15-Minute ORB EA
Prompt
Create an Expert Advisor (EA) in MetaTrader 5 (MT5) that implements the 15-Minute Opening Range Breakout (ORB) trading strategy as described below. Strategy Details: - **Range Candle**: Identify the first 15-minute candle of the trading session. - **Entry**: Monitor subsequent 5-minute candles. When a 5-minute candle closes outside the established range high or low, place a limit order at the breakout price. - **Stop Loss**: Set the stop loss at the middle price of the 15-minute range candle. - **Take Profit**: Set take profit at double the range height measured from the entry price. Requirements: - The EA should accurately identify the 15-minute opening range candle based on the session times specified. - It should monitor 5-minute candles for breakout signals. - Upon breakout, place limit orders at the breakout level. - Manage trades with the specified stop loss and take profit. - Implement proper risk management and error handling. - Enable backtesting to evaluate strategy performance within MT5's strategy tester. # Output Format Provide the complete MQL5 source code for the EA, ready to compile and backtest in MT5 editor. Include comments within the code explaining key sections and logic for clarity.
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