Short-Term

Product interface is illustrative — not a performance chart.

MetaTrader 4 MetaTrader 5 Multi-Pair

Range Scalper EA

A short-term Expert Advisor that trades defined price ranges on major pairs during specific liquidity windows, using tight, fixed risk parameters suited to lower-timeframe execution.

$ 449 one-time license
How Setup Works

Checkout is handled securely at purchase — you’ll be guided through licensing and delivery after payment.

Platform
MT4 & MT5
Strategy type
Short-term range / mean reversion
Primary pair
Majors (multi-pair)
Timeframe
M15 recommended
Min. deposit
$500 (see settings)
License type
Single trading account
Overview

What Range Scalper EA does

Range Scalper EA is built around short-lived, well-defined price ranges rather than sustained trends. Many major pairs spend a significant amount of time consolidating between clear support and resistance levels during specific hours — this EA is designed to trade inside those windows.

The EA identifies compression-and-expansion phases in price, waits for a defined breakout condition to be met, and only then places an order — with a stop-loss, take-profit and position size calculated automatically from your chosen risk-per-trade percentage.

Key Features

Built around control, not complexity

Session-based filtering

Trading windows can be restricted to specific sessions (e.g. London/New York overlap) to avoid known low-liquidity periods.

Fixed risk per trade

Position size is calculated from your account balance and a configurable risk percentage — not a fixed lot size.

Volatility-adaptive stops

Stop-loss and take-profit distances adjust to current market volatility rather than using a static pip value.

Single open position

The EA manages one position at a time on the chart it’s attached to — no unlimited grid or martingale scaling.

News-time pause

An optional setting pauses new entries around configured high-impact news windows.

Full parameter access

All inputs are visible and adjustable in the platform’s standard settings panel — nothing is hidden or locked.

Strategy Description

How the logic works

Range Scalper EA measures recent price action on the M15 chart to identify a well-defined range with clear upper and lower boundaries. Entries are only taken when price reaches one edge of that range during a configured liquidity window, with the position targeting a move back toward the opposite side of the range.

Stop-loss and take-profit distances are kept deliberately tight and are set as a function of the identified range size, not a fixed pip count. Position size is derived from the account’s current balance and the risk percentage you configure, so the dollar risk on every trade stays consistent regardless of range width.

The EA does not average down, does not use a martingale or grid multiplier, and will not open a second position while one is already active on the chart.

Supported Platform

MT4 & MT5

Range Scalper EA is compiled and tested natively for both MetaTrader 4 and MetaTrader 5. A license covers one live or demo trading account on your platform of choice.

MetaTrader 4 MetaTrader 5 Hedging & netting accounts
Trading Pairs

Instrument coverage

Range Scalper EA is tested on major pairs with tight typical spreads. Low-liquidity or high-spread instruments are not recommended for a short-term system like this.

EURUSD GBPUSD USDJPY
Recommended Settings

Starting configuration

Chart timeframeM15
Recommended minimum deposit$500 (standard account)
Default risk per trade1.0% of account balance (adjustable)
Trading windowLondon/New York overlap only (default)
News-time pauseEnabled, 30 minutes before/after configured high-impact events
Maximum concurrent positions1
Slippage tolerance3 points (broker-dependent)

These are starting values, not fixed rules — every input is adjustable, and your own broker conditions and risk tolerance should inform final settings.

Backtest & Results

Verified data placeholder

We do not publish invented backtest curves or return figures. Verified historical testing and any live tracked results for Range Scalper EA will appear here once independently verifiable.

Backtest & verified results — coming soon This section will link to an independently verifiable results source (such as a public MyFXBook or FX Blue statement) once available. Contact us if you’d like the current internal testing summary shared directly.
FAQ

Range Scalper EA questions

Because target ranges are short-term by design, spread and execution cost make up a larger share of each trade’s outcome than on longer-timeframe systems, so tighter-spread brokers and major pairs are recommended.
A standard license covers one live or one demo trading account. See our Terms & Conditions for full licensing detail, or contact us about multi-account licensing.
Because target ranges are short-term by design, spread and execution cost make up a larger share of each trade’s outcome than on longer-timeframe systems, so tighter-spread brokers and pairs are recommended.
Risk disclaimer. Range Scalper EA is a trading tool, not a guarantee of profit. Short-term price action can be volatile and unpredictable, and automated execution does not remove market risk. Only trade with capital you can afford to lose, and read our full Risk Disclaimer before purchasing.

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Trading forex involves substantial risk of loss and is not suitable for every investor. Past results — where shown — do not guarantee future performance. Read our full Risk Disclaimer before using any EA.