This MetaTrader 5 expert advisor is designed for scalping gold on the M1 timeframe. It features a versatile strategy engine capable of toggling between breakout and mean-reversion modes based on market conditions. The system manages trades using ATR-based trailing stops, break-even adjustments, and time-based exits. Ri
Trading robot · MT5
Asian Range Breakout
This automated expert advisor for MetaTrader 5 implements a mean-reversion strategy based on Asian session price ranges.
GitHub stars3
Forks1
Last update1 year ago21 Jul 2025
LicenceNone stated
Overview
Asian Range Breakout identifies the high and low levels during specific Asian trading hours and monitors for a price breakout. Instead of trading the breakout momentum, it enters a position when price returns inside the range, targeting a reversal. The system features automated daylight saving time adjustments, dynamic lot sizing based on account risk percentage, and configurable take profit multipliers. It includes comprehensive logging via CSV export and supports notifications through Telegram, email, and mobile push alerts.
- Mean-reversion entry on range reentry
- Automatic daylight saving time adjustment
- Percentage-based dynamic risk management
- Telegram and mobile push notifications
- Daily trade performance CSV export
Details
Author
nsclk on GitHub
Type
Trading robot
Platform
Strategy
Markets
Forex
Timeframes
M1-M5, M15-H1
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA Files
Input Parameters
Read from asian_range_breakout.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EnableDSTAdjustment | bool | true | Enable Daylight Saving Time Adjustment |
SummerAsianStartHour | int | 0 | Summer Asian Session Start Hour (00:00) |
SummerAsianEndHour | int | 7 | Summer Asian Session End Hour (07:00) |
SummerTradingStartHour | int | 7 | Summer Trading Start Hour (07:00) |
WinterAsianStartHour | int | 1 | Winter Asian Session Start Hour (01:00) |
WinterAsianEndHour | int | 8 | Winter Asian Session End Hour (08:00) |
WinterTradingStartHour | int | 8 | Winter Trading Start Hour (08:00) |
MaxBreakWaitHour | int | 12 | Max Hour to Wait for Range Break (Server Time) |
RiskPercentage | double | 2.0 | Risk Percentage per Trade |
MaxSpreadPips | int | 3 | Maximum Spread in Pips |
TPMultiplier | double | 1.5 | Take Profit Multiplier (TP = SL distance * multiplier) |
MinRangePips | int | 10 | Minimum Asian Range Size (Pips) |
Show all 26 inputs
| Name | Type | Default | Description |
|---|---|---|---|
MaxRangePips | int | 100 | Maximum Asian Range Size (Pips) |
AllowBothDirections | bool | true | Allow Both Long and Short Trades |
ShowAsianRange | bool | true | Show Asian Range Lines |
RangeColor | color | clrYellow | Asian Range Color |
EnableCSVExport | bool | true | Enable CSV Data Export |
CSVFileName | string | AsianRangeEA_Data.csv | CSV File Name |
EnableDetailedLogging | bool | true | Enable Detailed Logging for Verification |
EnableTickLogging | bool | false | Enable Tick-by-Tick Logging (Resource Intensive) |
MaxSlippagePips | int | 2 | Maximum Slippage in Pips |
EnableEmailAlerts | bool | false | Enable Email Alerts for Important Events |
EnableMobileAlerts | bool | false | Enable Mobile Push Notifications |
EnableTelegramAlerts | bool | true | Enable Telegram Notifications |
TelegramBotToken | string | BURAYI DOLDURUN | Telegram Bot Token (from @BotFather) |
TelegramChatID | string | BURAYI DOLDURUN | Telegram Chat ID (your user ID or group ID) |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone nsclk/Asian-Range-Breakout-Expert-Advisor-for-MT5 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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