Description
ORB Multi-Pair Price Action Bot - Professional Trading System
Advanced Opening Range Breakout (ORB) strategy with institutional-grade price action filters and market sentiment analysis. Optimized for EURUSD, GBPUSD, USDJPY, and XAUUSD.
Core Strategy:
- 15-minute Opening Range Breakout during NY session (9:30-16:00 ET)
- Multi-layer entry confirmation: candle patterns, volume spikes, trend alignment
- Smart Money Concepts: Fair Value Gap (FVG) detection and utilization
Price Action Filters:
- Strong candle body validation (50%+ body-to-range ratio)
- Volume confirmation (130% spike detection)
- Momentum divergence checks
- RSI extreme avoidance (no buying overbought, no selling oversold)
Market Sentiment:
- EMA trend alignment (20/50 periods)
- RSI overbought/oversold filters
- Trend strength measurement
Symbol-Specific Intelligence: Auto-adjusts ATR ranges, SL/TP levels, and position sizing for each pair:
- EURUSD: 5-35 pips ATR, 20/40 default SL/TP
- GBPUSD: 6-45 pips ATR, 25/50 default SL/TP
- USDJPY: 4-30 pips ATR, 18/36 default SL/TP
- XAUUSD: 80-600 pips ATR, 100/200 default SL/TP
Advanced Risk Management:
- Dynamic position sizing based on account risk (0.5-3%)
- ATR-based adaptive SL/TP (1.5-4.0x multiplier)
- Risk-Reward ratios: 1.5:1 to 5:1
Position Management:
- Partial close at 1R (25-75% of position)
- Smart breakeven (+5 pips lock, not true BE)
- Dynamic trailing stop (activates at 30 pips, trails 15 pips)
- Maximum drawdown protection
Entry Methods:
- Immediate - Trade on breakout confirmation
- Retest (Recommended) - Wait for pullback and rejection
- Break Previous - Trade on structure break
Safety Features:
- Max daily trades limit (1-15)
- Max concurrent positions (1-3)
- Spread filter (rejects high-spread conditions)
- Weekend/holiday protection
- Min ORB range validation
Recommended for: Intermediate to advanced traders seeking a systematic, rule-based approach with multiple confirmation layers to filter false breakouts and improve win rate.
Default Settings: Conservative (1% risk, 2.5 R:R, retest entries, full confirmation filters enabled)
Warninig:
Past successful performance does not guarantee future result; all trading products are used at your own risk.
Summary
Price action filters validate strong candle bodies, volume spikes, momentum divergences, and avoid RSI extremes to reduce false signals. Market sentiment analysis incorporates EMA trend alignment, RSI filters, and trend strength measurement. The bot auto-adjusts ATR ranges, stop loss/take profit levels, and position sizing tailored to each symbol.
Risk management features include dynamic position sizing based on account risk (0.5-3%), ATR-based adaptive SL/TP with risk-reward ratios from 1.5:1 to 5:1, and maximum drawdown protection. Position management supports partial closes, smart breakeven locks, dynamic trailing stops, and limits on daily trades and concurrent positions. Entry methods include immediate breakout, retest (recommended), and break previous structure.
Safety features cover spread filters, weekend/holiday protection, and minimum ORB range validation. The bot is designed for intermediate to advanced traders seeking a systematic, rule-based day trading approach with medium trade frequency and technical analysis. Recommended default settings are conservative with 1% risk and full confirmation filters enabled.