Range Breakout EA MT5 (Official version) | GroupBuy

What isRange Breakout EA MT5?

Range Breakout EA MT5 is a professional Expert Advisor designed for real day trading. Unlike many EAs on the MQL5 market, it does not use risky strategies like martingale or grid systems. Instead, it follows a logical and disciplined concept to trade time-based market breakouts. This EA focuses on morning range breakouts, capturing the trend that the market often follows after early hours. It can also adapt to any other timeframe breakout strategy, making it versatile for various trading setups.

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About the Developer

• Author: Rene Balke
• Experience: Over +7 years of experience on MQL5.
• Notable Products: Range Breakout EA MT5, Range Breakout EA MT4, Scalping Project EA MT4 and others.
• Flagship Product: Range Breakout EA MT5 is rated as the best performing product of the year.

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Main Features of Range Breakout EA MT5

• Real Day Trading Strategy: Trades logical range breakouts without martingale or grid methods.
• Morning Trend Capture: Designed to follow the trend after the morning breakout.
• Flexible Range Trading: Can trade any time-based breakout with adjustable range settings.
• Multiple Trading Volume Modes: Includes fixed lots, risk-based percentages, and money-based lot calculation.
• Advanced TP/SL Calculation: Multiple modes for Take Profit and Stop Loss, including points, percentages, and range-based factors.
• Trailing Stop & Break-Even: Dynamic trailing stop and break-even functionality to protect profits.

Additional Features

• Time Management: Configure start and end hours for the range, pending order deletion, and automatic position closure.
• Trading Frequency Controls: Set maximum long, short, and total trades per day to avoid overtrading.
• Range Filtering: Ignore ranges that are too small or too large based on points or percentages.
• Customizable Chart Options: Choose range color, order comments, magic number, and enable debug or chart commentary for better monitoring.
• Backtesting Flexibility: Can be backtested on different timeframes; live trading recommended on M1 charts.

Why Choose Range Breakout EA MT5?

• Logical & Safe Strategy: Trades only on real breakouts without high-risk methods.
• Highly Customizable: Fine-tune trading volumes, TP/SL, range filters, and trailing stops.
• Time-Efficient: Automates breakout trading for busy traders, focusing on the most profitable periods.
• Proven Live Performance: Used successfully in live accounts for years.
• Versatile: Suitable for various symbols and timeframes beyond morning breakout strategies.

Range Breakout EA MT5 Backtest Results 

• Initial Deposit:  $10,000 (3 months)
• Total Net Profit: $2,640.94
• Maximum Drawdown: 6.04%

Range Breakout EA MT5 Backtests

Real User Reviews and Feedback

🔺Range Breakout EA MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

User Reviews

What’s Included in the Download Package?

🔺 Experts:

• Setting (If Any).docx
•  Installation Guide.docx

🔺 SetFiles:

• rba_eurusd.set
• rba_gbpusd.set

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Conclusion

In summary, Range Breakout EA MT5 is a reliable and flexible Expert Advisor for traders seeking a structured day trading approach. With advanced range breakout detection, dynamic risk management, and customizable settings, it captures profitable market trends efficiently while avoiding risky grid or martingale strategies. Ideal for both beginners and experienced traders, this EA provides a disciplined, fully automated trading solution.

>>> Reviewed by Jason Stap <<<