ORB
cBot
7 purchases
Version 1.0, Feb 2025
Windows, Mac, Mobile, Web
4.3
Reviews: 3
Since 17/02/2025
7
Sales
Description
Powerfull, Backtested and Optimized strategy based on the "Opening Range Breakout" on the 15 min chart that exclude lot of false breakout. You can set and adjust the parameters based on your Risk Tolerance.
Works best on XAU/USD and other assets that move similiar to it, just
Summary
AI summary
ORB is a trading bot implementing a backtested and optimized strategy based on the Opening Range Breakout (ORB) on the 15-minute chart. It aims to reduce false breakouts by filtering signals and allows users to adjust parameters according to their individual risk tolerance. The strategy is designed to work best on XAU/USD (gold against the US dollar) and other assets with similar price movement characteristics. This bot focuses on breakout trading by identifying and trading price movements that break out of the initial opening range of the trading session.
Trading profile
Discussion
Customer reviews
4.3
Reviews: 3
5 | 33 % | |
4 | 67 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Customer reviews
February 22, 2025
Steady setup reviewer around opening range breakouts. The useful part is planning entries around the first range, with the numbers checked before scaling. The setup should be tested across at least 15 sessions because 2 or 3 fakeouts can change the picture. The trade idea is clear, but it needs a hard stop and a defined breakout rule.
February 21, 2025
February 21, 2025
Useful trade filter if the trader wants it gives the session a clear structure from the start. It works best as support, not a final decision maker. I would track 20 market opens, the first 30 to 60 minutes and a target near 1.5R. false breaks still need filtering.
FAQ
Breakout
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.
Price
Since 17/02/2025
7
Sales