ORB EA V1.0 MT5

Tired of pricey EAs that drain your account before they earn a dime? Ready for something fresh…and totally free? ORB EA V1.0 MT5 by YoForex might be your ticket. This Opening Range Breakout bot automates the classic ORB strategy on MetaTrader 5, spotting early session highs and lows and pouncing on price swings. It’s fully backtested, optimized for majors; best of all—it’s free on MQL5.software. No fees. No hassle! You get the code, you run it, you tweak it…coz that’s how trading tools should be.

Overview

ORB EA V1.0 MT5 leverages the Opening Range Breakout (ORB) method, which defines a time-based “opening” period—typically the first 30 minutes of a session—and trades when price breaks above or below that range. It’s a straightforward concept; execution, risk control and timing make it profitable. YoForex’s devs coded this EA with adjustable inputs for range period, stop-loss, take-profit, trailing stops, session filters and more. Whether you’re swinging EURUSD on M5, scalping GBPUSD or hunting breakouts on gold, ORB EA’s presets cover you. And since it’s free, you can experiment without sweating subscription renewals. Love tinkering? You’ll appreciate the open-access code and detailed user guide.

Key Features

• +Customizable opening range period (e.g., 15, 30, 60 mins)
• +Automatic long/short breakout detection
• +Dynamic stop-loss & take-profit settings
• +Built-in trailing stop & break-even options
• +Session filters (Tokyo, London, New York)
• +Spread & slippage protection
• +Max daily orders & drawdown limits
• +No martingale; fixed-lot sizing only
• +Minimal CPU footprint; lightweight EA
• +5 years of tick-data backtested

Backtest Results & Proof

YoForex rigorously backtested ORB EA from 2018–2023 on EURUSD, GBPUSD and USDJPY M5 charts. The equity curve showed a smooth upward trend, averaging ~3.5% monthly gains and max drawdowns under 7%. That consistency matters more than wild spikes; steady growth wins in the long run. Real-account tests with micro-lots mirrored those stats—1–2% weekly gains, tight risk controls intact. Users on the MQL5 page have shared screenshots of live logs; it holds up under real conditions. Curious? Check their posts for detailed performance snapshots.

How to Install & Configure

Download ORB EA V1.0 MT5 from MQL5.software.
Open MT5 → File → Open Data Folder → MQL5 → Experts.
Copy ORB_EA_V1.0.ex5 into that folder.
Restart MT5; find “ORB EA V1.0” under Navigator → Expert Advisors.
Drag it onto your chart (recommended: EURUSD M5).
Inputs: set opening range (e.g., 30), SL/TP, session filter, max trades.
Enable “Allow live trading” → OK.
Run on demo; tweak after a few sessions.

Why Choose YoForex-Powered Tools?

YoForex builds with transparency—no paywalls once you download. All free EAs and indicators get regular updates; feedback loops are real, not marketing fluff. There’s a friendly Telegram community for tips, plus video walkthroughs if you’re new. Their dev team trades daily, so tools stay sharp. With ORB EA and its siblings, you get pro-grade automation that won’t cost you a penny.

Support & Disclaimer

Stuck on setup? Found a bug? Ping us on WhatsApp ???? https://wa.me/+443300272265 or join our Telegram ???? https://t.me/yoforexrobot. We aim to reply within 24 hours. Disclaimer: Past performance isn’t a promise of future profits. Trading carries risk; never risk more than you can afford to lose. Always demo-test before going live and adjust risk parameters to suit your style.

Call to Action

Ready to unlock the power of Opening Range Breakouts? Head over to the MQL5.software page, download ORB EA V1.0 MT5, and load it on a demo now. With YoForex’s free support and an active community, you’ve got nothing to lose—and potential breakthrough gains to win. Start trading smarter, today!

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