# ORP Dip Expert

A professional trend-following robot that buys market dips in uptrends and takes profits during market euphoria.

Canonical: https://prismaticalgos.com/compendium/algo/7323-orp-dip-expert
Record ID: 7323
Catalog rank: 2312 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/market/product/152527
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Build warnings: MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.

## Recorded profile

- symbols: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, XAUUSD, XAGUSD
- timeframes: H1, H4, M30, Daily
- sessions: Not specified
- market_regime: trending

## Indicators

- 200-period SMA: {}; applied to: close
- 20-period SMA: {}; applied to: close
- ATR: {}; applied to: close

## Recorded long-entry rules

- Price above 200-period SMA
- Price pull back below 20-period SMA by volatility-adjusted distance
- Confirmed with momentum indicator

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Automatically trims positions when market becomes overextended
- Uses trailing stops that adapt to market volatility
- Optional fixed profit targets
- Each position has its own protective stop loss

## Recorded filters

- Spread Filter
- Maximum Position Limits
- Margin Protection

## Risk controls

- Stop loss: Volatility-adjusted stops that widen in volatile markets and tighten in calm conditions
- Take profit: Optional fixed profit targets
- Position sizing: Percentage Risk Mode: Automatically calculates position size based on your chosen risk percentage (default 0.5% per trade)