Open Range Breakout Expert Advisor Settings

included ORB Expert Advisor functions:

Funktion	MT4	MT5
➥ Suitable for all indices, stocks, commodities & forex based on CFD	X	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	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	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	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:

Shortly after the market opens, the sell-stop order becomes active, the price initially declines and then ends in profit.

The course runs cleanly in the profit after 1-2-3 market technique.

Long sideways phase with late profit in the evening hours

After 16 minutes all is over.

5000€ seed capital - Demo Account GKFX -> 22 Trades from 12.09.2018 to 18.10.2018
EA-Profit: 3634.12 €

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