Range AI EA V1.0 MT5 – Free Multi-Currency Range Trading Robot

Introduction

Most forex traders struggle in sideways markets. They wait for breakouts that never come or chase trends that fade instantly. That’s why YoForex built the Range AI EA V1.0 MT5 — a smart Expert Advisor designed specifically for range-bound trading conditions.

Instead of losing money in consolidation, this EA actually profits inside ranges by using an AI-driven model to detect market boundaries and scalp within them. Running on M5 timeframe, it supports forex majors, exotic crosses, and even gold (XAUUSD).

And here’s the kicker: it needs only $50 per pair to run, making it super accessible.

As always, YoForex provides it free of charge at MQL5.software.

Overview

The Range AI EA V1.0 MT5 is a multi-currency range scalper built for precision.

  • Timeframe: M5.
  • Pairs Supported: CHFJPY, EURNZD, EURUSD, GBPCAD, USDCHF, USDJPY, XAUUSD (gold).
  • Min Deposit: $50 per pair.
  • Broker Type: Works best on ECN / RAW Spread / Razor accounts.

This EA is ideal for:

  • Small account traders with just $50–100 to start.
  • Scalpers who want consistent range-based profits.
  • Prop firm traders who need low-drawdown systems.

Key Features

Range Trading Logic – Profits in sideways/consolidation markets.
M5 Scalping – Frequent trade opportunities on low timeframe.
Multi-Currency – Works on 6 forex pairs + gold.
Low Deposit Requirement – Just $50 per instrument.
AI-Driven Detection – Identifies support/resistance zones.
Safe Risk Management – Built-in SL/TP with trailing stop.
Broker Friendly – ECN/Raw/Razor execution supported.
No Martingale/Grid – Fixed-lot trading only.
Prop Firm Ready – Safe DD and clean trading history.
Customizable Settings – Adjustable risk %, SL/TP, lot size.
Free Updates – Lifetime refinements by YoForex.
24/7 Support – WhatsApp & Telegram channels open.

How It Works

The EA is built around AI-based range detection.

  1. Zone Identification – Detects support/resistance boundaries on M5.
  2. Range Confirmation – Confirms sideways market with volatility filters.
  3. Entry Signals – Opens buy near support, sell near resistance.
  4. Exit Strategy – Uses fixed TP or trailing stop.

Example Flow:

  • On EURUSD M5, EA spots support at 1.0860 and resistance at 1.0880.
  • Buys near support with SL below range, sells near resistance with SL above.
  • Trades close with small but frequent profits.

This lets you make money when other systems sit idle.

Backtest & Results

EURUSD (M5, 2 years):

  • Win Rate: 72%
  • Profit Factor: 1.92
  • Max Drawdown: 8%
  • Avg Monthly Gain: 9–12%

USDJPY (M5, 2 years):

  • Win Rate: 70%
  • Profit Factor: 1.9
  • Drawdown: 7%

XAUUSD (M5, 2 years):

  • Win Rate: 68%
  • Profit Factor: 1.85
  • Drawdown: 9%

Observations:

  • Works best during Asian and early London sessions when ranges are stable.
  • Avoids false breakouts by staying inside volatility filters.
  • Low capital requirement makes it attractive for small accounts.

Installation & Setup

  1. Download EA from MQL5.software.
  2. Place file into MQL5 → Experts.
  3. Restart MT5.
  4. Attach EA to chart (M5 timeframe).
  5. Set pair-specific parameters or load optimized set files.
  6. Enable AutoTrading.

Recommended Setup:

  • Pairs: CHFJPY, EURNZD, EURUSD, GBPCAD, USDCHF, USDJPY, XAUUSD.
  • Timeframe: M5.
  • Min Balance: $50 per pair ($200 for 4 pairs).
  • Broker: ECN/Raw spread with low commission.
  • VPS: For 24/7 running.

Why Choose YoForex Tools?

YoForex is known for free professional-grade EAs. The Range AI EA V1.0 MT5 stands out because:

  • It’s range-optimized while most bots fail in sideways markets.
  • Supports multi-currency + gold trading.
  • Has super-low entry capital requirements.

Other free YoForex bots you may like:

Support 

Call to Action

If you want a forex robot that finally profits inside ranges instead of losing, the Range AI EA V1.0 MT5 is your solution.

Download it today free at MQL5.software and trade forex, gold, and more with AI-powered range detection.

YoForex – empowering traders worldwide, one free tool at a time.

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Happy Trading