ORB Hunter
- Uzman Danışmanlar
- Kai Xiang Tan
- Sürüm: 1.0
- Etkinleştirmeler: 10
ORB Hunter — Opening Range Breakout EA (MT5)
ORB Hunter is a simple yet effective Opening Range Breakout Expert Advisor designed for traders who want a clean, practical approach: define an opening session, wait for the breakout, and manage risk with flexible exits. It’s built to be easy to use, while still giving you enough control to adapt it across different markets and trading styles.
Whether you trade XAUUSD, indices, FX pairs, or even stocks/CFDs, ORB Hunter is designed to handle multi-instrument workflows by allowing you to set a symbol list and run the same structured breakout logic across them.
Currently trading: XAUUSD, USTEC, US30, HK50 and TSLA. Will be adding more if any suitable sets are determined. Please refer to comment for the set files used in backtesting.
Key Features
- Flexible session control: choose your own Opening Range timeframe and start/end trading times (broker/server time).
- Trade multiple instruments: supports XAUUSD, indices, forex, stocks/CFDs (broker symbols may vary).
- Flexible risk & sizing: fixed lots or risk-based sizing (percent risk per trade).
- Flexible SL/TP styles: Percent-based SL and trailing and RR-based take profit.
- StockList — Symbols to trade (comma-separated). Example: EURUSD,XAUUSD,US30 .
- MagicNumber — Unique ID for EA positions (use different values for different EAs/instances).
- EAComment — Comment prefix added to orders/positions.
- MinRangeSize (points) — Minimum Opening Range size required to trade (skip low-volatility days).
- MaxRangeSize (points) — Maximum Opening Range size allowed to trade (skip high-volatility days).
- MaxAllowedSpread (points) — Max spread allowed at entry. If exceeded, no trade is opened.
- OR_Timeframe — Timeframe used to build the Opening Range (OR duration equals this timeframe).
- TradingStartTime — OR start time and beginning of trading window.
- TradingEndTime — Last time new entries are allowed.
- CloseAllPositionsTime — Time to close all EA positions daily.
- FridayCloseTime — Friday time-based close to avoid weekend risk.
- LotSizeMode — Fixed (use LotSize) or Risk (use RiskPerTrade based on SL distance).
- LotSize — Fixed lot size (EA normalizes to symbol min/max/step and may reduce if margin is insufficient).
- RiskPerTrade (%) — Used in Risk mode: percent of balance risked per trade.
- MaximumStopLoss (points) — Caps the SL distance if calculated SL is too wide.
- SLPercentageOfRange (%) — SL distance as % of OR size in Percent mode.
- RiskRewardRatio — TP = SL distance × this ratio (RR mode).
- EnableTrailingStop — Enables trailing management.
- Trailing_Start_OR_PERCENT (points) — Profit threshold to start trailing in OR Percent modes.
- Trailing_Step_PERCENT (%) — Trail distance factor (OR Percent mode: % of OR size).
- ReArmMode
- ONE_AND_DONE — Only one trade per side per day.
- REARM_AFTER_RANGE_REENTRY — Side can trade again only after a bar closes back inside the OR.
