Range Breakout EA MT4 v1.35 + SetFiles (Platform build 1471+)
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What is Range Breakout EA MT4?
Range Breakout EA is an automated trading robot, designed to be compatible with the Metatrader 4 (MT4) platform and optimized for currency pairs. The advisor does not use any risky features such as martingale or grids and follows logical analysis. Range Breakout can be used for multi-timeframe trading, combined with intraday trend analysis, trading these trends after breakouts in the morning.
🔶 Vendor Website: View here
About the Author
This product is compiled by Rene Balke. This Germany author has more than +7 years of experience working on MQL5 with many famous products such as Range Breakout EA MT4, Range Breakout EA MT5, Scalping Project EA MT4 and others. Among them, Range Breakout EA is his best performing products.
Key Features of Range Breakout EA for MT4
🔹 Opening Range Breakout Logic: Detects market direction through structured breakout range analysis.
🔹 Adaptive Risk Management: Supports percentage, money-based and fixed lot risk control modes.
🔹 Dynamic Trade Protection: Includes trailing stop and break-even systems for profit security.
🔹 Advanced Range Filtering: Avoids weak or oversized market ranges to improve trade quality.
🔹 Flexible Time-Based Trading: Allows customized breakout sessions and position management hours.
🔹 Stable Non-Grid Execution: Uses disciplined breakout trading without martingale or grid systems.
What is the Range Breakout EA MT4 Trading Strategy?
🔹 Morning Breakout Trading: Captures directional momentum after key market opening sessions.
🔹 Volatility-Based Entries: Trades breakouts only when predefined range conditions are confirmed.
🔹 Adaptive Stop Management: Applies trailing and break-even protection during active positions.
🔹 Time-Controlled Execution: Uses precise order expiration and position closing schedules.
🔹 Dynamic Range Analysis: Filters market conditions through range size and volatility evaluation.
🔹 Structured Risk Allocation: Adjusts trade exposure through configurable lot calculation methods.
Range Breakout EA MT4 Review
The Range Breakout EA MT4 is designed to capture market volatility when price breaks out of defined ranges. The backtest statistics highlight how the EA performs under real market conditions, with a focus on profitability, risk, and consistency.
✅ Initial Deposit: $10,000
✅ Total Net Profit: $2,640.94
✅ Maximal Drawdown: 6.04%
Range Breakout EA MT4 Backtest Results
Range Breakout EA MT4 Backtest Trading Results
Why choose Range Breakout EA MT4?
🔹 Stable Automated Performance: Built for disciplined execution with controlled drawdown behavior.
🔹 Professional Risk Protection: Prioritizes consistent capital management and exposure control.
🔹 Reliable Breakout Methodology: Uses logical range analysis instead of aggressive recovery systems.
🔹 Flexible Market Adaptability: Supports multiple symbols and customizable trading conditions.
🔹 Efficient Intraday Trading: Designed for structured breakout opportunities during active sessions.
🔹 Long-Term Trading Consistency: Engineered for resilient execution across changing market trends.
Is Range Breakout EA MT4 Safe?
Range Breakout EA shows significant potential in providing stable and reliable profits, becoming a reliable tool in the forex market. This advisor is highly appreciated by the community in many aspects and has won the trust of users.
➡️ Liam_Greene (2023.02.03): “I was using the same strategy on the GbpUsd for the London Breakout but had to get up early and measure the levels this strategy allows me a lie in without missing the setups due to sleep ins.”
➡️ Jochen (2023.06.16): “This EA does exactly what it’s supposed to. Based on a comprehensible open-range strategy, trades are placed and executed according to the set parameters. It should be clear that not every trade can be profitable. It’s not a grid or Martingale system, it’s kept simple and transparent. I like it!”
Range Breakout EA MT4 is rated 5 stars by users
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M1 (Any) |
| Minimum / Recommended deposit | $100 |
| Currency pairs | EURUSD, USDJPY, GBPUSD (Any) |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Range Breakout EA MT4 v1.35_fix.ex4
2. SetFiles:
✅ USDJPY_M1_Autolot.set
✅ EURUSD_M1_Autolot.set
✅ GBPUSD_M1_Autolot.set
Conclusion
In short, Range Breakout EA MT4 delivers a disciplined breakout strategy with advanced volume modes, dynamic exit management, and strict non-Martingale logic. Its time-based range filtering ensures precision, while flexible SL/TP settings optimize risk and reward. With proven backtest results, customization, and consistent performance, Range Breakout EA stands out as a powerful tool for traders seeking safe, reliable, and trend-focused profits.
🔢 Range Breakout EA MT4 Settings Explained – Complete Configuration Guide
Range Breakout EA is a fully automated breakout trading robot for MetaTrader 4 designed to trade price movements after a predefined market range is formed.
The EA uses range calculation logic, breakout detection, money management systems, trailing stop controls, and time-based execution filters to automate trading strategies efficiently.
With flexible trading frequency controls and customizable risk settings, Range Breakout EA MT4 is suitable for traders who prefer breakout-based forex trading systems.
Range Breakout EA MT4 Settings
🔢 Range Breakout EA MT4 Full Settings Explanation
Below are the details of the parameters in the advisor’s trading system settings table:
Range Breakout EA MT4 Settings Panel
🔶 General Settings
🔹 Timeframe Range Calculation = 1 Minute: The EA calculates the trading range using the 1 Minute timeframe.
🔹 Trading Volume = VOLUME_MANAGED: Position sizing is controlled automatically through volume management mode.
🔹 Fixed Lots = 0.01: Fixed trading lot size is set to 0.01.
🔹 Fixed Lots Per x Money = 1000: Lot size scaling is based on every 1000 units of account balance.
🔹 Risk Percentage of Balance = 0.5: Risk exposure per trade is set to 0.5% of account balance.
🔹 Order Puffer Points (0 = No Puffer) = 0: Additional order buffer points are disabled because the value is 0.
🔹 Target Factor (0 = No TP) = 0.0: Take Profit factor is disabled because the value is 0.0.
🔹 Stop Factor (0 = No SL) = 1.0: Stop Loss factor multiplier is set to 1.0.
🔶 Time Settings
🔹 Range Start Hour = 0: Range calculation starts at hour 0.
🔹 Range Start Minute = 0: Range calculation starts at minute 0.
🔹 Range End Hour = 7: Range calculation ends at hour 7.
🔹 Range End Minute = 30: Range calculation ends at minute 30.
🔹 Delete Orders Hour = 18: Pending orders are deleted at hour 18.
🔹 Delete Orders Minute = 0: Pending orders are deleted at minute 0.
🔹 Close Positions = true: Automatic position closing feature is enabled.
🔹 Close Positions Hour = 18: Open trades are closed at hour 18.
🔹 Close Positions Minute = 0: Open trades are closed at minute 0.
🔶 Trailing Stop Settings
🔹 BE Stop Trigger Points (0 = Inactive) = 0: Break-even trigger is disabled because the value is 0.
🔹 BE Stop Puffer Points = 10: Break-even protection buffer is 10 points.
🔹 TSL Trigger Points (0 = Inactive) = 0: Trailing Stop trigger is disabled because the value is 0.
🔹 TSL Points = 100: Trailing Stop distance is 100 points.
🔹 TSL Step Points = 10: Trailing Stop adjustment step is 10 points.
🔶 Trading Frequency Settings
🔹 Max Long Trades = 1: Maximum allowed buy trades is 1.
🔹 Max Short Trades = 1: Maximum allowed sell trades is 1.
🔹 Max Total Trades = 2: Maximum total simultaneous trades allowed is 2.
🔶 Range Filter Settings
🔹 Min Range Points = 0: Minimum range filter is disabled because the value is 0.
🔹 Max Range Points = 10000: Maximum allowed breakout range is 10000 points.
🔶 More Settings
🔹 Range Color = Aqua: The range display color on the chart is Aqua.
🔹 Order Comment = (empty): No custom trade comment is assigned to orders.
🔹 Magic Number = 111: Unique Magic Number for EA trades is 111.
🔹 Chart Comment = true: Chart comment display is enabled.
🔹 Debug Mode = false: Debug mode is disabled.
🔢 Conclusion
Range Breakout EA MT4 is a specialized breakout trading Expert Advisor that focuses on capturing price movements after market consolidation periods. With configurable range calculation, risk management, trade frequency limitations, and time-based order execution, the EA provides traders with a flexible and automated breakout trading environment. Its trailing stop and position management features help optimize trade protection while maintaining efficient trade execution on MetaTrader 4.
🔢 FAQs
❓ What is Range Breakout EA MT4?
Range Breakout EA MT4 is an automated breakout trading robot designed for MetaTrader 4.
❓ How does Range Breakout EA MT4 work?
The EA identifies a price range during a selected time period and places breakout trades when price exits the range.
❓ Does Range Breakout EA MT4 support money management?
Yes, the EA includes automatic volume management and risk percentage controls.
❓ Can Range Breakout EA MT4 automatically close trades?
Yes, the EA can automatically delete pending orders and close positions at specified times.
❓ Does Range Breakout EA MT4 include trailing stop functionality?
Yes, the EA supports trailing stop and break-even management settings.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ Which trading platform is Range Breakout EA compatible with?
Range Breakout EA is designed for MetaTrader 4 (MT4).
❓ Which currency pairs work best with Range Breakout EA?
It is optimized for EURUSD, GBPUSD, and USDJPY, but it can work on any currency pair.
❓ What is the minimum deposit required to start?
The EA can run with as little as $100, though larger deposits are recommended for stability.
❓ Does Range Breakout EA use Martingale or Grid strategies?
No, it is a non-Martingale, non-Grid EA, ensuring safer and more disciplined trading.
❓ What timeframes does Range Breakout EA work on?
It works best on M1 for precision, but can be adapted to other timeframes.
❓ How does the Range Breakout strategy work?
The EA defines a daily range during a set time window and enters trades only when price breaks above or below that range.
❓ Can I customize the trading hours and exit times?
Yes, it includes custom time filtering for defining range periods, order deletion times, and position closing times.
❓ How does the EA manage risk?
It provides four flexible volume modes (fixed lot, money management, risk % by SL, and risk $ by SL) plus customizable TP/SL options.
❓ What were the backtest results of Range Breakout EA?
With a $10,000 deposit, it achieved $2,640 profit and only 6.04% drawdown, showing strong risk control.
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