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Rango is a multi-currency expert advisor for MetaTrader 5 that can trade up to 28 forex pairs from a single chart. It includes a spread filter, trading hours, a correlation check, several lot-sizing modes and an optional recovery mode.
Get one message the moment it launches, with its price.
Rango is an expert advisor for MetaTrader 5 that runs a multi-currency approach from a single chart. It combines pattern and indicator calculations to look for entries, then manages open trades with take profit, stop loss and an optional trailing stop.
Rango scans the forex pairs you select and opens a position when its conditions are met on a pair. The exact entry rules are not published in detail, so treat it as a rules-based black box and judge it by testing on a demo account. Several protective features sit around the entry logic:
The expert is built around up to 28 forex pairs made from the major currencies, including the dollar, euro, pound, yen, Swiss franc and the Australian, New Zealand and Canadian dollars. Attach it to an H1 chart of any one of those pairs. Every pair you want it to trade must be visible in Market Watch, otherwise it cannot read prices for that symbol. Suffix handling is built in, but confirm on a demo account that your broker's symbol names are recognised.
The main inputs are grouped as follows. Other inputs exist, such as the spread limit, trading hours, take profit, stop loss and trailing stop, so open the input tab and read each description before running it.
| Input | Purpose |
|---|---|
| Symbols | ALL, CURRENT, one pair, or a list separated by the | character |
| Maximum symbols at once | Limits how many pairs may hold open trades together |
| Correlation check | Prevents stacking trades on pairs that share a currency in the same direction |
| Money management | Fix, Auto or Risk lot sizing |
| Amount | Lot size for Fix, equity step for Auto, or risk percent for Risk |
| Initial lot | Starting volume when Auto is selected |
| Recovery mode | Optional mode with its own stop loss value |
With Fix you enter a constant volume such as 0.01. With Auto the volume steps up by 0.01 for each block of equity you define. With Risk the volume is based on a percentage of free margin. Pick the mode and amount to suit your account size, and be cautious with recovery mode, which changes how stops are applied.
Trading carries risk and you can lose part or all of your deposit. Past results, including any live signal history or backtest, do not predict future ones. Run Rango on a demo account first and size positions you can afford.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Signals, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Fully automated expert advisor |
| Markets | Forex majors, minors and crosses, up to 28 pairs |
| Timeframe | Attach to an H1 chart, then choose pairs in the inputs |
| Trade style | Multi-currency, pattern and indicator based entries |
| Lot sizing | Fixed lot, equity-based (Auto) or percent of free margin (Risk) |
| Suggested leverage | 1:100 or higher |
| Requirements | All traded pairs visible in Market Watch; VPS advised |
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Attach one copy to the chart of any of the supported pairs on the H1 timeframe. The expert then trades the pairs you list in its symbol input, so you do not need a separate chart for each pair.
The product is described as handling broker suffixes automatically. Even so, every pair you want to trade must be shown in Market Watch, so check that your broker offers each pair and that the names resolve correctly on a demo account first.
This listing is for MetaTrader 5 only. An MT4 terminal cannot run it, and you should not expect the MT4 file format to work in place of it.
The developer suggests leverage of 1:100 or more and a balance of around 300 USD, as long as it fits the money management mode you pick. Smaller balances, wide spreads or trading many pairs at once raise the margin load, so test on a demo account and check your broker's conditions before going live.
Yes, but a multi-pair test is heavy on calculation and can take a very long time on an ordinary computer. A cloud or remote testing setup can help. Backtests are only an approximation and do not predict live results.
Yes. The symbol input accepts ALL, CURRENT for the chart's own pair, a single pair name, or a list of names separated by the | character. Check the input description in the terminal for how many pairs ALL covers on your version.
Rango MT5
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