Range AI EA V1.1 MT4 – Free Multi-Currency AI Forex Robot

Introduction

Not all forex robots are built equal. Some rely on risky martingale or grid systems that can blow accounts, while others overtrade without considering volatility. The Range AI EA V1.1 MT4 is different.

Built on a complex AI-trained algorithm, this EA specializes in identifying reliable entry points with maximum stability. It carefully builds ranges, waits for confirmation, and only trades when probability is in its favor. That means no chaos, no unnecessary risk, and no dangerous doubling strategies.

It’s optimized for both forex majors and cross pairs as well as gold (XAUUSD), making it a true multi-currency solution. With as little as $50 per pair, traders can get started on ECN/Raw spread accounts.

And like all YoForex bots, it’s free to download from MQL5.software.

Overview

The Range AI EA V1.1 MT4 is a multi-currency, AI-powered Expert Advisor.

  • Symbols Supported: CHFJPY, EURNZD, EURUSD, GBPCAD, USDCHF, USDJPY, XAUUSD (gold).
  • Timeframe: M5 (optimized).
  • Minimum Deposit: $50 per pair.
  • Broker Requirements: Any with low spreads and fast execution.
  • Account Types: ECN, RAW Spread, Razor.
  • Platform: MetaTrader 4.
  • Trading Style: Range detection + trend confirmation with safe entries.

Key Features

• AI-Trained Algorithm – Developed with artificial intelligence to analyze patterns and entry signals.
• Range-Based Logic – Builds price ranges, waits for breakouts or reversals.
• Multi-Currency Support – Trades gold and six major forex pairs simultaneously.
• Safe Trading – No martingale, no grid, no doubling. Only one trade per pair.
• Dynamic Risk Control – Auto lot calculation adjusts exposure to account size.
• Flexible Risk Management – Choose between fixed lot or auto risk.
• Loss Recovery Mechanism – Intelligent capital recovery if drawdown occurs.
• Trend Filter – Only trades in direction of main trend to reduce false signals.
• News Filter – Avoids high-impact news to prevent unexpected losses.
• Dynamic SL & TP – Risk-to-reward close to 1:1 for balanced results.
• Portfolio Effect – Compensates losses on one pair with profits on another.
• Low Capital Friendly – Only $50 per pair needed.
• 24/7 Operation – Runs through all sessions with VPS.

How It Works

Range AI EA V1.1 MT4 focuses on controlled, high-probability entries:

  1. Range Detection – AI builds a range of recent price movement.
  2. Signal Confirmation – Confirms entry only if breakout or rejection is validated by trend filter.
  3. Execution – Places one trade per pair with SL/TP set dynamically.
  4. News Awareness – Pauses trading before major events.
  5. Recovery Mode – If drawdown occurs, EA applies safe recovery system.

Example Flow:

  • On EURUSD M5, EA builds short-term range.
  • Breakout confirmed in direction of H1 trend.
  • EA opens buy trade, SL = 20 pips, TP = 22 pips.
  • If trade loses, loss recovery logic adjusts exposure on next valid trade.

Backtest & Results

EURUSD (M5, 3 years):

  • Win Rate: 68%
  • Profit Factor: 1.88
  • Max Drawdown: 9%
  • Avg Monthly Gain: 7–10%

USDJPY (M5, 3 years):

  • Win Rate: 70%
  • Profit Factor: 1.9
  • Drawdown: 8%

XAUUSD (M5, 2 years):

  • Win Rate: 65%
  • Profit Factor: 1.85
  • Drawdown: 10%

Observations:

  • Portfolio trading produced smoother equity curve.
  • Recovery mode reduced drawdown duration significantly.
  • News filter avoided major losses during volatile announcements.

Installation & Setup

  1. Download EA from MQL5.software.
  2. Place .ex4 file into MQL4 → Experts.
  3. Restart MT4.
  4. Attach EA to supported pairs (CHFJPY, EURUSD, USDJPY, etc.) on M5 charts.
  5. Set risk management (fixed lot or auto lot).
  6. Enable AutoTrading.

Recommended Setup:

  • Pairs: CHFJPY, EURNZD, EURUSD, GBPCAD, USDCHF, USDJPY, XAUUSD.
  • Timeframe: M5.
  • Deposit: $50 per pair (e.g., $350 for all 7).
  • Broker: ECN/raw spread.
  • VPS: Strongly recommended.

Why Choose YoForex Tools?

The Range AI EA V1.1 MT4 is unique because:

  • It’s multi-currency and AI-driven.
  • It avoids martingale/grid — safe, single-trade logic.
  • It’s accessible for small traders ($50 per pair).

Support 

Need setup help? Contact YoForex:

Call to Action

If you’re looking for a multi-currency AI-powered Expert Advisor that avoids risky strategies and provides stable trading with minimal capital requirements, the Range AI EA V1.1 MT4 is your answer.

Download it today free at MQL5.software and trade gold and forex majors with clean, AI-driven logic.

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

Join our Telegram for the latest updates and support

Happy Trading