User Guide

General EA Settings

• • Magic Number: Unique identifier for the EA's trades. Use a different number for each EA instance to avoid trade conflicts. Example: 20260107
• • Strategy Name: A new concept introduced by ORB Revolution to identify, track, and analyze trading strategies beyond the traditional Magic Number. Example: ORB_EA
• • Log Level: Controls the verbosity of EA logging output in the Experts tab:
  • ◦ Errors Only: Only critical errors are logged
  • ◦ General Information: Standard operational logs (recommended for most users)
  • ◦ Detailed Debug: Comprehensive logging for troubleshooting and validation
• • Show Information Panel: If enabled, displays a real-time dashboard on the chart with strategy status, filters, trades, and performance metrics.
• • Panel Scale: Adjusts the panel display size to match your screen resolution:
  • ◦ Standard (1080p): Default size optimized for Full HD displays (recommended for most users)
  • ◦ Large (1440p): Increased size for 2K/QHD monitors
  • ◦ Extra Large (4K): Maximum size for 4K/UHD displays and ultra-wide monitors
• • Push Notifications: Sends real-time alerts to your MetaTrader mobile app. Two levels are available:
  • ◦ Critical — High-priority events only:
    • – Trade opened
    • – Trade closed (with reason)
    • – Daily drawdown limit hit
    • – Target profit reached
  • ◦ Important — All Critical alerts, plus:
    • – Breakeven triggered
    • – Partial TP triggered
    • – Trailing stop triggered
    • – Range is building
    • – Range is trading
    • – Range closed

⚠ Setup Required — MT5 Push Notifications

To receive push notifications on your phone, you must link your MetaQuotes ID (MQID) in MetaTrader 5:

1. Open MetaTrader 5 on your mobile device and tap the notification bell icon (top bar) to find your MetaQuotes ID.
2. In MT5 on your PC, go to Tools → Options → Notifications.
3. Check Enable Push Notifications and enter your MQID in the field provided.
4. Click Test to confirm the connection, then OK.

Step 1 — Find your MQID in the mobile app

Step 2 — Enter MQID in MT5 desktop Options

Panel Components Explained

The information panel is a powerful real-time dashboard that provides comprehensive visibility into your strategy's performance, current market conditions, and filter status—all directly on your chart. Enable it in General EA Settings and adjust the scale to match your screen resolution.

Range Settings

The EA builds an Opening Range between the start and end time. The highest high and lowest low in that window define the range, and the EA uses it to compute breakout/reversal levels and risk distances.

• • Range Start Hours (0-23) / Minutes (0-59): Time when the EA starts calculating the opening range. Example: 10:30
• • Range End Hours (0-23) / Minutes (0-59): Time when the range calculation ends. The high/low between start and end define the range. Example: 15:45
• • Range Close Hours (0-23) / Minutes (0-59): Time when all trades are closed and the range is reset for the next session. Example: 20:00
• • Close trades at Range Close Time: If enabled, all open trades are automatically closed at the session close time (hard session cut-off). Useful for intraday strategies.
• • Shift Mode: Controls how the shift from range extremum is calculated. Options:
  • ▸ Disabled: No shift applied - entries trigger exactly at range high/low.
  • ▸ Points: Shift measured in fixed points (standard MT5 points).
  • ▸ Range Size Multiples (RSM): Shift scales automatically based on the range size. More adaptive to market volatility.
• • Shift from Range Extremum (Points or RSM): Adds a buffer to breakout levels. The value interpretation depends on the Shift Mode:
  • ▸ When Points mode: Value is in fixed points. Example: 10 = 10 points buffer.
  • ▸ When RSM mode: Value is a multiplier of the range size. Example: 0.1 = 10% of range size.
  • ▸ Higher values = fewer triggers (less sensitive). Lower values = more triggers (more sensitive). Set to 0 for immediate breakout.
• • Draw Range: If enabled, the EA draws the calculated range on the chart for visual reference.
• • Range Color: The color used for the range box/lines on the chart. Example: DodgerBlue

General Trade Settings

Top-level controls for trade direction, strategy enablement, and volatility measurement.

• • Allow Buy Trades: Enable or disable buy (long) direction independently. Useful for directional bias or one-way strategies.
• • Allow Sell Trades: Enable or disable sell (short) direction independently. Useful for directional bias or one-way strategies.
• • ATR Period (for volatility filters): ATR period used by volatility filters to measure market movement intensity. Example: 3 for short-term volatility assessment.
• • Deactivate Breakout: If enabled, breakout trades are completely disabled for the session. Only reversal trades (if enabled) will be taken.
• • Deactivate Reversal: If enabled, reversal trades are completely disabled for the session. Only breakout trades (if enabled) will be taken.
• • Deactivate Reversal when Breakout closes in profit: If enabled, reversal is not allowed if the breakout trade ended profitably. This prevents "flipping" direction after a successful breakout move.
• • Use Candle Close SL (BO + RE): When enabled, the hard stop loss becomes a virtual SL. The EA monitors the SL level but does not close the trade on a price touch — it only exits when a candle closes beyond the SL level. This prevents premature stop-outs from wicks and intra-candle spikes, and applies to both Breakout and Reversal trades. Example: false = standard hard SL.
• • CC SL: Candle Timeframe: The timeframe used to determine candle closes when Use Candle Close SL is active. Choose a timeframe that matches your holding period — a smaller timeframe reacts faster, while a larger one gives the trade more room on wicks. Example: 5 Minutes. Only relevant when Use Candle Close SL is enabled.
• • Max Risk % of Balance per trade (0 = disabled): A safety cap for small accounts trading high-margin instruments (e.g., Gold, BTC). When the EA calculates position size using % risk and the minimum allowed lot (e.g., 0.01) still results in an actual risk that exceeds this threshold, the trade is skipped rather than entered with oversized risk. Example: a 1% risk target on a $1,000 account with a 5,000-point Gold SL may produce a $50 exposure (5%) at minimum lot — setting this to 3.0 would skip such trades. Set to 0 to disable.

Entry Engine Settings

Controls how and when the EA pulls the trigger on a valid setup — entry type, candle confirmation, distance filters, and retest precision.

• • Entry Type: Selects the entry mode — Breakout (immediate cross of range boundary), Retest (wait for price to pull back to the boundary after breaking), or both.
• • Candle Close Confirmation: If enabled, an entry triggers only after a candle closes beyond the range boundary. If disabled, entries fire immediately on breakout. Example: false for immediate execution.
• • Confirmation Candle Timeframe: Timeframe used for the confirmation candle (e.g., M5, M15). Only relevant when Candle Close Confirmation is enabled.
• • Max Candle Close Distance in RSM (0 = disabled): Maximum allowed distance between the candle close and the range boundary at entry time, measured in Range Size Multiples. Set to 0 to disable and allow entries at any distance.
• • Retest: Validation Level in RSM: Minimum distance price must travel beyond the range before the retest entry arms. Prevents triggering on shallow probes. Example: 0.5 = price must move at least half the range size beyond the boundary.
• • Retest: Entry Offset in RSM: Adjusts the exact entry price relative to the range boundary for retest trades. 0.0 = enter at the range edge; 0.5 = enter at mid-range.

Breakout Trade Settings (BO)

Breakout logic trades the range expansion beyond the opening range boundary. BO parameters affect sizing, entry eligibility, and how the position is managed.

Position Sizing (Risk Per Position)

• • BO: Volume Type: Defines how risk per position is calculated. Options include:
  • ◦ Fixed Lot: Always trade a fixed lot size regardless of account balance or stop loss distance
  • ◦ % Risk: Risk a percentage of your account equity on each trade (recommended for most traders)
  • ◦ Fixed Money Risk: Risk a fixed dollar/currency amount per trade
• • BO: Volume / Risk / Money Value: The numeric value used for the selected sizing method. Examples: 0.01 lots, 1% risk, 100$ risk.

Stops & Targets (RSM-based)

• • BO: SL Mode: Selects how the stop loss is calculated. Two options:
  • ◦ Stop Loss in RSM: Fixed distance from entry as a multiple of the range size (e.g., 0.5 = half the range away).
  • ◦ Stop Loss by Structure: SL is placed at the last valid swing point (high/low) — dynamic and market-context aware.
• • BO: SL in RSM (if RSM mode): The RSM distance used for the stop loss when SL Mode is set to Stop Loss in RSM. Example: 1.0 = SL is one full range size from entry. Ignored when Structure mode is active.
• • BO: Structure Left / Right Bars: (Structure mode only) Number of bars required on each side of a swing point to consider it valid. Higher values produce fewer but more significant swing points.
• • BO: SL Offset in Points: A fixed offset added to the calculated SL price, expressed in points. Use this to push the stop a few points beyond the structural level or RSM distance to account for spread and slippage. Example: 0 = no offset.
• • BO: Max SL Mode: Defines what the EA does when the calculated SL distance exceeds the configured maximum. Three options:
  • ◦ Disabled: No maximum SL cap — the EA always uses the full calculated SL regardless of size.
  • ◦ Skip Trade: If the SL exceeds the maximum, the trade is skipped entirely.
  • ◦ Adjust SL: If the SL exceeds the maximum, it is clamped to the max value and the trade is taken with the reduced SL.
• • BO: Max SL in RSM (used when mode != Disabled): The maximum allowed SL distance as a multiple of the range size. Only evaluated when Max SL Mode is set to Skip Trade or Adjust SL. Example: 2.0 = SL cannot exceed twice the range size.
• • BO: Take Profit in RSM (0 = No TP): Take profit distance as a multiple of the range size. Use 0 to disable fixed TP.

Time Filter (Optional Gate)

• • BO: Use Time Filter: Restrict breakout entries to a specific time window.
• • BO: Not Before Hour / Minute: Earliest time breakout entries are allowed.
• • BO: Not After Hour / Minute: Latest time breakout entries are allowed.

Volatility Filter

• • BO: Use Volatility Filter: Trade only if volatility conditions are met.
• • BO: Volatility Action: Defines whether to trade when volatility is above, below, or within a target range.
• • BO: Volatility Condition: The exact rule applied (e.g., Range > max, Range < min, min < Range < max).
• • BO: Min / Max Range %: Minimum and maximum allowed range size as a % of the reference (commonly ATR-based).

Oscillator Filter

• • BO: Use Oscillator Filter: Trade only if the oscillator filter passes.
• • BO: Oscillator Action: Include or exclude certain market conditions.
• • BO: Oscillator Condition: Choose the market condition — Neutral (within Deviation 1), Trend (between Deviation 1 and 2), or Strong Trend (outside Deviation 2).
• • BO: Timeframe: Timeframe used for the Bollinger oscillator reading.
• • BO: Period: Bollinger Band length (based on EMA).
• • BO: Deviation 1 / 2: Bollinger Band deviations describing market conditions — Neutral = within Deviation 1, Trend = between Deviation 1 and 2, Strong Trend = outside Deviation 2.

Trend Filter

• • BO: Use Trend Filter: Choose between using Intraday VWAP or Moving Average as the trend filter.
• • BO: VWAP Start Hour: Hour to anchor the intraday VWAP.
• • BO: VWAP Start Minute: Minute to anchor the intraday VWAP.
• • BO: MA Period: Length of the Moving Average.
• • BO: MA Timeframe: Timeframe of the Moving Average.
• • BO: MA Type: Moving Average type (SMA, EMA, WMA, etc.).
• • BO: Logic: Normal logic (Buy Above / Sell Below) or Reverse Logic (Sell Above / Buy Below).

Breakeven

• • BO: Use Breakeven: If enabled, the EA moves SL to breakeven once profit reaches the trigger threshold.
• • BO: BE Trigger in RSM: Profit distance (in RSM) required to trigger breakeven.
• • BO: BE Guard in RSM: Extra distance added beyond breakeven for safety, measured in Range Size Multiples. Covers commission and slippage to prevent premature stop-outs.

Trailing Stop

• • BO: Use Trailing Stop: Enables trailing stop management.
• • BO: Trail Trigger in RSM: Profit distance required to start trailing.
• • BO: Trail Step Mode: Trailing method: by range size step (SD) or by candle high/low.
• • BO: Trail Step in RSM: Trailing step size (when using SD/range mode).
• • BO: Candle Lookback: Number of candles used for trailing (candle mode).
• • BO: Candle Timeframe: Timeframe used for trailing (candle mode).
• • BO: Trail only when SL in profit: If enabled, trailing starts only after the SL is already in profit.

Partial Take Profit

• • BO: Use Partial Take Profit: Enables partial position closes at pre-defined levels.
• • BO: TP1 Enabled / Trigger / Close %: Enable TP1, set trigger (RSM), and define the percentage to close.
• • BO: TP2 Enabled / Trigger / Close %: Enable TP2, set trigger (RSM), and define the percentage to close.

Reversal Trade Settings (RE)

Reversal logic attempts to trade a rejection/rotation after an extension beyond the range. The RE parameter set is identical to the Breakout (BO) configuration — every group (Position Sizing, SL Mode, Stops & Targets, Time Filter, Volatility Filter, Oscillator Filter, Trend Filter, Breakeven, Trailing Stop, Partial TP) exists for RE with the exact same behaviour. Simply substitute RE: for BO: on every parameter name and refer to the Breakout Trade Settings section above for full descriptions.

News Filter Settings

The news filter blocks trading around economic events. It can also take pre-news actions to reduce exposure. Want to backtest with news filtering? See the News Backtesting section below.

Days Filter Settings

• • Use Day Control: Enable/disable day-based trading rules.
• • Trade Monday–Sunday?: Choose which weekdays the EA is allowed to trade.

Obfuscation Settings (Optional)

Obfuscation is an advanced option that can randomize execution and hide levels. Use carefully and only if you understand the operational implications.

• • Enable Trade Obfuscation: If enabled, hides trade details and randomizes execution.
• • Min / Max Price Offset (points): Randomizes entry/exit prices within this points range.
• • Min / Max Time Delay (ms): Randomizes order execution timing.
• • Hide TP/SL (use virtual levels): Conceals stop loss/take profit from the broker (EA manages them virtually).

Risk Management System (Optional)

The Risk Management System provides comprehensive safety for strict risk regimes, including prop-firm challenge rules and funded account requirements. It offers two independent protection mechanisms: Daily Loss Limiter and Profit Target System. When either threshold is hit, trading is blocked and optional actions may be executed.

Multi-EA Risk Management Coordination

IMPORTANT: Only ONEORB Revolution EA instance should have Risk Management enabled on your account. This designated "master" EA monitors the entire account and coordinates protection across all ORB Revolution EAs using global variables.

How it works:

• • The EA with Risk Management enabled acts as the master controller
• • All other ORB Revolution EAs should have Risk Management disabled
• • When the master EA detects a breach (daily loss or profit target), it sets global variables
• • All ORB Revolution EAs on the account read these global variables and respect the breach
• • This ensures account-wide protection even with multiple EAs/charts running simultaneously

Best Practice: Enable Risk Management on your primary chart/symbol only. Disable it on all other ORB Revolution instances. The master EA will protect your entire account regardless of which EA opens trades.

Alert When Multiple EAs Enabled

MT5 will show this warning if Risk Management is enabled on multiple ORB Revolution instances