ORB Breaker
Note:
The EA comes with optimized set files tailored for each trading pair, which will be provided upon purchase. Please note that this is the initial price; it will increase to $500 and then to $1200 in the near future.
ORB Breaker
"ORB Breaker (Opening Range Breakout) is built on the famous, time-tested Opening Range Breakout strategy, renowned for capturing early market momentum."
ORB Breaker is a robust and safe Expert Advisor for MetaTrader 5 that implements the time-tested Opening Range Breakout (ORB) strategy. This EA automatically calculates the opening range based on your selected session and detects breakouts from that range, offering a clean, conservative approach to trading.
ORB Breaker has been successfully applied on a wide range of instruments, including:
- Major Currency Pairs
- US Indices such as the S&P 500, NASDAQ, USTEC, and US30
- Commodities like Gold
Low-spread brokers are preferred to ensure optimal execution and performance.
Key Features:
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ORB Range Detection:
- Automatically defines the opening range by calculating the high and low during a user-defined session.
- Multiple breakout detection modes (Close Only, Wick Then Close, Single Candle Wick & Close) are available to suit various market conditions.
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Trade Confirmation & Execution:
- Once a breakout is detected, the EA confirms the move using an internal filter before executing a trade.
- The strategy does not rely on risky methods such as martingale, grid, or averaging, ensuring a safer approach to trading.
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Risk Management:
- Includes fixed lot sizing, stop loss (SL), trailing stops, and partial profit functionalities to help safeguard your capital.
- Recommended starting capital is around $100 for micro accounts, while $500–$1,000 is advised for live trading to ensure proper margin and risk management.
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Customizable Settings:
- Users have multiple options to set trading sessions, choose breakout modes, and adjust risk parameters according to their trading style and risk tolerance.
- Pre-set sessions include London, New York, and Tokyo, with an option for a Custom session to match your preferred trading hours.
Why Choose ORB Breaker?
- Proven Strategy: The Opening Range Breakout is a famous and widely used trading strategy with a solid track record.
- Safety First: By avoiding unsafe risk management techniques and incorporating preset stop losses and trailing stops, ORB Breaker focuses on capital preservation.
- Versatile Trading: Whether you trade currency pairs, major US indices, or commodities like gold, this EA adapts to various markets—provided you use a low-spread broker for best results.
Disclaimer:
Trading in financial markets involves a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. This Expert Advisor employs conservative risk management without using martingale or grid strategies; however, losses may still occur. It is strongly recommended that you test this EA on a demo account before applying it to live trading and only trade with funds you can afford to lose. The developer is not responsible for any financial losses incurred.