RangeState setup guide

Choose, configure, test, then monitor.

RangeState automates configured trading rules inside MetaTrader. This guide explains the essential preparation without assuming you already know the product or its terminology.

Before automated trading

Follow these six steps

Choose Core, Core Hybrid, or Sovereign using the product comparison.
Download the files made for your platform: MetaTrader 4 or MetaTrader 5.
Load a ready-made configuration for that same product and platform, or configure the inputs yourself.
Check your broker's symbol name, contract size, spread, minimum lot, and trading permissions.
Run the configuration in Strategy Tester and then on a demo account before considering live use.
Monitor open trades, recovery status, risk limits, and terminal messages while the EA operates.

Product choice

Core and Core Hybrid are different

Core is the focused product. Core Hybrid adds a system for tracking a range basket and handing its recovery to a sequential trend route when configured conditions are met.

No range trade?

A market condition is not an entry signal

The EA can classify a market as ranging without opening a trade. The selected range strategy must still meet its entry rules, and existing exposure or recovery may block a new position.

Changing products

Finish active trades first

Do not replace one EA with another while it has open trades, pending orders, or an unfinished recovery cycle. Switch only after the relevant product and symbol are fully clear.

Plain-language glossary

Key MetaTrader terms

Expert Advisor

Software that runs inside MetaTrader and can monitor, place, and manage trades using configured rules.

Configuration file

A saved collection of input settings. MetaTrader commonly calls this a preset or .set file.

Strategy Tester

MetaTrader's built-in environment for simulating an EA against historical market data.

Trade identifier

A number used by an EA to distinguish its own trades. MetaTrader commonly calls this a magic number.

When something looks wrong

Capture a reproducible example

Record the RangeState product, MT4 or MT5, configuration filename, broker, symbol, timeframe, test dates, account size, and what you expected to happen.

Include the relevant terminal or Strategy Tester messages. Never include account passwords, API keys, payment details, or other secrets.

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