In the latest installment of our MQL5 series, we delve into automating the Opening Range Breakout (ORB) technique, using MetaTrader 5's programming capabilities. The ORB strategy involves identifying high and low price levels immediately after market opening and trading based on price breakouts from this range. This tutorial guides on how to set up your Expert Advisor (EA) to detect and trade these breakouts using 5-minute charts while implementing robust risk management through adjustable parameters. The EA ensures precise entries by relying on candle closure logic, preventing overtrading by executing a single trade per breakout session. This project equips traders with practical skills for developing automated trading systems.


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