Range Breakout EA with Range Filters Source Code V5.20 MT5

INTRODUCTION

Range Breakout EA with Range Filters Source Code V5.20 MT5 is a MetaTrader 5 Expert Advisor that automates the classic Asian-session range to London-session breakout strategy. It identifies low-volatility consolidation during the Asian session, applies internal range filters to reduce low-quality signals, and executes trades when volatility expands at the London open. Positions are typically closed later as daily volatility declines. The EA supports multi-market trading and is designed without martingale or grid recovery methods.

Key Features

• Asian-range to London-breakout logic with internal quality filters
• Works on XAUUSD, USDJPY, BTCUSD, US30 and DE40
• One-chart multi-market mode or individual chart mode with range visualization
• Automatic risk levels (Low / Medium / High), manual risk percentage or fixed lot size
• Daily drawdown protector suitable for prop-firm style rules
• Spread filter to avoid extreme market conditions
• No martingale and no grid recovery
• Broker-time oriented for standard GMT+2 / GMT+3 servers
• Plug-and-play setup with no set files required

Recommended Settings

• Platform: MetaTrader 5 only
• Pairs / Instruments: XAUUSD, USDJPY, BTCUSD, US30, DE40
• Timeframe: Any (strategy is session-based; chart timeframe does not affect the core logic)
• Risk Mode: Start with Low or Medium preset, or use a conservative manual risk percentage
• Lot Sizing: Use automatic risk levels or fixed lot according to account size
• Broker Time: Standard US trading time (GMT+2 / GMT+3 preferred)
• VPS: Recommended for continuous operation
• Testing: Always run extended demo tests before live trading

Advantages

• Fully automated execution of a well-known session breakout pattern
• Multi-market diversification from a single EA
• Clear non-martingale risk structure with daily drawdown protection
• Simple setup with visual range confirmation on individual charts
• Reduces the need for constant manual monitoring of Asian and London sessions

Disadvantages

• False breakouts and drawdown periods are normal in range-breakout strategies
• Performance depends on correct broker server time and spread conditions
• Not suitable for traders seeking zero-drawdown or guaranteed results
• Requires proper demo testing and risk assessment before live use
• Results can vary across different brokers and market volatility regimes

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.