In our review, we analyzed the Range Breakout EA through both the developer's live account and extensive five-year backtests using 100% real ticks. The live account, which started in November 2024, shows a steady growth pattern with a maximum drawdown of 34%. This performance is characteristic of a true breakout strategy, where equity lines may not be as smooth as a grid system, but the underlying edge remains consistent.
When running your own tests, we suggest using the backtester to evaluate different settings for your specific broker and symbol. While we use fixed lot sizes for our testing, the EA offers advanced options like spread filters and drawdown protection. It is essential to run your own backtests to see how the drawdown affects your specific balance before going live. You can monitor your progress and verify these results using an Account Tracker.