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Explore Opening Range Breakout EA MT5 2026 review with live results, 4% avg monthly return and 8% max drawdown. Read performance analysis to assess fit.
Core approach and methodology
Powerful capabilities designed for professional trading
Establishes opening range from configurable first 15 to 60 minutes
Enters trades on confirmed breakout with optional retracement filter
Adjustable stop loss, take profit, and trailing stop parameters
Session filters for London, New York, and Asian opens
Detailed live results logging and optional email notifications
This expert advisor is designed for these trader profiles
Intraday traders seeking automated breakout entries with limited screen time
Algorithmic traders wanting a rule-based opening range strategy for MT5
Portfolio managers diversifying with time-based intraday strategies
Traders with small accounts needing defined risk per trade sizing
This Opening Range Breakout EA MT5 review presents a 2026 performance analysis based on both live account results and extended backtests. The analysis highlights win rate, average trade length, and drawdown patterns so traders can see objective results rather than marketing claims. Results cited here reflect typical settings: opening range set to the first 30 minutes, fixed stop loss, and a conservative risk per trade of 0.5% of equity. What makes Opening Range Breakout EA MT5 unique is its narrow focus on the opening-range breakout concept combined with flexible session filters and robust trade management. The algorithm monitors price during a quiet initial period, records high and low boundaries, and then places entry orders when price breaks and confirms beyond that range. Trade confirmation logic includes optional momentum and retracement checks to reduce false breakouts, and the EA supports fixed and dynamic stops for MT5 accounts. In practice, the EA performs best in liquid forex pairs and major indices during defined session overlaps where volatility follows the break. Josef Vobejda built conservative default risk controls, including daily trade caps and equity-based position sizing. Expected performance characteristics are moderate monthly returns with single-digit drawdowns under recommended sizing. Traders should review the live results and adjust parameters for their broker spread and execution profile before funding a production account.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Built-in protection mechanisms and controls
Step-by-step instructions to get Opening Range Breakout EA MT5 running on your MT5 platform
Install the EA by copying the Opening Range Breakout EA MT5 file into the Experts folder of your MT5 installation and restart the platform. Attach the EA to the desired chart, enable auto trading, and load the provided default profile. Key parameters to configure include opening range minutes, risk per trade percentage, stop loss multiples, and session filters. Use ECN or STP brokers with low spreads and set chart timeframe to M1 or M5 for confirmations and M15 for monitoring. Run forward tests on a demo account for 2-3 months and compare live results to backtests before deploying on a funded account.
Download Opening Range Breakout EA MT5 from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Opening Range Breakout EA MT5 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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