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Opening Range Breakout EA

An Opening Range Breakout (ORB) EA is an automated trading system that is designed to trade a financial instrument based on a specific strategy called an Opening Range Breakout. The strategy is commonly used by day traders in the financial markets, particularly in the stock market.

The Opening Range Breakout strategy is based on the idea that the first few minutes of the trading day can be particularly volatile, and that a significant move in the price of a stock or other financial instrument can occur during this time. The strategy involves identifying the high and low price range of the first few minutes of the trading day, and then placing buy or sell orders at a certain distance from this range. If the price breaks out of this range, the buy or sell orders are triggered, and the trader can make a profit from the resulting price movement.

The ORB EA automates this strategy by using algorithms to identify the high and low range of the first few minutes of the trading day and placing buy or sell orders based on this range. The EA can be programmed to include additional criteria, such as stop-loss orders, take-profit orders, and other risk management parameters.


Variable Explanation

ORB Day Shift - 0 is current day, 1 is a day before, 2 is 2 days before...

ORB Start Hour,  ORB Start Min - Starting hour and minute of range

ORB End Hour,  ORB End Min - Ending hour and minute of range

PO End Hour, PO End Min - Time to delete PO


Stretch (Buy) - Points to add to Buy PO

Stretch (Sell) - Points to add to Sell PO


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Wir stellen vor       Quantum Trade EA   , der bahnbrechende MQL5-Expertenberater, der die Art und Weise, wie Sie mit dem prestigeträchtigen GBPUSD-Paar handeln, verändert! Quantum Trade wurde von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung entwickelt       EA wurde entwickelt, um Ihre Handelsreise mit seiner innovativen und dynamischen Breakout-Zone-Strategie auf ein neues Niveau zu heben. WICHTIG! Bitte senden Sie mir nach dem Kauf eine private Nachricht, um die Install
Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Experten
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es
Way To Stars MT5
Wei Tu
Experten
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Experten
Darwin SWING Einführungspreis 999 USD , zukünftiger Preis 1490 USD. BESCHREIBUNGEN: -- Um zu verstehen, wie es funktioniert, lesen Sie den Blog (Dieser EA spiegelt meine Philosophie des Devisenhandels wider...Wenn Sie meine Art, die Dinge zu sehen, mögen, dann werden Sie auch meinen EA mögen. Nehmen Sie sich die Zeit dafür!!! (Forex ist kein Rennen): https://www.mql5.com/en/blogs/post/745790 -- Um die vergangene Performance zu sehen hier die Links zu den Signalen. Live- und Demo-
AI NeuroX EA
Denis Kurnev
4.5 (14)
Experten
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Forex GOLD Investor MT5
Lachezar Krastev
4.88 (49)
Experten
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
Gold Energy MT5
Gregory Hay
Experten
Willkommen bei GoldEnergy Advisors, einem aktiven Händler des Paares XAUUSD (GOLD). Von unserem Team entwickelt und verfügbar für reguläre Konten, Konten mit Eigenfinanzierung und selbstgesteuerte Aufgaben. Verwenden Sie kein HFT. See all products here:     https://www.mql5.com/en/users/fxmanagedforexltd/seller ***Vorheriger Versionspreis*** Der durchschnittliche Monatsgewinn in Echtzeit für ein 1.000-Dollar-Konto beträgt über 30 %   :   https://www.mql5.com/es/signals/2212389 Das GoldEnergy-Sys
DaVinci Code EA
Shintaseftiana
3.4 (5)
Experten
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Hercules AI
Aleksandr Chebotaev
5 (4)
Experten
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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News Manager Free
Dua Yong Rew
Utilitys
This EA will read news from MQL website and create global variable to indicate if there is a news reported within the specified time frame. You can then read these global variable in your EA to filter out trades. Global variable format - News_CHF, News_EUR, News_GBP, News_JPY and News_USD If value is 0 means no news. If value is 1 means there is news reported within the specified time frame. Please comment to give suggestion to improve it.
FREE
Health Check
Dua Yong Rew
Utilitys
Send periodic (Health Check) notification from your MT4 terminal to your mobile phone to be sure that your MT4 terminal is still running. When you did not receive the notification, it means that your terminal is unavailable. Optional information like Account Equity and Trading Pairs are also available. Notification Period - 1 Hour, 2 Hours, 4 Hours, 8 Hours, 12 Hours, 24 Hours Attach EA to any H1 chart
Tails
Dua Yong Rew
Indikatoren
Tails is an indicator that predicts where the price will rebound and reach in a day candle. This indicator does not repaint and is to be used in time frames below D1. By default, the indicator will plot two support and two resistance lines. If needed, you can set the extended levels to "true" to show three support and three resistance lines. Input Parameters Extended_Levels - show extended levels in the chart; Clr_Support - color for the support lines; Clr_Resistance - color for the resistance
Advance BreakOut Scalper
Dua Yong Rew
Experten
The Advanced BreakOut Scalper is an effective trading system with predetermined Take Profit, Stop Loss, and Trailing Stop settings. As the name implies, its strategy is trading breakouts. It is professionally coded and runs quickly in backtesting or optimization mode. It does not employ grid, martingale, averaging, or any other risky money management strategies. It is recommended to use a tight spread broker, preferably an ECN broker with good liquidity. For a list of brokers that work well
Night Scalper EU
Dua Yong Rew
5 (1)
Experten
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Tails EA
Dua Yong Rew
Experten
Tails EA is not intended to do live trading, but rather to serve as a demonstration tool to show the power of the Tails Indicator and to help find the correct offset for a specific currency pair. A signal is taken when the price level breaches SR level 1 and the trade is reversed. Tails indicator here Tails is an indicator that predicts where the price will rebound and reach in a day candle. This indicator does not repaint and is to be used in time frames below D1. Support Telegram   https
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Version 1.12 2023.09.27
able to look into previous day start hour
Version 1.11 2023.09.26
Bug fixes
Version 1.1 2023.09.24
Speed improvements