📥 ORB V6 Expert Advisor — MetaTrader 5

The complete V6 strategy (Opening Range Breakout + Filter B + ATR 1.5) as a free MetaTrader 5 Expert Advisor. Backtest-validated on NQ 5-minute data 2020–2026: PF 1.56 · WR 35% · MDD −5.8%.

📄 ORB_V6_EA.mq5

The Expert Advisor source file (MQL5). Copy to MQL5/Experts/, compile in MetaEditor (F7), attach to a US100/NAS100 M5 chart. v1.10: entries via pending BUY/SELL STOP orders — the same trigger as the live bot.

⬇ Download .mq5

📖 README

Full installation guide: timezone table (server time), VOLUME_SCALE for CFD point values, all inputs, Telegram setup and recommended workflow.

⬇ Download README

🎯 What is V6?

Opening Range Breakout — ORB window 09:00–09:30 ET; entries above the range high / below the range low
Filter B — LONG only when the ORB sits above the previous close; no trades when the range is "around" the previous close
ATR 1.5 momentum filter — the entry bar must move ≥ 1.5× the average range of the previous 14 bars
Pending STOP-orders — BUY STP above the ORB high / SELL STP below the ORB low; filled only on a real breakout
Fixed 45-point stop loss · end-of-day exit at 15:55 ET
Telegram alerts (WebRequest), MT5 Alert and push notifications
Ares risk-based sizing or fixed volume

⚙️ Quick install

Download the .mq5 file and place it in your MT5 data folder → MQL5/Experts/
Open MetaEditor (F4), open the file, press Compile (F7)
Allow WebRequest to https://api.telegram.org (Tools → Options → Expert Advisors)
Attach the EA to a US100 / NAS100 M5 chart and check the server-time inputs

⏰ Timezone — critical

The EA works in your broker's server time. Defaults are EU time (CET/CEST). EU is always 6 hours ahead of ET:

Broker server time	ORB (09:00–09:30 ET)	EOD (15:55 ET)
EU (CET/CEST)	15:00–15:30	21:55
GMT+3 (many CFD brokers)	16:00–16:30	22:55
GMT+2	15:00–15:30	21:55

Check your server time in MT5 (Market Watch → server column). Wrong times = wrong ORB = wrong trades. See the README for VOLUME_SCALE (CFD point value) details.

⚠️ Disclaimer

This Expert Advisor is provided for educational purposes only. Trading involves substantial risk of loss; past performance does not guarantee future results. Always test on a demo account first. See our full disclaimer.