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Open Range EA 5.0

Robô de Negociação para Metatrader (MT4)

  • Visão global

    Este Expert Advisor implementa a famosa Opening Range Breakout Strategy de Toby Crabel, uma estratégia de negociação de curto prazo simples, porém eficaz, descrita no livro Day Trading With Short Term Price Patterns and Opening Range Breakout , que ainda se aplica hoje.

    • Fácil de usar e supervisionar
    • Configurações totalmente configuráveis
    • Gerenciamento de dinheiro integrado
    • Funciona para corretores ECN/não ECN
    • Funciona para símbolos de 2-3-4-5 dígitos
    • A negociação é compatível com FIFO (NFA)

    The Opening Range Breakout Strategy

    Using this strategy, the trader places a buy stop just above the open price plus the Stretch and a sell stop just below the open price minus the Stretch. The first stop triggered enters the trader into the trade and the other stop becomes the protective stop.

    Crabel's research shows that the earlier in the trading session the entry stop is hit the more likely the trade will be profitable at the close. A market movement that kicks off a trend quickly in the current trading session could add significant profit to a trader's position by the close and should be considered for a multi-day trade.

    Extending Crabel's research results it is obvious that as time passes and we are not filled early on then the risk increases and it becomes prudent to reduce the size of the position during the day. Trades filled towards the end of the day carry the most risk and the later in the day the trade is filled the less likely the trader will want to carry that trade overnight.

    What is the stretch?

    The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session.

  • Parâmetros

    Ao carregar o gráfico expert, você terá à sua disposição uma infinidade de parâmetros de entrada, agrupados em blocos de fácil compreensão.

    Stretch Settings
    This parameter is the period of the Stretch. This value is used to calculate breakout thresholds for the current trading session.
    Position Management
    This group of settings applies to trading decisions and trade management. You can customize the break-even level, break-even behavior, trailing-stop and take-profit.
    Money Management
    In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. I always recommend setting a manual lotsize for each trade.
    EA Settings
    You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
  • ? FAQ
    Is the EA NFA/FIFO Compliant?
    Yes, it is.
    Do I need a VPS to run the EA?
    Yes, you do. Or having your home computer turned on 24/5.
    Can I interfere with the trades of the EA?
    Yes, you won't cause the EA to missbehave.
    Will this EA interfere with other EAs running in my account?
    No, it won't.

Imagens

Open Range EA EA for Metatrader
Open Range EA EA for Metatrader
Open Range EA EA for Metatrader

Vídeos

Watch it in action