Unit 23 FX ORB

Unit 23 FX ORB

Unit23 Forex ORB EA – Opening Range Breakout System

Live Environment: MetaTrader 5
Supported Symbols: Forex Major & Minor Pairs

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IMPORTANT: After purchase, please send a private message to receive the installation guide and session setup instructions.

Description

Understanding ORB Trade Frequency
Why trades occur only during defined session windows.

How to Set Up Unit23 Forex ORB EA
Session configuration and breakout timing guide.

Preset Files
Optimized configurations for common forex pairs.

Strategy Overview

Unit23 Forex ORB EA is an automated Opening Range Breakout (ORB) system designed for forex markets. The EA builds a defined price range during a configurable session window and then monitors for structured breakouts beyond that range.

The system can optionally wait for confirmation candles or retests before entry, helping filter false breakouts and reduce exposure to early session volatility.

Trades are evaluated on closed bars by default, supporting consistent signal validation.

Risk & Trade Management

The EA includes robust position and exposure controls:

• Fixed lot or percentage-based risk

• ATR-aware stop loss logic

• Multiple take-profit modes:

  • Risk-to-reward

  • ATR-based

  • Fixed targets

• Optional timed close logic

• Trade cooldowns and daily trade limits

• One trade per direction per session (optional)

All orders are normalized to broker constraints and validated against margin availability.

Trading Specifications

• Traded instruments: Forex majors and selected crosses

• Platform: MetaTrader 5

• Timeframes: M5–M30 commonly used (configurable)

• Minimum deposit: Broker-dependent

• Account type: ECN / Raw spread recommended

• Leverage: Broker-dependent

Features & Configuration

• Session-based opening range detection

• Breakout buffer and confirmation logic

• Optional retest entries

• Spread and volatility filters

• ATR-adaptive risk management

• Market-safe execution logic

Installation & Support

Attach the EA to the desired symbol and timeframe, configure session hours, and enable auto-trading.
Support is provided through MQL5 private messaging.

Risk Disclaimer

Automated trading carries risk. Performance depends on market behavior, broker execution, and configuration.
Demo testing is strongly recommended prior to live deployment.