OPEN RANGE BREAKOUT EA FOR MT4 & MT5

Open Range Breakout EA for MetaTrader 4 & 5.

Outbreaker is a professional Open Range Breakout Expert Advisor for MT4 or MT5. The ORB EA captures your opening range, places orders and automatically manages stop loss, take profit, break-even, trailing and partial closes according to your rules.

One-time payment · no automatic renewal · instant download
Choose MT4 or MT5 14-day demo Unlimited demo accounts English documentation
OUTBREAKER EA · DAX40 · M1
OPENING RANGE
RangeBreakoutStop loss
OPEN RANGE BREAKOUT EXPERT ADVISOR

What is an Open Range Breakout EA?

An Open Range Breakout EA automates one of the best-known breakout strategies in trading: the opening range is measured within a freely defined time window, after which the Expert Advisor monitors the range high and range low and executes the breakout according to the selected rules.

Capture the opening range automatically

The ORB EA automatically records the high and low of the selected trading session. Range time, maximum range size and an additional buffer can be configured individually.

Trade the breakout automatically

The Open Range Breakout Expert Advisor can place pending orders at the range high and range low, cancel one order when the other is triggered, or keep both orders active.

Manage positions with fixed rules

Stop loss, risk-reward-based take profit, break-even, trailing stop, partial close and close time are executed automatically according to your settings.

Available for MT4 or MT5

At checkout, choose the Open Range Breakout EA for MetaTrader 4 or MetaTrader 5. Both license plans include the complete feature set of the selected platform version.

WHY OUTBREAKER?

Why choose this Open Range Breakout EA?

The Open Range Breakout strategy has been known for decades. Outbreaker does not reinvent it—it executes it consistently, precisely and without emotional interference. You define the rules. The EA handles the execution.

No black boxEvery trading rule remains transparent and configurable.
No missed entriesThe EA monitors the range and orders automatically.
No manual routinesStop loss, take profit and position management follow your rules.
Full controlYou stay in control of times, filters, risk and position management.
THE DIFFERENCE

Built for traders who define their own rules.

Outbreaker combines classic ORB logic with extensive settings for entries, risk, filters and position management.

01

Freely configurable range

Start, end, buffer and maximum range size can be adapted to the market, session and broker time.

02

Automatic order management

Two pending orders, OCO behavior, market-order conversion and time limits for active orders.

03

Flexible risk management

Multiple stop-loss methods, risk-reward control, break-even, trailing and partial closes.

04

Filters instead of gut feeling

Spread control, range control, weekday filters and a moving-average trend filter create clear rules.

05

For multiple markets

Suitable for indices, Forex, commodities and stocks—depending on broker, symbol and settings.

06

Convenience in live trading

On-chart statistics, chart colors, update checks and buttons for break-even and order close.

FEATURE SET

Open Range Breakout EA features

Both license plans include the same complete trading feature set. They differ only in term, live accounts and account changes.

30+FEATURES
4MARKET CLASSES
2PLATFORMS
M1BASE TIMEFRAME

Range & entry

Everything required to define and execute the breakout.

  • Freely configurable opening-range time
  • Configurable maximum range size
  • Buffer at range high and low
  • Two pending orders at the high/low
  • Convert pending orders into market orders
  • OCO: one order cancels the other
  • Optionally keep both orders active
  • Time limit for active orders

Stop loss & profit management

Multiple ways to control risk and open positions.

  • Stop loss at range high/low
  • Stop loss at range midpoint
  • Stop loss at profit-box high/low
  • Variable profit box with risk-reward ratio
  • Break-even stop
  • Trailing based on the configured stop loss
  • Partial closes to reduce position size
  • Close time before market close

Filters & control

Rules that can reduce unsuitable market conditions.

  • Spread Control
  • Range Control
  • Moving-Average-Trendfilter
  • Weekday filter
  • Manual break-even button
  • Manual order-close button
  • Statistics display inside the EA
  • Customizable chart colors

Platform & service

For stable and transparent operation in MetaTrader.

  • Fully automated Expert Advisor
  • Choose the MT4 or MT5 version
  • Suitable for indices, Forex, commodities and stocks
  • Update check for new versions
  • Updates included according to the license plan
  • Website helpdesk
  • Unlimited use on demo accounts
  • No automatic renewal

MT4 only: fixed loss limit, individual stop loss in points, hidden take profit and email alert. These features are currently not available in the MT5 version.

MÄRKTE & EINSATZGEBIETE

Open Range Breakout EA for DAX, indices, Forex, gold and stocks

Outbreaker is not limited to one symbol. The ORB EA can generally be used wherever an opening range and clear trading times can be defined. Broker conditions, symbol naming, spread, trading hours and selected parameters are decisive.

DAX & indices

For example DAX40, Dow Jones, Nasdaq or S&P 500—with individually adjusted range times and range sizes.

Forex

The Open Range Breakout EA can be used on liquid Forex pairs with clearly defined session times.

Gold & Rohstoffe

Gold, silver and other commodities can also be traded depending on spread, volatility and broker data.

Stocks

For stocks, the opening range can be defined around the respective market open and monitored automatically.

MT4 OR MT5

Open Range Breakout EA for MetaTrader 4 and MetaTrader 5

At checkout, choose the platform version you need. The core ORB, order and management features are available in MT4 and MT5. Some additional technical features are currently available only in the MT4 version.

Feature
MT4
MT5
Fully automated Open Range Breakout EA
Indices, Forex, commodities and stocks
Partial close, break-even and trailing stop
Spread control, range control and MA trend filter
Pending orders, OCO and time limits
Fixed loss limit
Individual stop loss in points
Hidden take profit
Email alert
HOW IT WORKS

How the Open Range Breakout strategy works inside the EA

Once configured, Outbreaker consistently follows the workflow you define.

01 · RANGE

Capture the time window

The EA measures the high and low within the defined time window.

02 · ORDERS

Place orders

Pending orders are prepared above and below the range.

03 · ENTRY

Trade the breakout

When the breakout occurs, the position is opened and protected according to your rules.

04 · MANAGEMENT

Manage the position

Break-even, trailing, partial close and close time run automatically.

REAL INSIGHTS

Open Range Breakout EA in videos and screenshots

No abstract promises: videos, live-chart screenshots and the actual input panel show how Outbreaker works.

Trailing & partial close

DAX Open Range Breakout

Open Range Breakout EA im DAX Live-Chart mit Trading-Statistik

Live chart with EA panel and trade history

Open Range Breakout EA breakout from the opening range

Breakout with range and take-profit projection

Open Range Breakout EA settings for lot size, stop loss, break-even and trailing

Settings for lot size, stop loss and trailing

Open Range Breakout EA MT4 MT5 settings for range time and weekdays

Settings for range, times and weekdays

LICENSES

Buy Open Range Breakout EA: Standard or Professional

Standard and Professional do not differ in trading functionality. You only choose the license term, number of live accounts and account-change flexibility.

Try it free for 14 days

The demo runs only on a demo account and requires no payment details.

Download demo
Outbreaker Standard

Everything you need.

Complete EA for one live account.

49,95 € one-time
5-year license
  • Installation on 1 live account
  • 3 free account changes
  • Unlimited demo accounts
  • Free updates during the license term
  • 12 months of email and helpdesk support
  • Choose MT4 or MT5
Buy Standard
Feature
Standard
Professional
Vollständiger Trading-Featuresumfang
License term
5 years
Lifetime
Live accounts
1
up to 3
Account changes
3
unlimited
Demo accounts
unlimited
unlimited
Platform switch MT4 → MT5

All trading features are fully included in both versions. “Lifetime” refers to the lifetime of the product and should be clearly defined in the license terms.

ORB EA GUIDE

Open Range Breakout EA instead of manual ORB execution

With manual Open Range Breakout trading, the range high and range low must be marked at the correct time, orders calculated accurately and positions monitored afterwards. An Open Range Breakout EA handles these recurring steps according to fixed rules. It does not reduce market risk, but it ensures that the same settings are applied consistently every trading day.

No black box and no predefined miracle strategy

Outbreaker is designed as a configurable tool. The user decides the range time, buffer, maximum range size, stop-loss method, risk-reward ratio, break-even, trailing, partial close, spread control, trend filter and weekdays. The Expert Advisor implements these settings automatically.

Why a free Open Range Breakout EA demo is useful

Brokers use different symbol names, trading hours, spreads and price data. Therefore, an ORB EA should first be tested on a demo account and in the MetaTrader Strategy Tester. The free 14-day demo lets you test installation, operation and your own settings without real money.

Choosing an Open Range Breakout EA for MT5 or MT4

The correct choice depends on your trading account. MetaTrader 4 users select the MT4 version; a MetaTrader 5 account requires the MT5 version. The Professional license allows a free switch from MT4 to MT5 later.

ORB EA FAQ

Frequently asked questions about the Open Range Breakout EA

Answers about the ORB strategy, MetaTrader 4 and 5, the demo, supported markets and licensing.

What is an Open Range Breakout EA?+

An Open Range Breakout EA is an automated Expert Advisor that identifies the high and low of a defined opening range and trades breakouts according to the user’s settings. Outbreaker extends this core logic with order management, stop loss, risk-reward control, break-even, trailing, partial closes and filters.

How does the Open Range Breakout EA work?+

The EA first measures the defined range. It can then place pending orders at the high and low. When an order is triggered, the EA manages the position according to the selected stop-loss, take-profit, break-even, trailing and close-time rules.

Can I test the Open Range Breakout EA for free?+

Yes. The free demo runs for 14 days on a demo account. The EA can also be tested in the MetaTrader Strategy Tester using available M1 data.

Does the Open Range Breakout EA work on DAX and Forex?+

In principle, yes. The EA can be used on indices such as DAX, Dow Jones or Nasdaq, as well as Forex, gold, commodities and stocks. Settings must be adapted to the symbol, broker time, spread and volatility.

Do I receive MT4 and MT5 together?+

No. At checkout, you choose either the MT4 or MT5 version. The Professional version includes a free switch from MT4 to MT5 later.

Do Standard and Professional have different trading features?+

No. Both versions include the same complete trading feature set. The differences concern only the license term, live accounts, account changes and support period.

Can I use the EA on demo accounts?+

Yes. Both versions can be used on an unlimited number of demo accounts. The number of live accounts depends on the selected license plan.

Which markets is Outbreaker suitable for?+

The EA can generally be used on indices, Forex, commodities and stocks. Results depend, among other factors, on the symbol, broker conditions, trading hours and settings.

Does the EA guarantee profits?+

No. Outbreaker automates a trading strategy but does not guarantee profits. The user remains responsible for settings, risk and use.

READY FOR CLEAR RULES?

Test or buy the Open Range Breakout EA.

Test the EA on a demo account first or choose the license plan that suits you.

Risk warning: Trading CFDs, Forex and other leveraged products involves a high risk of loss. Using an Expert Advisor does not change this risk. Past results, backtests and examples are not reliable indicators of future results. Outbreaker is software for independent use and does not constitute investment or financial advice.