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Opening Range Breakout EA MT4

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Published: 12 January 2026

Current version: 1.1

Opening Range Breakout EA MT4

Experts
Josef Vobejda
Josef Vobejda
Czech Republic

11410
4.8 (10)
13 products 1 topic 4 comments
Version: 1.1
Updated: 25 March 2026

Opening Range Breakout EA is a focused trading robot that automates one of the most effective intraday strategies: trading the session breakout. It operates by observing the market during its initial, quiet phase to establish the opening range. Once that range is defined, the EA is ready to enter a trade the moment price action confirms a breakout, helping you ride the volatility that follows.

The Trading Idea

The core of this strategy is simple: many of the day's biggest moves begin when the market breaks free from its initial consolidation. This EA provides an automated way to watch the market's initial behavior and execute a trade precisely upon the breakout, ensuring you capture the move only when true momentum is present.

It uses classic, structured breakout logic and does not incorporate high-risk techniques like Martingale or Grid systems.

What This EA Does:

Identifies the Range: You set the time window (e.g., the first 30 minutes of the New York session), and the EA automatically establishes the highest and lowest points of that period.

Direct Breakout Execution: The EA monitors the range boundaries and executes a market order directly when the price moves decisively above the high or below the low.

Essential Risk Management: You can easily define your necessary Stop Loss and Take Profit levels to manage the risk of each trade.

Customizable Session Times: You control the start and end times for range calculation and trade execution, allowing you to adapt the strategy to different market sessions and instruments.

MT5 version here.

Input parameters:

Magic number – Unique EA identification number
Time shift – Timezone shift in hours; a value of 1 adds one hour to all time calculations
Range color – Color used to draw the range
Range color fill - Fill the range area with color
Trade both sides? – Enable trading in both directions of one range
Entry offset – Distance in points added to entry price towards outside of the range
Range starting hour – Hour when range starts
Range starting minute – Minute when range starts
Range ending hour – Hour when range ends
Range ending minute – Minute when range ends
Stop trading after specific time? – Disable trading and close all orders after a set time
Trading end hour – Hour to stop trading
Trading end minute – Minute to stop trading
Other range side stop loss - Stop loss at the opposite side of the range
Stop loss in points - Stop loss distance in points (if range sl is set to false)
Take profit in points - Take profit distance in points
Lotsize - Fixed lot size per trade
Lotsize percent - Lot size as a percentage of balance (if Lotsize is set to 0)

If you find Opening Range Breakout EA useful, please consider rating it.
Whenever you have ideas or suggestions for improvement, please contact me.

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Screenshot #1 Opening Range Breakout EA MT4

Screenshot #2 Opening Range Breakout EA MT4

Screenshot #3 Opening Range Breakout EA MT4

Screenshot #4 Opening Range Breakout EA MT4

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Fair Value Gap Finder detects fair value gaps and generates a signal when price returns to one. Set the minimum and maximum fvg size, customize the colors, style, and length, then let the indicator highlight them for you. Key Features: Automatic FVG highlights - The indicator detects all fair value gaps that fit your criteria and marks them on the chart. Entry Signal - A signal is created whenever price retests a fair value gap. Notification - Alerts notify you when a fair value gap or a new

FREE

Range Breakout Master is a comprehensive Expert Advisor designed to capture the full potential of range breakout and fakeout trading, one of the most reliable and widely used concepts in intraday technical trading. Built on transparent, rule-based logic with no martingale and no grid, it covers every aspect of breakout and fakeout trading - from range formation and entry logic through trade management and risk control. Its high versatility and large number of customizable inputs make it adaptab

100 USD

FREE

Market Trading Sessions is an indicator that identifies major market sessions such as: London (09:00 - 18:00 UTC+2) New York (15:00 - 00:00 UTC+2) Sydney (23:00 - 8:00 UTC+2) Tokyo (02:00 - 11:00 UTC+2) It displays each session’s start and end times, along with its high and low, providing traders with a clearer view of price volatility throughout the day. The indicator offers high customizability, allowing you to adjust session times and modify the plotting style to match your preference. If yo

FREE

100 USD

SMC Market Structure Pro is the advanced version of SMC Market Structure, built for traders who want deeper structural analysis, multi-timeframe context, and real-time notifications — all from a single indicator. Free Lite version MT5 version What it detects The indicator automatically identifies and draws: Break of Structure (BoS) – Signals trend continuation Change of Character (CHoCH) – Indicates a potential trend reversal Internal BoS (iBoS) – Break of structure within the current s

50 USD

ICT Silver Bullet Indicator is designed to make trading the Silver Bullet strategy easier and more efficient. It combines all key parts of the ICT Silver Bullet method and highlights them on the chart, so you can focus on placing trades. Each feature is highly customizable, allowing you to adjust settings and visuals to match your trading style and preferences. The control panel lets you quickly hide or show specific tools for clearer analysis. The indicator also includes an alert system that n

49 USD

Centurix is a portfolio-based Gold EA for XAUUSD, built for traders who want steady growth without taking reckless risks. A centurion commanded a disciplined unit of soldiers. Centurix commands a disciplined unit of 35 breakout strategies - all on one chart, all following the same strict risk rules. Each strategy looks for its own opportunities, and together they create a smoother, more balanced equity curve than any single system could. No single strategy decides your result - the portfolio d

199 USD

SMC Market Structure Pro is the advanced version of SMC Market Structure, built for traders who want deeper structural analysis, multi-timeframe context, and real-time notifications — all from a single indicator. Free Lite version MT4 version What it detects The indicator automatically identifies and draws: Break of Structure (BoS) – Signals trend continuation Change of Character (CHoCH) – Indicates a potential trend reversal Internal BoS (iBoS) – Break of structure within the current swing, s

50 USD

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Opening Range Breakout EA MT4

Josef Vobejda

The Trading Idea

What This EA Does:

Input parameters: