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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Loophole System è un sistema di scalping di fascia media per coppie di valute in grado di prendere decisioni basate su una connessione persistente al Currency Strength Meter globale. IMPORTANTE! Contattami dopo l'acquisto per istruzioni dettagliate e complete! Il prezzo attuale sarà aumentato. Prezzo limitato nel tempo: 79 USD Trading a colpo singolo solamente. Mai griglia o martingala. Uscite intelligenti con trailing stop che si adattano alla volatilità giornaliera Il Currency Strength Meter
Scalp On Scalp Off MT4
Connor Michael Woodson
FastBull Market Sentiment è un feed di dati che aggrega migliaia di posizioni per un valore totale dei conti superiore a 500 milioni di USD. Scalp On Scalp Off è in grado di recuperare istantaneamente questi dati tramite integrazione API diretta e di utilizzarli durante l'esecuzione delle operazioni. Il sentiment di mercato viene visualizzato direttamente sul grafico in un pannello personalizzabile e intuitivo. Segnale in tempo reale: CLICCA QUI Operazioni singole gestite senza l’utilizzo di gr
EA Games Changer
Tjia Elisabeth Jasmine Canadi
5 (4)
AI Games Changer – Sistema di media multicoppia + copertura (direzionale intelligente esteso) Versione: Interfaccia utente interattiva perfezionata - MT4 (corretta) Sviluppatore: CyberBot Project P R E P A R A T II O N Ecco la filosofia di Games Changer: se il trading è un gioco d'azzardo, abbraccialo con intelligenza. Attivando fino a 20 coppie contemporaneamente, i pattern di prezzo complementari creano un punto di equilibrio stabile, di gran lunga superiore all'affidament
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
BUY 1 and GET 1 FREE - Promotion! Buy WallStreet Recovery PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and ti
GOLD Edge PRO
Hideki Nakajima
4.86 (7)
Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle all t
AFTrade Scalper MT4 EA
Achmad Fathoni
5 (2)
AFTrade Scalper EA is an automated trading robot designed for XAUUSD using a breakout-based scalping approach. The EA focuses on very short-term opportunities with controlled risk management, fixed lot options, trading session filters, and a three-stage trailing stop system consisting of Trailing Start, Trailing Stop, and Trailing Step. No grid and no martingale, every trade has a defined Take Profit and Stop Loss. Please see below live signal of this EA : Live Signal Broker IC Markets (startin
EA Spectr
Fanur Galamov
4.9 (20)
EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered by stop loss and take profit levels. The EA does not use grid, mart
Versione MT4: https://www.mql5.com/en/market/product/90950 Versione MT5: https://www.mql5.com/en/market/product/93706 Rebate Hunter – EA con griglia di copertura multi-coppia (Dinamico Adattivo) Rebate Hunter è un Expert Advisor con griglia di copertura multi-coppia progettato per generare un volume di trading costante, puntando al contempo a un profitto controllato del paniere. L'EA apre simultaneamente le posizioni di acquisto e vendita (ingresso coperto), quindi gestisce le posizioni utili
EA Gold Stuff
Vasiliy Strukov
4.7 (1090)
EA Gold Stuff è un Expert Advisor progettato specificamente per il trading di oro. L'operazione si basa sull'apertura degli ordini utilizzando l'indicatore Gold Stuff, quindi l'EA lavora secondo la strategia "Trend Follow", che significa seguire la tendenza. I risultati in tempo reale possono essere visualizzati qui.  Puoi ottenere una copia gratuita del nostro indicatore Strong Support e Trend Scanner, per favore scrivi in ​​privato. M Contattami subito dopo l'acquisto per avere le impostazio
Altri dall’autore
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
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. Advanced Version The Trading Idea The core of this strategy is simple: many of the day's biggest move
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 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
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
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
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