Opening Range Breakout EA

  • Experts
  • Dua Yong Rew
    Dua Yong Rew

    Dua Yong Rew

    4.5 (2)
    For success in trading, a solid strategy or EA is essential. Additionally, choosing the right broker is crucial for a smooth journey. Here are the brokers I have traded with and successfully withdrawn funds from.
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    7 prodotti 249 argomenti 1271 commenti
  • Versione: 1.12
  • Aggiornato: 27 settembre 2023
  • Attivazioni: 5

An Opening Range Breakout (ORB) EA is an automated trading system that is designed to trade a financial instrument based on a specific strategy called an Opening Range Breakout. The strategy is commonly used by day traders in the financial markets, particularly in the stock market.

The Opening Range Breakout strategy is based on the idea that the first few minutes of the trading day can be particularly volatile, and that a significant move in the price of a stock or other financial instrument can occur during this time. The strategy involves identifying the high and low price range of the first few minutes of the trading day, and then placing buy or sell orders at a certain distance from this range. If the price breaks out of this range, the buy or sell orders are triggered, and the trader can make a profit from the resulting price movement.

The ORB EA automates this strategy by using algorithms to identify the high and low range of the first few minutes of the trading day and placing buy or sell orders based on this range. The EA can be programmed to include additional criteria, such as stop-loss orders, take-profit orders, and other risk management parameters.


Variable Explanation

ORB Day Shift - 0 is current day, 1 is a day before, 2 is 2 days before...

ORB Start Hour,  ORB Start Min - Starting hour and minute of range

ORB End Hour,  ORB End Min - Ending hour and minute of range

PO End Hour, PO End Min - Time to delete PO


Stretch (Buy) - Points to add to Buy PO

Stretch (Sell) - Points to add to Sell PO


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Adam Hrncir
4.88 (41)
Experts
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499 for a limited time  before the regular $599 price kicks in. Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, B
XG Gold Robot MT5
MQL TOOLS SL
4.26 (111)
Experts
The XG Gold Robot MT5 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 Action, Cycle S
SixtyNine EA
Farzad Saadatinia
5 (3)
Experts
SixtyNine EA – Un Expert Advisor Gold per MetaTrader 5, con 6 livelli strategici integrati, Stop Loss predefinito su ogni operazione e una struttura di trading pulita senza Martingale, sistemi Recovery o Grid Trading. Segnale Live Pubblico: Capitale iniziale $500, Lotto fisso 0.02, Crescita 500%+, 20 settimane Live Il segnale live pubblico è il principale punto di riferimento per dimostrare le prestazioni di SixtyNine EA . Il conto è partito con un saldo di $500 , utilizzando un lotto fisso di
Quantum Bitcoin EA
Bogdan Ion Puscasu
4.83 (126)
Experts
Quantum Bitcoin EA   : niente è impossibile, è solo questione di capire come farlo! Entra nel futuro del trading   di Bitcoin   con   Quantum Bitcoin EA   , l'ultimo capolavoro di uno dei migliori venditori di MQL5. Progettato per i trader che richiedono prestazioni, precisione e stabilità, Quantum Bitcoin ridefinisce ciò che è possibile nel mondo volatile delle criptovalute. IMPORTANTE!   Dopo l'acquisto, inviami un messaggio privato per ricevere il manuale di installazione e le istruzioni d
Gold Neural Core
TICK STACK LTD
5 (1)
Experts
Gold Neural Core — Hyper-Scalping Grid System for XAUUSD Learn how I personally manage risk when using grid systems:  https://www.mql5.com/en/blogs/post/767250 Join my open group for questions related to any of my products:  https://www.mql5.com/en/messages/014beab2560cdc01 Read the user guide to any TickStack grid system:  https://www.mql5.com/en/blogs/post/767232 Gold Neural Core is a high-frequency grid trading system engineered specifically for gold (XAUUSD), combining momentum and trend-bas
Impulse MT5
Simon Reeves
5 (13)
Experts
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Launch offer: 30% off until 26th July   — to celebrate the v2.00 release, Impulse is available at a 30% discount. On 16th July the price reverts to $499, so grab it while the offer lasts. Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates
Pulse Engine
Jimmy Peter Eriksson
3.94 (34)
Experts
AGGIORNAMENTO - RIMANGONO SOLO POCHE COPIE A QUESTO PREZZO! L'obiettivo principale di questo sistema è garantire prestazioni ottimali a lungo termine senza ricorrere a strategie di martingala o a griglie rischiose.  COPIE MOLTO LIMITATE AL PREZZO ATTUALE Prezzo finale $1499 [Segnale in diretta]    |    [Risultati del backtest]    |    [Guida all'installazione]    |    [Risultati FTMO] Un approccio diverso al trading Pulse Engine non utilizza indicatori o intervalli temporali specifici. Il suo a
Byrdi
William Brandon Autry
5 (19)
Experts
BYRDI. Intelligenza di trading a maglia multi-asset. La maggior parte degli EA opera su un grafico alla volta. BYRDI fa girare una rete. Ogni grafico diventa un nodo. Ogni nodo può operare il proprio simbolo, conto, broker, modello di IA, profilo di rischio e modalità di gestione delle posizioni. La maglia li collega in un unico sistema coordinato. Forex. Oro. Metalli. Indici. Cripto. Petrolio. Sintetici dove il broker li supporta. Un trader. Molti mercati. Una maglia coordinata. Promozione in
Chiroptera
Rob Josephus Maria Janssen
4.55 (47)
Experts
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
Altri dall’autore
News Manager Free
Dua Yong Rew
Utilità
This EA will read news from MQL website and create global variable to indicate if there is a news reported within the specified time frame. You can then read these global variable in your EA to filter out trades. Global variable format - News_CHF, News_EUR, News_GBP, News_JPY and News_USD If value is 0 means no news. If value is 1 means there is news reported within the specified time frame. Please comment to give suggestion to improve it.
FREE
Health Check
Dua Yong Rew
Utilità
Send periodic (Health Check) notification from your MT4 terminal to your mobile phone to be sure that your MT4 terminal is still running. When you did not receive the notification, it means that your terminal is unavailable. Optional information like Account Equity and Trading Pairs are also available. Notification Period - 1 Hour, 2 Hours, 4 Hours, 8 Hours, 12 Hours, 24 Hours Attach EA to any H1 chart
Tails
Dua Yong Rew
Indicatori
Tails is an indicator that predicts where the price will rebound and reach in a day candle. This indicator does not repaint and is to be used in time frames below D1. By default, the indicator will plot two support and two resistance lines. If needed, you can set the extended levels to "true" to show three support and three resistance lines. Input Parameters Extended_Levels - show extended levels in the chart; Clr_Support - color for the support lines; Clr_Resistance - color for the resistance
Advance BreakOut Scalper
Dua Yong Rew
Experts
The Advanced BreakOut Scalper is an effective trading system with predetermined Take Profit, Stop Loss, and Trailing Stop settings. As the name implies, its strategy is trading breakouts. It is professionally coded and runs quickly in backtesting or optimization mode. It does not employ grid, martingale, averaging, or any other risky money management strategies. It is recommended to use a tight spread broker, preferably an ECN broker with good liquidity. For a list of brokers that work well wi
Night Scalper EU
Dua Yong Rew
5 (1)
Experts
Night Scalper is a professionally coded night scalper that trades during the quiet session one hour before and after rollover timing. It is designed to trade EURUSD ( M5 timeframe ), though it is not limited to this currency pair. It does not use dangerous strategies, such as grid or martingale strategies, so it is a safe Expert Advisor. It is recommended to use a tight spread broker, preferably an ECN broker with good liquidity. For a list of brokers that work well with this EA, please visit my
Tails EA
Dua Yong Rew
Experts
Tails EA is not intended to do live trading, but rather to serve as a demonstration tool to show the power of the Tails Indicator and to help find the correct offset for a specific currency pair. A signal is taken when the price level breaches SR level 1 and the trade is reversed. Tails indicator here Tails is an indicator that predicts where the price will rebound and reach in a day candle. This indicator does not repaint and is to be used in time frames below D1. Support Telegram   https://
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