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BM Trading
DE
All EAs
MT5

Range Breakout EA

One of my favourite strategies. I have been running it live for years.

Strategy
Morning range breakout
Markets
Forex, indices
Timeframe
M5 – H1
Platform
MT5

About this EA

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.

On top of that you get a full trade-management toolkit — trailing stops, partial closes, time-based exits. Download it and test different settings until you find the variant that fits how you trade.

Tutorial video

Disclaimer: I do not recommend specific inputs. The defaults are not necessarily optimal. Different symbols need different inputs. Past performance is not indicative of future results. Never trade with money you cannot afford to lose.