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
Trading robot · MT5
ORB Daily Bias EA
This Expert Advisor for MetaTrader 5 executes an Opening Range Breakout strategy enhanced with a daily trend filter.
GitHub stars2
Forks0
Last update10 months ago7 Nov 2025
LicenceNone stated
Overview
ORB Daily Bias EA identifies the high and low price levels during a specific market session opening, defined by the user. The robot enters trades when price breaks out of this range, but only if the direction matches the trend indicated by a Moving Average on a higher timeframe. Risk management includes configurable stop loss and take profit targets in points, a maximum spread filter, and the choice between fixed lot sizes or a balance-based risk percentage.
- Opening Range Breakout logic
- Daily bias moving average filter
- Dynamic risk percentage lot sizing
- Configurable session start and duration
- Integrated spread filter
Details
Author
AzPo1 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Trend following
Markets
Forex, Indices, Oil & commodities
Timeframes
M15-H1
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 ORB_DailyBias_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpSymbol | string | | Symbol to trade (Leave empty to use chart symbol) |
InpORBStartHour | int | 10 | ORB Start Hour (Server Time) - Default 10:00 AM for Tadawul |
InpORBStartMinute | int | 0 | ORB Start Minute (Server Time) |
InpORBDurationMinutes | int | 30 | ORB Duration in Minutes |
InpBiasTimeframe | ENUM_TIMEFRAMES | PERIOD_D1 | Timeframe for Daily Bias (e.g., D1) |
InpBiasMA_Period | int | 20 | Moving Average Period for Bias |
InpLots | double | 0.01 | Fixed Lot Size |
InpRiskPercent | double | 1.0 | Risk per trade as a percentage of balance (0.0 = fixed lots) |
InpTakeProfitPips | int | 1000 | Take Profit in Points |
InpStopLossPips | int | 500 | Stop Loss in Points |
InpMaxSpreadPips | int | 10 | Maximum allowed spread in points |
InpMagicNumber | int | 12345 | Magic Number for the EA |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone AzPo1/Expert-Advisor-for-ORB-strategy 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.
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