Open Range Breakout Expert Advisor - DAX Trading System
ORB Expert Advisor

Open Range Breakout Expert Advisor Settings

included ORB Expert Advisor functions:

    FunktionMT4MT5
  • suitable for all indices and stocks based on CFDs
  •         X        X
  • DE40, US500, US30, USTEC, UK100, JP225, HK50 etc.
  •         X        X
  • Forex and all CFDs with more than 2 digits
  •                  X
  • Reduction of the position through partial sale
  •         X        X
  • fixed loss limit adjustable
  •         X         
  • Temporal open range settings
  •         X        X
  • adjustable maximum range size
  •         X        X
  • Buttons for quick manual breakeven and OrderClose
  •         X        X
  • Stoploss range high-low / middle / high-low of the profit box
  •         X        X
  • individual stoploss points adjustable
  •         X       
  • Trailing stops based on the set stop loss
  •         X        X
  • Breakeven stop
  •         X        X
  • Activate Spread Control
  •         X        X
  • Activate range control
  •         X        X
  • variable profit box with risk reward ratio
  •         X        X
  • hidden takeprofit in front of the broker
  •         X       
  • adjustable buffer (stretch) on range high and low
  •         X        X
  • two pending orders at the high / low of the range
  •         X        X
  • Pending order conversion into market order
  •         X        X
  • one pending order deletes the other when activated
  •         X        X
  • or both orders remain active
  •         X       
  • time limit for active pending orders
  •         X        X
  • close ordertime before market closes
  •         X        X
  • Timeframe M1
  •         X        X
  • E-Mail Alert
  •         X       
  • Time limit for active pending orders
  •         X        X
  • display statistics in the EA
  •         X        X
  • Trend settings possible via moving average
  •         X       
  • 3 year license - no automatic renewal
  •         X        X
  • Installation possible on any number of accounts
  •         X        X
  • Updates included
  •         X        X
  • Helpdesk via website
  •         X        X
  • Weekday filter
  •         X       
  • Chart color adjustment of the displayed boxes
  •         X       
  • Update check for newer version
  •         X       
  • Email support for the premium variant
  •         X        X


Sample trades

Open Range Breakout Trading System
Shortly after the market opens, the sell-stop order becomes active, the price initially declines and then ends in profit.
Open Range Breakout Trading System
The course runs cleanly in the profit after 1-2-3 market technique.


Open Range Breakout Trading System
Long sideways phase with late profit in the evening hours
Open Range Breakout Trading System
After 16 minutes all is over.



Realkonto GKFX-LIVE-3
29.01.2019 EA-Profit: 123.69€

Settings in EA changed to breakeven and trailing stop. Two active orders are open, the first is a loss, then the market turns and the second order ends in a profit.

Settings-Tab

Open Range Breakout Trading System Einstellungen

Backtesting

You can test the Expert Advisor in the strategy tester of MetaTrader 4. The EA used historical M1-Data of Meta Trader 4.


Open Range Breakout Demo Download
MT4 Expert Advisor MT4 Indikator MT5 Expert Advisor

NEW VIDEO
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More tools:


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Info:

Open Range Breakout MT4 runs on all indices, metal and stocks symbols with two digits

ORB MT5 version is Forex compatible



Customer Service:

Kundenservice

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Contact

Tel: +49 30 64091883
Fax: +49 30 64091884
ea[at]magic-hardware.de
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