Technical Indicators for MetaTrader 4

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MetaTrader 4

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ORB with Targets

orb-with-targets-logo-200x200-5765
50 $38 $

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Information

Indicators
MetaTrader 5
Vishnu Bajpai
1.11
5

Overview

Unlock the power of the Opening Range Breakout (ORB) strategy with this highly visual, customizable MT5 indicator! Designed for intraday and session-based traders, this tool automatically plots:

✔️ Opening Range High & Low
✔️ Multi-Level Target Lines (Above & Below)
✔️ Clean Range Highlight (Grey Fill Box)
✔️ Session Timing Fully Customizable
✔️ Color Customization for Every Level

If you liked this product please explore risk management utility as well  https://www.mql5.com/en/market/product/147716?

or easy to use profitable EA - https://www.mql5.com/en/market/product/147902?

? Why You’ll Love It:

  • ? Perfect for London/NY Open Breakouts

  • ⚙️ Adjustable number of target levels (1 to 10+)

  • ? Fully style your chart to match your theme

  • ? Works on any pair, any timeframe below daily

  • ? Automatically resets and updates daily

? Use Cases:

  • Combine with volume spikes or momentum indicators

  • Ideal for prop firm challenges or scalping routines

  • Great for teaching price action structure live on chart

? Whether you're trading Gold, US30, NAS100, or FX pairs — this indicator gives you a professional edge by simplifying your range and target tracking.

How to trade this indicator ? Wait for ORH or ORL breakout and closure, mark the candle high or low and wait for retest, once retest happens take the trade when high or low breaks, hold till target 1 and move it to breakeven 


Attached screenshots are of XAUUSD (15min) and NAS100 (15min)

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