Transform your trading with our ATR-Enhanced ORB (Opening Range Breakout) Indicator!
It's a complete professional trading system that automatically detects high-probability breakout opportunities while dynamically adjusting risk management based on real market volatility.
How It Works:
Step 1: Smart Opening Range Detection
- Automatically identifies the critical opening range (OR) period (configurable hours)
- Calculates precise high/low boundaries that institutional traders watch
- Draws clear visual extensions for easy trading throughout the session
Step 2: Breakout Confirmation System
- Waits for consecutive closes above/below OR boundaries (configurable 1-10 bars)
- Eliminates false breakouts with proven confirmation logic
- Plots professional trade arrows only when conditions are met
Step 3: ATR-Adaptive Risk Management
- Dynamic Stops: Automatically adjusts stop loss based on current ATR (Average True Range)
- Smart Targets: Sets take profit levels using ATR multipliers (1:1.5 to 1:5 ratio)
- Volatility Adaptation: Tight stops in quiet markets, wider stops in volatile markets
- Minimum Protection: Never sets stops below your defined minimum pip distance
Step 4: Complete Trade Visualization
- Color-coded TP/SL zones (Green for profit, Red for stop)
- Real-time ATR value display with pip calculations
- Risk-Reward ratio shown on every trade
- Trade outcome tracking (TP/SL) with duration and pips gained
Key Features That Make You Money:
✅ Professional-Grade ATR Integration
- Stops/targets automatically adjust to market conditions
- No more guessing where to place your stops!
- Adaptive to any timeframe (M1 to Daily)
✅ No Repaint, No Redraw
- Signals appear only when confirmed
- No disappearing arrows or fake signals
- Trades remain visible for analysis
✅ Complete Visual Dashboard
- Opening range high/low lines with extensions
- Trade entry/exit markers with labels
- Performance statistics on every trade
- Clean, professional chart presentation
✅ Smart Trade Management
- One trade per OR period (prevents over-trading)
- Automatic TP/SL hit detection
- Trade outcome tracking and statistics
- Visual trade path from entry to exit
✅ Fully Customizable
- Adjust OR hours to any market session
- Modify confirmation requirements
- Customize ATR multipliers and period
- Change colors and visual settings
Who This Is For:
🔹 Swing Traders - Catch major daily breakouts with professional risk management
🔹 Day Traders - Trade opening range breakouts on lower timeframes
🔹 Risk-Averse Traders - Let ATR determine your risk, not emotions
🔹 Algorithmic Traders - Use as signal generator for automated systems
🔹 Trading Educators - Perfect tool for teaching ORB strategy and risk management
Why Buy Our Indicator vs. Building Your Own?
- Proven Logic - Years of refinement in entry/exit logic
- ATR Intelligence - Sophisticated volatility-based position sizing
- Production Ready - No bugs, tested across multiple markets
- Time Savings - Hundreds of hours of development for fraction of cost
- Support Included - Regular updates and technical support
Technical Requirements:
- Works on cTrader platform
- Compatible with all currency pairs and timeframes
- Low CPU usage for multi-chart operation
- No external dependencies required
Risk Disclaimer:
This is a tool, not a guarantee of profits. Past performance doesn't guarantee future results. Always practice proper risk management and test strategies on demo accounts first.
