where the trend remains strong, even during temporary retracements or minor corrections. Trend Continuation Divergence occurs when the price moves i
MA Speedometer MT5
Davit Beridze
5 (3)
Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90. above 30 degrees is the buying area, below -30 degrees is the selling area. abo
Candlestick Patterns Indicator for MetaTrader 4 (MT4) This customizable indicator identifies key bullish and bearish candlestick patterns, aiding traders in technical analysis and decision-making. Key Features: Pattern Detection : Bullish : Hammer, Bullish Engulfing, Morning Star, Three White Soldiers, Bullish Harami, Inverted Hammer. Bearish : Shooting Star, Bearish Engulfing, Evening Star, Three Black Crows, Bearish Harami, Hanging Man. Customization : Enable or disable specific patterns based
MA Speedometer
Davit Beridze
4.6 (10)
Dashboard for Ma Speedometer:  https://www.mql5.com/en/market/product/116784 Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90.
MA Revolution
Davit Beridze
5 (1)
MA Revolution is upgraded version of standard Moving   A verage. With the current upgrade moving average line got more sensitive with different market conditions. It gets more flexible by decreasing default period step by step while market is sharp and incrasing period back to default period step by step while market is normal again. testing of the ide a shows th at this upgr aded version gives much more acur acy for detecting m arket direction, ch anges in direction are shown much e arly th an
MRA Index
Davit Beridze
5 (5)
You get Ea based on MRA Index for free as a Bonus in case of indicator purchase.  For sc alping I optimize sets on period of l ast 12 months  and use it next 1 month, this w ay it works very well ! Def ault settings   are just for vizu alis ation, it c an not be profit able with it, recommendations about Correct optimization process I sh are with buyers. The "MRA Index" forex indicator is a versatile tool that combines various technical elements to provide traders with valuable insights into pot
There is No use in the Testing Demo. You will understand nothing from running flashing numbers. It is a Dashboard. Just try to understand idea, get it and I will help in everything further. Symbols must be separated by commas (,) and entered into the parameters exactly as displayed by your broker to ensure they are recognized in the dashboard. These symbols will be used for analysis by the indicator. With one click open any pair any timeframe directly from dashboard The MA Speedometer Dashboar
The "Candle Info" indicator for MetaTrader 4 (MT4) helps traders analyze and visualize key candle formations directly on the chart. By detecting formations such as Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH), it provides insights into market trends and potential price movements. Key Features: Candle Formations: Identifies and labels HH, LL, HL, LH, along with combinations like HH & HL (bullish) and LL & LH (bearish). Session Filters: Allows filtering of formations
Fiter
Davit Beridze
5 (2)
Indicator customers will get an EA based on the Fiter indicator for free as a bonus. (Watch the video to see the EA in action.) Comment to get the EA. Fiter is a hybrid indicator that combines an Exponential Moving Average (EMA) with an ATR-modulated RSI line (yellow), alongside a traditional Moving Average (red). The crossover of these two lines generates significantly smoother and more reliable trading signals than the classic approach of using two simple moving averages. Backtesting has prove
Period Cross RSI
Davit Beridze
5 (6)
Check my p a id tools they   work  perfect! "Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as w
FREE
MFI Modern PRO
Davit Beridze
4.92 (36)
Def ault settings   are just for visu alis ation, it c an not be profit able with it.  Get a Free EA as a Bonus when you Purchase the Indicator! Plus, Receive 4 Interesting Additional Indicators. Recommended set files for backtesting the indicator on recommended pairs are available in the comments section (last page). Please note that this product is exclusively sold on the MQL5 market. Any other sources offering it are scams, and the author bears no responsibility. To receive the bonus gifts,
Filtered TMA Arrows
Davit Beridze
5 (3)
Check my p a id tools they   work  perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus:  https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma
FREE
Adjustable Pin Bar
Davit Beridze
5 (2)
Check my p a id tools they   work  perfect please r ate Adjustable PIN BAR indicator is usefull tool alowing to search for pin bars you wish to find on the price chart, it has 2 parameters to filter out what type of pin bars you wish to search for: 1) MinTailProc 75% (default) which means to show pin bars that has minimum size of the Nose (Tail) as 75% of full candle size. If Upper Nose (Tail) size of the candle is minimum 75% of the candle size fully than candle is painted in RED. If Lower Nose
FREE
Laguerre Scrat
Davit Beridze
5 (1)
In case you get Laguerre S crat indicator, you will get Laguerre Scrat Ea as a Gift. To get Ea  and det a iled m anu al PDF contact me PM. Default settings are for usd/cad H4 For St able Long term Profits Laguerre Scrat is a trading system based on 4 indicator combinations in the shape of one indicator. Laguerre indicator (upgraded), CCI, Bollinger bands and market volatility factor. It generates arrows in the indicator window and nuts on the price chart, doubling arrows for a better view where
after getting indic ator cont act me for Bonus E a. Non Repaint TMA channel with special conditioned arrows on price cross of channel lines plus market Volatility factor, which makes product much more accurate than any usual tma channel indicators.  It is proven to be profitable with Ea built based on it which you will get as a BONUS in case of indicator purchase. Good luck.
Check my paid tools they work great and I share Ea's based on them for free please r ate The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the bro
FREE
Indicator shows buy/sell arrows depending on volatility factor. Indicator does not repaint! It works on any pair and any timeframe. It is well tested through strategy builders and shows quite interesting results as a good filter indicator and as independent signaler as well (check the screenshots). It is possible to search for a lot of interesting parameters for profitable trading, some of which are shown on the screenshots. There are next inputs in indicator settings: N-volatility period; Level
RSI Entry Points
Davit Beridze
5 (5)
RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informative. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. I Made RSI line Dynamic, it gets more flexible
This EA is Created just for RSI Entry points Indicator ( https://www.mql5.com/en/market/product/67581 Test, to show indicators profitable parameters and to give potential buyers possibility to backtest indicator Entries. EA opens Buy orders on Buy Arrows and Sell orders on Sell Arrows of the indicator, orders are closed on opposite signals. EA is not created for Live automated trading, thats not the goal to sell EA, but any ways if you like it and need it, you can rent. Default settings are f
Re ad First Before Testing. This Ea goes as a Bonus to  MFI Modern PRO indicator users only. Set files generated  after upgrade you can check in comments section. This Expert advisor is based on MFI Modern PRO indicator   https://www.mql5.com/en/market/product/80765 just to  give possibility to indicator users for fastly test the indicator Before buying. In comments section recommended set files are uploaded by which you can prove yourself that backtest data from indicator overview are real. Thi
Indicator shows buy/sell arrows depending on volatility factor. Indicator does not repaint! It works on any pair and any timeframe. It is well tested through strategy builders and shows quite interesting results as a good filter indicator and as independent signaler as well (check the screenshots). It is possible to search for a lot of interesting parameters for profitable trading, some of which are shown on the screenshots. There are next inputs in indicator settings: N-volatility period; Level
RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informativity. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. To make yourself sure check out the screens
Filter:
jaewon yang
248
jaewon yang 2024.02.20 04:37 
 

This is terrible ea, The reviews are fake worst EA ever seen, its just gambling and can lightly blow your account. Seller want to force you to pay usd 200 for the settings that it will work better and please aware of the scammer from the group chat.Everything you've read about the performance of this bot is an outright lie. If you value money, avoid it like the plague.

Don't even think about buying this bot

Davit Beridze
8262
Reply from developer Davit Beridze 2024.02.27 02:11
This user does not try to understand Ea, buy it without testing, he was aware before buying that set files need to be reoptimized on different brokers because of difference between tick volume data of different brokers. Generating set files takes 3-4 days, If buyer wish to spend my Time to adjust Ea on their broker, Yes I do that for extra coast. And finally, he used Ea only for Few days. :) Steady Ranger is not Ea that makes anyone direct profit and millionaire in a few days. Steady Ranger is limited Martingale and blowing account with it is not possible, Worst what you can get with it is to catch working process stop loss. Soon I will start Monitoring Steady Ranger Ea trades, so any current or future user will see it's possibilities Live. Few days usage never indicates about profitability of any system. Thanks.
Robert
629
Robert 2021.05.19 14:19 
 

I bought this EA over a week ago and I have liked the flexibility created within the EA. Davit again has done a wonderful job creating a tool that creates an edge for trading. If you have low spreads this would be an EA for you. I give this EA a 5 star review.

Davit Beridze
8262
Reply from developer Davit Beridze 2021.05.19 14:21
Thanks Robert :)
Reply to review
Version 2.1 2024.01.13
Fixed problem.
Version 2.0 2024.01.12
few more filters added, improved exacution.
Version 1.9 2021.04.25
Default setting change to the better one
Version 1.8 2021.04.23
Bug Fixed