Pattie Breakout ORB EA
- Experts
- Versione: 1.0
- Attivazioni: 5
Pattie Opening Range Breakout (ORB) is a range of price variation, which for each session, it generates a combination of support and resistance levels, positioning itself in favor of breaking out of the bands, when it is exceeded on the upside is a signal to buy or enter long and when it is exceeded on the downside it is a signal to sell or enter short.Pattie Break Out EA is a specialized trading tool designed to automate time session-based breakouts. The EA operates by drawing a price range box and high/low lines according to the specified input time parameters. When price breaks above the high or below the low of this defined range, the EA automatically executes trades. The system's core functionality focuses on the GBPJPY Breakout between 20:00-01:00 GMT, while its flexible architecture allows adaptation to other time-based strategies like London, New York, Tokyo sessions breakouts through parameter adjustments.
Key features include:
- GBPJPY Range Focus: Hard coded to monitor the 21:00-01:00 GMT window for GBPJPY breakouts, with adjustable range thresholds.
- Traders can modify settings to implement London, New York, Tokyo strategies.
- Dynamic Range Validation: Filters trades based on customizable minimum/maximum range thresholds (default 15-45 pips) to avoid low volatility breakouts.
- Breakout Confirmation: Uses price close and adjustable margin settings (0-5 pips beyond range) to validate signals.
Trading Logic & Entry/Exit
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Entry: Triggers trades when price breaks the session range with confirmation (e.g., closing above/below the range on the M15 timeframe).
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Exit: Utilizes fixed take-profit/stop-loss, trailing stops, or profit protection to secure gains during volatility.
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Fakeout Protection: Avoids false breakouts by requiring price confirmation and filtering trades outside validated ranges.
Risk Management & Customization
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Lot Management: Adjustable position sizing, with optional risk-based lot calculation (1% maximum risk per trade).
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Session-Specific Settings: Customize range times, TP/SL methods, and order limits per strategy (up to 4 simultaneous strategies).
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Visual Alerts: Real-time popup, email, or mobile alerts for breakout signals and trade executions.
Ideal For
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Session Traders: Focused on London/New York overlaps or Asian session reversals.
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Breakout Specialists: Seeking automated ORB strategies with customizable filters.
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Multi-Pair Traders: Optimized for EURJPY, GBPJPY, GBPUSD,GBPAUD, EURUSD, S&P500, BTCUSD, ETHUSD, USDJPY, and other liquid majors.
Time Settings
Range Start Hour: Hour for the start time of the daily range
Range Start Minute: Minute for the start time of the daily range
Range End Hour: Hour for the end time of the daily range
Range End Minute: Minute for the end time of the daily range
Delete Orders Hour: Hour for the expiration time of pending orders
Delete Orders Minute: Minute for the expiration time of pending orders
Close Positions: Decides if open positions are closed at the close position time
Close Positions Hour: Hour for the close time of open positions
Close Positions Minute: Minute for the close time of open positions
Pattie Breakout Robot EA is designed for traders who understand price action dynamics, institutional liquidity patterns, and time-based breakout strategies. While it does not guarantee profits, it provides a systematic, rule-based approach to trading GBPJPY breakouts, with the flexibility to adapt to other session-based strategies through customizable parameters. the EA helps traders align with potential institutional order flow while enforcing disciplined risk management through adjustable stop-loss, take-profit, and lot-sizing rules.
Important Information
Trading involves risk.
Past performance in the Strategy Tester does not guarantee future results.
Proper risk settings and testing on a demo account are recommended before live trading.
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