Description

Asian Range Fade EA

Short Tagline: A mean-reversion strategy that exploits the tight, low-volatility Asian session range.

Short Description:
Asian Range Fade EA is a fully automated range trading / mean reversion. Expert Advisor for MT4 and MT5. A mean-reversion strategy that exploits the tight, low-volatility Asian session range. Built-in risk controls and market filters keep execution disciplined across live and demo accounts.

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Overview

A mean-reversion strategy that exploits the tight, low-volatility Asian session range. It fades touches of the range boundaries back toward the midpoint, profiting from the range-bound behavior that typically dominates before the London open.

Features

• Asian session high/low box
• Bollinger Bands (20, 2) for boundary confirmation
• RSI(14)
• Configurable stop-loss, take-profit, and trailing logic
• Session, spread, and news-time filters for disciplined execution
• One-trade-per-bar / duplicate-signal protection
• Clean, single-file MQL4 and MQL5 implementations
• No hidden logic — every input is exposed and documented
• No martingale, no grid, no hidden recovery logic

Trading Strategy

Entry logic: – Build the Asian range (e.g., 00:00-06:00 broker/London time).

• Long: price tags the range low / lower Bollinger band with RSI < 30, then a bullish rejection candle. Enter toward the midpoint.
• Short: price tags the range high / upper band with RSI > 70 and bearish rejection.

Exit logic: – Exit at the range midpoint (primary) or opposite boundary (extended). Close all before London open.

Stop-loss: SL just beyond the range boundary (below the low / above the high) plus a small buffer.

Take-profit: TP at the midpoint for the first target; opposite boundary for a runner.

Trailing stop: Minimal; optional break-even once midpoint is approached.

Break-even: Break-even after price travels 50% of the distance to the midpoint.

Why it works: Frequent setups with high win rate in quiet regimes.; Well-defined, mechanical range logic..

Recommended Settings

• Timeframes: M5, M15.
• Instruments: EURUSD, EURGBP, EURCHF, USDCHF, AUDNZD.
• Account type: ECN/Raw spread accounts preferred
• Minimum recommended balance: $500+ (adjust lot sizing to your risk tolerance)
• VPS: Recommended for 24/5 uptime and consistent execution
• Risk management: Risk 0.5% per trade (small, frequent fades). Max 2 open. Stop trading at London open.

Supported Markets

Forex majors and crosses, especially those quiet during Asian hours.

Supported Brokers

Compatible with any regulated MT4 or MT5 broker offering standard order execution (market or instant execution). Works with ECN, STP, and standard account types. No broker-specific dependencies.

Installation Guide

1. Download the .ex4 (MT4) or .ex5 (MT5) file from your purchase delivery.
2. Open MetaTrader, go to File → Open Data Folder.
3. Copy the file into MQL4/Experts (MT4) or MQL5/Experts (MT5).
4. Restart MetaTrader or right-click Expert Advisors in the Navigator and select Refresh.
5. Drag the EA onto the chart of your chosen symbol and timeframe.
6. Enable Allow live trading (and Allow DLL imports if prompted) in the Common tab.
7. Adjust inputs to match your risk profile, then click OK.
8. Confirm AutoTrading is enabled in the toolbar.

• Session filter: Core mechanism — only trade within the Asian session; hard-close before the London expansion.
• Spread filter: Reject if spread > 1.5 pips; Asian spreads can widen, killing thin edges.
• News filter: Avoid entries around Asian/AUD/JPY news; pause 20 minutes.
• Volatility filter: Require ATR to be low (below its 100-period average) — the edge exists only in quiet ranges.

Risk Disclaimer

Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Past performance, backtest results, and simulated outcomes are not indicative of future results. This EA does not guarantee profits. Always test thoroughly on a demo account before deploying real capital, and never risk funds you cannot afford to lose.

Version

v1.0.0

Support

Support is provided through the marketplace messaging system. Please include your broker, symbol, timeframe, and EA version when reporting an issue.

Updates

Free updates are provided for bug fixes and compatibility improvements. Feature updates may be released as versioned upgrades.

FAQ

Q: Does this EA work on both MT4 and MT5?
A: Yes, separate optimized builds are provided for each platform.

Q: Can I run this on multiple pairs at once?
A: Yes, attach separate instances to separate chart/symbol combinations.

Q: Does it use martingale or grid recovery?
A: No. This is a pure signal-based strategy with defined risk per trade.

Q: What timeframe works best?
A: M5, M15. for the cleanest signals, but the EA can run on other timeframes with adjusted inputs.

Q: Is a VPS required?
A: Not required, but strongly recommended for uninterrupted 24/5 operation.