Open Range Breakout Expert Advisor Settings

included ORB Expert Advisor functions:

Funktion	MT4	MT5
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	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.

Settings-Tab

Backtesting