by 
This MetaTrader 5 expert advisor implements an open range breakout strategy specifically designed for gold trading on the hourly timeframe. It identifies the high and low of the initial trading hour and establishes a definitive range after a user-defined consolidation period. Trades are triggered when price breaks thro
Trading robot ยท MT5
Opening Bot
Opening Bot is an automated trading robot for MetaTrader 5 that executes an opening range breakout strategy.
GitHub stars3
Forks0
Last update2 months ago16 Jul 2026
LicenceNone stated
Overview
Opening Bot identifies the high and low price levels during specific market session starts, such as London, New York, Tokyo, or Sydney. The EA supports three entry models: instant breakout of the range, waiting for a candle close outside the range, or placing pending stop orders. Risk management features include lot sizing based on a fixed percentage or dollar amount, customizable stop loss margins, and take profit targets based on risk-to-reward ratios.
- Automated session-based opening range breakout logic
- Multiple entry triggers including candle close and pending orders
- Risk management using percentage or fixed dollar balance risk
- Customizable session times for London, New York, Tokyo, and Sydney
- Visual chart overlays for session ranges and trade levels
Details
Author
shahabodin121 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout
Markets
Forex, Gold, Crypto
Timeframes
M1-M5, M15-H1, H4 and above
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from OpeningBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
General | string | --- General Setting --- | |
time_Trade | ENUM_TIMEFRAMES | PERIOD_M15 | Timeframe for trading |
befor | bool | false | Trade before the session opens |
after | bool | true | Trade after the session opens |
trigger_ | string | -- intry model -- | |
highandlow | bool | false | Use the First high or low |
close | bool | true | Use the First close |
BuyStop_SellStop | bool | false | Use the Buy Stop Or Sell Stop |
MarginOnHighLow | int | 5 | |
Sessions | string | -- Sessions Setting -- | |
SyTrade | bool | false | Enable Sydney session trading |
SyHour | int | 1 | Start Sydny Hour |
Show all 33 inputs
| Name | Type | Default | Description |
|---|---|---|---|
SyMin | int | 30 | Start Sydny Min |
ToTrade | bool | false | Enable Tokyo session trading |
ToHour | int | 3 | Start Tokyo_Hour |
ToyMin | int | 30 | Start Tokyo_Min |
LnTrade | bool | false | Enable London session trading |
LnHour | int | 10 | Start London_Hour |
LnMin | int | 30 | Start London_Min |
NyTrade | bool | false | Enable New York session trading |
NyHour | int | 16 | Start NewYork Hour |
NyMin | int | 30 | Start NewYork Min |
Managment | string | --- Trade Setting --- | |
MarginOnStopLoss | int | 2 | |
Risk | double | 1 | RISK to percent % |
Doller | double | 0.0 | RISK to Doller $ |
TakeProfit | int | 2 | RISK to reward : Tp |
Spread | int | 5 | |
ExpierLimit | int | 0 | Expierton for intry - per candel |
visual | string | -- Color Setting -- | |
clrLine | color | clrDarkBlue | Horizntal Line on Trade Limit |
clrvline | color | clrLavender | vertical line |
clrText | color | clrBlack | text Session color |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone shahabodin121/OpeningBot from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
Similar expert advisors
Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
This MetaTrader 5 expert advisor specializes in trading Gold (XAUUSD) by targeting volatility during the New York session. It utilizes an Average True Range (ATR) indicator to identify market trends and determine entry levels for limit orders. Risk management includes fixed stop loss parameters and dynamic trailing sto
Black XAU is an automated trading robot for MetaTrader 5, specifically designed for gold. It utilizes a multi-timeframe breakout and retest strategy, identifying trading zones based on initial H4 market structure. Entries are triggered on the M5 timeframe when price retests a confirmed breakout level. The expert adviso
This MetaTrader 5 expert advisor implements a box breakout strategy designed for the foreign exchange market. The robot identifies price ranges during specific time windows and enters trades upon a breakout. It features a trend filter using fast and slow moving averages to align entries with broader market direction. R
First Candle Breakout is a MetaTrader 5 expert advisor designed to trade the breakout of the high or low of the first candle within a specified period. While traditionally used with the first 60-minute candle, the software allows users to configure any timeframe for the initial range. The robot enters a buy position wh
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers