RRange trading is a strategy whereby a trader identifies overbought and oversold areas (or support and resistance areas) and buys at the oversold area (support) and sells at the overbought area (resistance). The strategy works well in markets that are meandering up and down with no discernable long-term trend.
Ranger is EA tool which helps set various parameters for range trading in various products across multiple accounts with the help of Multi Account Manager (MAM). Please contact us for more information on this product.