Range Breakout Day Trader EA V2.2 MT4 No DLL

Introduction to the Range Breakout Day Trader EA

The Range Breakout Day Trader EA is an advanced, fully automated trading solution designed for the USDJPY pair on the M5 timeframe. This EA specializes in capturing breakouts during the European trading session, using a daily range breakout strategy. It avoids high-risk techniques like Grid, Martingale, or Hedge, focusing instead on safety, reliability, and consistent returns.

With robust risk management tools, an effective trend filter, and optimization features like trailing stops and alert notifications, this EA offers an efficient and controlled approach to trading. Whether you’re new to trading or an experienced investor, the Range Breakout Day Trader EA is designed to help you succeed.

Key Features of the Range Breakout Day Trader EA

Safe and Reliable Trading

• No High-Risk Recovery Methods: The EA does not use risky strategies like Grid, Martingale, or Hedge, ensuring a safer trading experience.
• Stop-Loss Protection: Each trade is safeguarded by a stop-loss, protecting your capital from significant losses.
• Equity Drawdown Control: You can set a maximum equity drawdown percentage, adding an extra layer of security.

Automated Breakout Strategy

• Breakout Timing: The EA executes trades based on the breakout of the daily price range between 1:00 and 6:50 AM GMT/UTC+2.
• Trailing Stop: After reaching a profit level, the EA activates a trailing stop to lock in gains as the market moves in your favor.
• End-of-Day Closure: To avoid overnight swap fees, the EA automatically closes all positions by 19:55 PM.

Trend Filter and Alerts

• Trend Filtering: The integrated trend filter ensures that the EA only trades in the direction of the prevailing market trend, enhancing your chances of success.
• Alerts: When predefined profit levels are hit, the EA sends email or notification alerts, giving you the option to decide whether to hold or take profits.

Live Performance Highlights

The Range Breakout Day Trader EA (Medium Risk) has shown consistent, impressive results:

• 85% Total Growth: The account has steadily grown over 39 weeks.
• Profit: €848.29 from an initial deposit of €1,000.
• Maximum Drawdown: 22.2%, reflecting effective risk control.
• High Win Rate: 61.1% of trades are profitable, further showcasing the EA’s reliability.
  Range Breakout Day Trader EA Live Performance Signal

(Refer to the live performance signal image for detailed results.)

Backtest Results: Proven Consistency

A backtest conducted on the Extra Low Risk preset from 2021 to 2023 (USDJPY M5) demonstrates the EA’s reliability:

• Initial Deposit: $1,000
• Total Net Profit: $4,755.27, equating to a 475.5% return over two years.
• Maximum Drawdown: Just 6.60%, emphasizing the EA’s strong risk management.
• Trade Count: 528 trades, with a profit factor of 1.74, indicating steady, consistent performance.
• Daily Drawdown: Remained below 2.4%, even during volatile market conditions.
  Range Breakout Day Trader EA Backtest for 2021 to 2023 using Extra Low Risk

(See backtest image for detailed statistics and equity curve.)

Recommendations for Optimal Use

To ensure the best performance, consider the following:

• Currency Pair: USDJPY
• Timeframe: M5
• Minimum Deposit: $100 (for low-risk settings)
• Account Type: ECN, Raw, or Razor accounts with low spreads are ideal for optimal performance.
• Leverage: 1:500, especially for higher-risk settings.
• VPS Hosting: For continuous, reliable performance, a VPS is highly recommended.

Risk Settings and Presets

The EA offers four preset risk profiles that allow you to match your risk tolerance and trading goals:

• Extra Low Risk: Ideal for conservative traders or prop firm challenges.
• Low Risk: Provides moderate growth with controlled risk exposure.
• Medium Risk: A balanced approach for steady growth and moderate risk.
• High Risk: Aggressive settings for traders aiming for rapid growth.

How the Range Breakout Day Trader EA Works

1. Range Detection
The EA identifies the price range between 1:00 and 6:50 AM GMT/UTC+2 and places pending orders above and below the range once confirmed.

2. Trade Execution
Once the price breaks out of the established range, the EA executes trades with predetermined stop-loss and take-profit levels. A trailing stop ensures profits are protected as the market moves in your favor.

3. End-of-Day Closure
At 19:55 PM, the EA automatically closes all positions to avoid swap fees.

4. Risk Management
The EA incorporates stop-loss protection and equity drawdown limits, ensuring your exposure to risk remains controlled.

Why Choose the Range Breakout Day Trader EA?

• Proven Performance: With consistent profits and low drawdowns, this EA has shown reliable results in both live signals and backtests.
• Safe for Prop Firms: The EA meets the strict drawdown criteria required for prop firm challenges, making it ideal for traders aiming to pass evaluations.
• User-Friendly: With preloaded presets, the EA is easy to set up and use, even for traders with little experience.
• Flexible and Customizable: Multiple risk settings allow you to adapt the EA to your specific trading style and preferences.

Customer Reviews

⭐️⭐️⭐️⭐️⭐️
James T.
“The daily range breakout strategy works wonders. This EA has made my trading so much easier.”

⭐️⭐️⭐️⭐️⭐️
Sophia L.
“I love the built-in risk management and trend filter. It’s a very safe EA that delivers consistent profits.”

⭐️⭐️⭐️⭐️⭐️
Michael R.
“Perfect for prop firm challenges! The extra low-risk preset helped me get funded.”

Additional Resources:

• Join our Telegram for Updates and Support: telegram channel
• Recommended VPS: For optimal performance, we suggest a VPS from our recommended list.
• Preferred Brokers: Use a reliable broker from our recommended brokers for the best trading experience.
• VIP Membership: Get free downloads by joining our VIP membership.

Conclusion: Start Trading Smarter Today

The Range Breakout Day Trader EA provides a safe, reliable, and profitable solution for traders looking to automate their daily trading routine. With proven strategies, advanced risk management, and customizable settings, it ensures consistent results across various market conditions. Whether you’re aiming for personal account growth or hoping to pass a prop firm challenge, this EA is a powerful tool that can help you achieve your trading goals.

Start trading smarter today with the Range Breakout Day Trader EA!