Range Breakout EA with Range Filters EA V5.20 MT5

Description
INTRODUCTION
Range Breakout EA with Range Filters EA V5.20 MT5 is a multi-market Expert Advisor designed for MetaTrader 5. It trades breakouts from the low-volatility Asian session range when volatility increases at the London open. The system uses no indicators and no fixed timeframes, relying instead on an internal breakout filter to avoid low-quality setups. Positions are closed later in the day as volatility slows. It is built for XAUUSD, USDJPY, BTCUSD, US30 and DE40, supports one-chart multi-market trading or individual charts, and includes prop-firm oriented risk controls with no martingale or grid logic.
Key Features
- Asian-session range to London-breakout strategy without indicators or fixed timeframes
- Internal breakout filter to skip lower-quality setups
- Supports XAUUSD, USDJPY, BTCUSD, US30 and DE40 with built-in optimized presets
- One Chart Setup for trading all enabled markets from a single chart
- Individual chart mode with live range and breakout visualization
- No martingale and no grid
- Daily drawdown protector (prop-firm friendly)
- Built-in trade randomizer and spread filter
- Automatic risk levels: Low / Medium / High plus manual risk % or fixed lot size
- Universal lot sizing for different brokers and account currencies
- Adjustable range color, trade comment, magic number and optional chart information display
- Designed for brokers using standard US trading time (GMT+2 / GMT+3)
Recommended Settings
Pairs: XAUUSD, USDJPY, BTCUSD, US30, DE40
Timeframe: Any (timeframe does not matter)
Mode: One Chart Setup for full portfolio view or Individual Chart Setup for live visualization of ranges and breakouts
Risk: Start with Low or Medium risk level. Manual risk % or fixed lot size can be used if preferred
Broker Time: GMT+2 / GMT+3 server time recommended
Attach the EA to any chart, select the risk level, and the EA applies the optimized settings for each market automatically. No separate set files are required for basic use.
Advantages
- Clear session-based logic that does not rely on indicators or curve-fitted timeframes
- Multi-market diversification from a single EA
- No martingale or grid recovery methods
- Daily drawdown protection and risk presets suitable for prop-firm style accounts
- Simple plug-and-play setup with automatic market presets
- Option to view ranges and breakouts in real time on individual charts
- Universal lot sizing that works across different brokers and account currencies
Disadvantages
- Performance depends on correct broker server time (GMT+2 / GMT+3)
- Limited to the five specified markets (XAUUSD, USDJPY, BTCUSD, US30, DE40)
- Drawdowns can still occur; past live results do not guarantee future performance
- Requires proper demo testing under your own broker conditions before live use
- VPS
Support & Disclaimer
Support:
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
Telegram Group: Join our community
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.
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