# ORB Risk Managed - Opening Range Breakout with Account Protection

Places Buy Stop and Sell Stop orders based on the opening range and manages risk with account protection rules.

Canonical: https://prismaticalgos.com/compendium/algo/7412-orb-risk-managed-opening-range-breakout-with-account-protection
Record ID: 7412
Catalog rank: 130 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/code/77967
Evidence label (unverified): source_code

## 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

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: US100 / Nasdaq 100 index CFD
- timeframes: M1
- sessions: US session open 16:30 server time
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Buy Stop placed above the opening range

## Recorded short-entry rules

- Sell Stop placed below the opening range

## Recorded exit rules

- When one order is filled, the other is deleted (OCO). Positions are closed before the session end.

## Recorded filters

- ATR filter: skip days with an unusually small or large range

## Risk controls

- Stop loss: not explicitly stated
- Take profit: not explicitly stated
- Position sizing: calculated from risk and stop distance. If even the minimum lot exceeds the allowed risk, the trade is skipped.