Algorithmic Opening Range Breakout for MetaTrader 5. Data-driven, statistically validated, built on structural market mechanics.
ORB Edge exploits the Opening Range Breakout on DAX — specifically the structural flow created by Eurex ODAX weekly options expiry. This isn't a generic indicator mashup. It's a mechanical edge rooted in derivatives market structure.
Identifies the 15-minute opening range after market open. Proportional offsets adapt to daily volatility — no fixed pip targets.
Trades only when the previous day's range is narrowest in 4 days (Crabel's NR4). Compression precedes expansion — scientifically validated.
The ODAX weekly options expiry creates predictable directional flow. This structural inefficiency is the core edge — not overfitted parameters.
EOD close caps drawdown. RR 0.7-0.8 targets achievable intraday moves. Every parameter choice was validated to reduce, not maximize.
Key configurations from 200+ backtests on DAX (2022-2025). Every result verified against raw MT5 reports with 100% match.
| Config | Days | RR | Filter | PF | Win Rate | Trades | Max DD |
|---|---|---|---|---|---|---|---|
| DAX Deployed | Fri | 0.8 | NR4+Prop | 3.06 | 72.7% | 22 | 0.96% |
| DAX Friday | Fri | 0.7 | Proportional | 2.25 | 70.2% | 94 | 2.54% |
| DAX All Days | Mon-Fri | 1.2 | NR4 | 1.37 | 61.2% | 121 | 4.07% |
| NAS Best | Mon-Fri | 1.0 | NR4+Off0.6 | 1.40 | ~58% | 223 | ~5% |
Full transparency. Every parameter explained, every backtest reproducible.
Native MQL5. Runs on any MT5 broker supporting DAX (DE40/GER40). One-click install, zero dependencies.
Optimized configs for DAX and NASDAQ. Portfolio diversification with near-zero correlation (0.07) between instruments.
Python backtest runner included. Reproduce every result. Run your own parameter sweeps. No trust required — verify everything.
Bootstrap confidence intervals, permutation tests, walk-forward analysis. Not just profitable — statistically significant (p < 0.05).
Percentage-based position sizing. EOD close. Max spread filter. Breakeven stop option. No overnight risk.
Complete documentation of 200+ backtests, 43+ confirmed patterns, and the research that drove every design decision.
DAX + NAS: near-zero overall correlation, negative downside correlation. When one loses, the other tends to win.
ORB Edge is currently in live validation. Join the waitlist to get early access when we launch.
Currently running paper-trading validation. Expected launch Q3 2026.