Introduction


Looking for a reliable MT4 expert advisor that’s specialized for GBPCAD and AUDCAD? Ranger EA V3.0 MT4 could be exactly what you need. Developed by YoForex’s team and released as a free ForexFactory EA, it comes complete with backtested setfiles and default settings tuned to deliver high-probability signals. Whether you’re a seasoned trader or just dipping your toes into automated trading, Ranger EA V3.0 MT4 empowers you with precision entries, disciplined risk management, and seamless MetaTrader 4 integration.


Key Features


• Advanced Algorithmic Trading – Ranger EA V3.0 MT4 uses machine-learning patterns to adapt on the fly, identifying optimal entry and exit points on GBPCAD M30 and AUDCAD H1.
• Real-Time Market Analysis – Built-in scanners monitor volatility and trend strength in real time, so the EA reacts instantly to shifting market conditions.
• Customizable Risk Controls – Adjust lot sizes, stop losses, take profits, and max drawdown limits to suit your risk appetite—no dangerous martingale or grid strategies here.
• Money Management Suite – Features fixed-fractional sizing, equity-based lot adjustments, and dynamic trailing stops to protect profits.
• Setfile for GBPCAD M30 – Pre-optimized parameters from five years of tick-data backtests, balancing return and drawdown.
• Default AUDCAD H1 Profile – No extra setfile needed; defaults are already fine-tuned for this pair.
• Seamless MT4 Integration – Copy the .ex4 into your MQL4/Experts folder, load the setfile into MQL4/Presets, and you’re ready to trade in minutes.


Ranger EA V3.0 MT4


GBPCAD M30 Setfile


The included GBPCAD M30 setfile was stress-tested across multiple market regimes. To load it:



  1. Download the .set file from the ForexFactory thread.

  2. Copy it to MQL4/Presets.

  3. Attach Ranger EA V3.0 MT4 to a GBPCAD M30 chart.

  4. In the EA’s Inputs tab, click “Load” and select GBPCAD_M30.set.


Default AUDCAD H1 Settings


For AUDCAD on the H1 timeframe, simply attach Ranger EA V3.0 MT4 to the chart with auto-trading enabled. The default parameters have been optimized for volatility and spread conditions on this pair—so no separate setfile is required.


How It Works



  1. Trend Detection – Uses moving average and volatility filters to confirm a strong directional bias.

  2. Signal Confirmation – Multiple price-action indicators converge before a trade is triggered.

  3. Dynamic Entries & Exits – Orders are sliced into smaller tranches for better fill prices, with partial profit-taking and trailing stops.

  4. Safety Mechanisms – Equity-protection rules pause trading if drawdown thresholds are hit.


Backtest & Live Performance


Extensive backtests over five years of tick data on GBPCAD show an annualized return of ~22% with a maximum drawdown under 8%. In parallel, YoForex’s live account trials on both GBPCAD and AUDCAD have recorded steady monthly gains of 1–2%, proving the EA’s reliability in real-world conditions.


Ranger EA V3.0 MT4


Installation Guide



  1. Download the Ranger EA V3.0 MT4.ex4 and GBPCAD_M30.set from the ForexFactory.cc thread.

  2. Copy Ranger EA V3.0 MT4.ex4 to MQL4/Experts and GBPCAD_M30.set to MQL4/Presets.

  3. Restart MT4 and locate Ranger EA V3.0 MT4 in Navigator → Expert Advisors.

  4. Drag it onto your GBPCAD M30 or AUDCAD H1 chart.

  5. Load the GBPCAD setfile if trading GBPCAD; defaults apply for AUDCAD.

  6. Enable AutoTrading and monitor from the Experts & Journal tabs.


Why Ranger EA V3.0 MT4 Stands Out


Unlike one-size-fits-all bots, this MT4 expert advisor focuses on two high-liquidity pairs. That specialization reduces noise and hones in on the best trading opportunities. Combined with YoForex’s transparent reporting and zero-martingale approach, Ranger EA V3.0 MT4 offers a balanced path to growth and capital preservation.


Support & Updates


Got questions or need help? Join the discussion in the ForexFactory thread or reach out via:



Enjoy free lifetime updates—our team continuously optimizes parameters to adapt to evolving market dynamics.


Conclusion


Ranger EA V3.0 MT4 with its GBPCAD setfile and default AUDCAD profile is your ticket to automated trading confidence. With AI-driven entries, robust risk controls, and dedicated support, you’ll be set up to trade smarter on MetaTrader 4.


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Happy Trading