Range Breakout EA
MT5
One of my favourite strategies. I have been running it live for years.
The Range Breakout EA waits for a range to form in the morning. You pick two times of day, and the EA calculates the high and low between them. It then automatically places pending orders to trade the breakouts in either direction.
- Strategy
- Morning range breakout
- Markets
- Forex, indices
- Timeframe
- M5 – H1