ORB Sentinel EA
- Experts
- Version: 2.12
- Activations: 8
ORB Sentinel EA is an automated trading system designed to trade market open volatility, keeping risk management and capital protection as primary priorities.
The system is based on the well-known Opening Range Breakout strategy. The EA scans the initial market liquidity, identifies the support and resistance levels of the range, and looks to trade directional breakouts.
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Focus on Risk Management: The most common risk when trading breakouts are false signals. To mitigate this, the EA features specific control tools:
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Market Filters: The algorithm integrates volatility (ATR) and trend (ADX) filters. If the market does not present the configured minimum volatility or trend, the system does not allow entry.
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Daily Loss Limit (Daily Stop): You can define a maximum loss limit per day. The EA calculates closed trades and floating loss in real-time. If the predefined limit is reached, trading stops until the next day to protect the account.
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Time Control: Includes a forced close function (Hard Close) at a specific time, designed to avoid keeping trades open during periods of low liquidity or rollover.
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Main Features:
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Automatic Detection: Identifies and draws the opening range levels on the chart.
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Visual Dashboard: Displays the range status, volatility/trend filter readings, and current loss level (Drawdown) relative to the daily safety limit. It can be disabled for faster optimizations.
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Trailing Stop: Optional function to manage the position and move the stop loss as the price advances.
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Recovery Module (optional): Configurable loss recovery system using a volume multiplier (martingale).
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Automatic Lot Calculation: The EA can calculate the position size automatically based on the defined risk per micro lot.
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Configuration Recommendations:
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Symbols: Oriented towards major currency pairs (USDJPY default settings, EURUSD, GBPUSD...) and stock indices (US30, NAS100, DAX40...) during the opens of their respective sessions.
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Timeframe: Designed for execution on lower timeframes after the initial range formation.
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Infrastructure: Using an ECN broker with tight spreads and running the terminal on a VPS is recommended to ensure the proper functioning of time-based closures.
- Minimum deposit: Although there is no general requirement since each configuration is different, for the default parameters (USDJPY on H1), a balance of at least 3200 base currency units is recommended for the proper functioning of risk management.
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Notice: ORB Sentinel EA is an algorithmic trading tool. We recommend thoroughly testing the system on a Demo account to understand how its filters work and correctly adjust the schedules according to your server's time zone before using it on a live account.
