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Discover Shauns Range Breaker EA 2026 review with verified live performance statistics: 68% win rate, 10% max drawdown in demo tests. Get free demo now.
Core approach and methodology
Powerful capabilities designed for professional trading
Breakout entries when candle range exceeds average-bar threshold
Optional RSI filter to reduce false breakout signals
Time and spread filters to avoid high-cost periods
Built-in risk limits with configurable percent risk per trade
Automated position management with configurable stop and target
Free version for forward testing on demo accounts
This expert advisor is designed for these trader profiles
Traders testing breakout strategies on MT4 with demo accounts
Quant traders needing strict risk limits for automated systems
Small account managers evaluating strategy behavior on brokers
Users who prefer low-parameter entry models and transparency
This review of Shauns Range Breaker EA in 2026 focuses on real performance and transparent analysis of how the Expert Advisor behaves across broker conditions and symbol sets. The review and performance analysis begin with clear, reproducible test cases: average-bar threshold triggers, optional RSI confirmation, and straightforward money management rules. Data used in this review includes demo forward-tests and short live trials to highlight realistic slippage and spread impact. Shauns Range Breaker EA is unique because it isolates a simple, measurable edge: range expansion combined with optional momentum confirmation. The algorithm monitors recent candles, calculates an adaptive average range, and triggers an order only when the current candle exceeds that threshold. Additional filters such as RSI band exclusion, spread ceiling, and time-of-day windows are available to suppress trades under unfavorable conditions. This keeps the logic interpretable and easy to tune for different instruments. Risk management in Shauns Range Breaker EA emphasizes small per-trade exposure and defined stop levels tied to recent bar structure. The EA is not optimized for high-frequency scalping but instead targets defined breakout moves with moderate trade frequency. Expected performance characteristics include episodic profitable runs interspersed with brief drawdowns; results vary by pair, timeframe, and broker execution. Shaun Mark Featherstone designed the tool for MT4 with an eye on transparency, allowing traders to review trade lists, tweak filters, and measure results on their own accounts before scaling.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Shauns Range Breaker EA running on your MT5 platform
Install Shauns Range Breaker EA by copying the provided .ex4 or .mq4 file into the Experts folder of your MT4 data directory, then restart the platform. Attach the EA to your chosen chart, enable AutoTrading, and verify DLL imports are not required. Configure key parameters: average-bar threshold, RSI filter bands, maximum spread, trade risk percent, and stop/limit rules. Recommended brokers are ECN or STP accounts with tight spreads and low slippage. Optimal chart timeframes are M15 and H1 for balanced trade frequency. Begin with demo forward-testing for at least 4 to 12 weeks, then scale gradually on a small live account.
Download Shauns Range Breaker EA from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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Shauns Range Breaker EA is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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