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 Plus Volume Confirmation
This MetaTrader 5 expert advisor automates an Opening Range Breakout strategy with multiple technical filters.
GitHub stars1
Forks0
Last update1 year ago11 Aug 2025
LicenceNone stated
Overview
ORB Plus Volume Confirmation defines a price range during a specific morning window and triggers trades upon a breakout. The system incorporates a Choppy Market Index filter to avoid consolidation, Cumulative Volume Delta for volume-based divergence analysis, and Moving Average crossovers for trend validation. Risk management is handled through range-derived stop losses and a profit multiplier for targets. The repository lacks a README, though the code provides extensive parameters for session timing.
- Configurable Opening Range session window
- Choppy Market Index volatility filter
- Cumulative Volume Delta divergence check
- Moving Average trend crossover validation
Details
Author
kasutu on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Trend following
Markets
Any symbol
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.
Input Parameters
Read from or_refactored.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
min_lot_size | double | 0.01 | |
magic_number | int | 12345 | |
volume_multiplier | double | 1.065 | |
sl_method | ENUM_SL_METHOD | SL_ORB_HALF_RANGE | |
sl_tolerance_price | double | 0.0003 | |
orb_start_hour | int | 5 | |
orb_start_minute | int | 0 | |
orb_end_hour | int | 5 | |
orb_end_minute | int | 30 | |
trade_window_limit_hour | int | 16 | Extended to 4 PM NY time |
profit_multiplier | double | 6.0 | |
use_ema_confirmation | bool | true | Use EMA crossing confirmation |
Show all 21 inputs
| Name | Type | Default | Description |
|---|---|---|---|
use_cvd_confirmation | bool | true | Use CVD divergence confirmation |
cvd_lookback_periods | int | 10 | CVD divergence lookback periods |
use_cmi_filter | bool | true | Use Choppy Market Index filter |
cmi_period | int | 14 | CMI calculation period |
cmi_threshold | double | 70.0 | CMI threshold (above = choppy market) |
draw_indicators | bool | true | Draw indicators on chart |
draw_ema_lines | bool | false | Draw EMA 50/200 lines (disabled for performance) |
draw_cmi_histogram | bool | true | Draw CMI histogram in subwindow |
draw_cvd_line | bool | true | Draw CVD line in subwindow |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone kasutu/bootleg-indicators 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
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
Binario is a breakout expert advisor for MetaTrader 4 and 5 that utilizes a price channel constructed from two moving averages of the same period. By default, it uses a 144-period exponential moving average applied to both highs and lows. It enters trades when the price moves outside this band by a predefined pip dista
Prop Firm EA Fleet is a collection of MetaTrader 5 robots designed for passing prop firm evaluations and managing funded accounts. The suite utilizes various strategies including market structure analysis, session range breakouts for London and New York sessions, and high-frequency scalping. It features strict risk man
Need a Broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers