Opening Range Breakout EA MT4

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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Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
XG Gold Robot MT4
MQL TOOLS SL
4.33 (39)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Gold Pulse EA è un Expert Advisor multi-strategia che combina tre sistemi di trading in un unico framework strutturato e disciplinato. Progettato specificamente per l'oro (XAUUSD), si adatta alle diverse condizioni di mercato utilizzando un mix di swing trading intraday, esecuzione a sessione e strategie di range giornaliero. Questo crea un approccio di trading automatizzato più equilibrato e coerente, senza dipendere da un'unica configurazione. Realizzato con la semplicità in mente, Gold Puls
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
AI Forex Robot MT4
MQL TOOLS SL
4.29 (17)
AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
GoldPro
Sergey Batudayev
5 (2)
GoldPro (MT4) — Consulente esperto XAUUSD con 2 modalità selezionabili: Classica e Scalping GoldPro è un sistema di trading automatizzato per   XAUUSD (oro)   pensato per i trader che desiderano struttura, chiari controlli del rischio e un EA in grado di funzionare in diversi ritmi di mercato. All'interno di un EA puoi scegliere   come operare   : 1) Modalità classica: logica calma per swing e pullback Un approccio classico incentrato sul comportamento di inversione/reversione alla media (ingres
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Sistema di trading automatico professionale XGen Scalper è un Expert Advisor all'avanguardia che combina un'analisi tecnica comprovata con una struttura algoritmica avanzata per offrire risultati coerenti su tutti i mercati. Questo potente sistema di trading funziona senza problemi su coppie forex, metalli preziosi come oro e argento, criptovalute e indici delle materie prime. Tecnologia algoritmica avanzata L'algoritmo di scansione delle onde brevettato elabora i dati di
HFT Prop Firm EA
Dilwyn Tng
4.96 (632)
HFT Prop Firm EA, noto anche come Green Man per via del suo logo distintivo, è un Expert Advisor (EA) progettato specificamente per superare le sfide o le valutazioni delle società di trading proprietarie (prop firms) che consentono strategie di trading ad alta frequenza (HFT). Per un periodo limitato: utilità gratuite del valore di $198 quando acquisti HFT Prop Firm EA Versione MT5: https://www.mql5.com/en/market/product/117386 Monitoraggio delle prestazioni della sfida HFT (a partire da $200):
EA 22 Pairs
Tjia Elisabeth Jasmine Canadi
EA 22 Pairs – MultiPair Averaging + Hedge System (Smart Directional Extended) LANCIO PROMOZIONALE — Cercasi recensori a 5 stelle! Prezzo a vita per 6 mesi. Quota limitata. Affrettati! Accesso a vita solo +1 centesimo dal prezzo di 6 mesi — assicurati la proprietà permanente a un prezzo introduttivo imbattibile prima che torni al suo valore di vita intero! Versione: Interfaccia utente interattiva perfezionata - MT4 (corretta) Sviluppatore: CyberBot Project P R E P A R A T II
Altri dall’autore
The SMC Market Structure indicator tracks key price action shifts using Smart Money Concepts (SMC), helping traders identify institutional behavior and overall trend direction. Pro version MT4 version It automatically detects and displays: Break of Structure (BOS) – Signals continuation of trend Change of Character (CHOCH) – Indicates potential reversal Swing Highs and Lows – Used to define market structure and directional bias Each structural event is clearly marked on the chart, allowing trade
FREE
The   SMC Market Structure   indicator tracks key price action shifts using Smart Money Concepts (SMC), helping traders identify institutional behavior and overall trend direction. Pro version MT5 version It automatically detects and displays: Break of Structure (BOS)   – Signals continuation of trend Change of Character (CHOCH)   – Indicates potential reversal Swing Highs and Lows   – Used to define market structure and directional bias Each structural event is clearly marked on the chart, allo
FREE
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 m
FREE
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
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
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
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
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
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
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