ORB Multi-Session Professional System

ORB Multi-Session Professional Trading Strategy (Open Beta)

## Strategy Overview
The ORB Multi-Session Professional is an advanced Opening Range Breakout (ORB) trading strategy designed to capture high-probability trading opportunities during the European and New York trading sessions. This sophisticated strategy leverages multiple technical filters and dynamic risk management to provide a robust approach to intraday trading.

## Key Strategy Features

### Dual Session Trading
- Trades both European (07:00 UTC) and New York (13:30 UTC) opening ranges
- Flexible configuration allows trading:
- Full sessions
- European session only
- New York session only

### Advanced Entry Conditions
- Breakout trading based on 15-minute opening range
- Long and short entries triggered by price breaking above/below the session's high/low
- Optional reversal trading capabilities

### Intelligent Risk Management
- Dynamic position sizing based on:
- ATR (Average True Range)
- Customizable risk percentage
- Multiple stop-loss calculation methods:
- Percentage of opening range
- ATR-based
- Fixed value
- Flexible take-profit strategies:
- Risk-to-reward ratio
- ATR-based
- Fixed value
- Optional trailing stop

### Comprehensive Filters
- Trend filter using EMA (configurable period)
- Volume filter to ensure market activity
- Range size filter to avoid low-volatility periods
- Customizable minimum and maximum range sizes

## Risk Control Mechanisms
- Maximum trades per day (1-5 configurable)
- Dynamic position sizing
- Multiple stop-loss and take-profit strategies
- Optional trailing stop functionality

## Visualization Features
- Highlights trading sessions
- Displays opening range levels
- Shows previous day's high and low
- Visual signals for trade entries
- Informative performance table

## Strategy Configuration Options

### General Settings
- Strategy type selection
- Opening range duration
- Dynamic position sizing
- Risk percentage per trade
- Maximum daily trades

### Risk Management
- Stop-loss types:
- Percentage
- ATR-based
- Fixed value
- Take-profit types:
- Risk-to-reward ratio
- ATR-based
- Fixed value
- No take-profit option

### Filters
- Trend filter
- Volume filter
- Range size constraints

### Session Management
- Time zone adjustments
- Session-specific offsets
- Individual session enabling/disabling

## Performance Tracking
- Accumulated profit tracking
- Winning and losing trade count
- Real-time performance statistics display

## Best Suited For
- Forex markets
- Futures markets
- High-liquidity instruments
- Traders seeking structured, rule-based entry and exit strategies

## Important Considerations
⚠️ **Disclaimer:**
- Backtesting and forward testing are crucial
- Past performance does not guarantee future results
- Always use proper risk management
- Adjust parameters to match your specific trading instrument and risk tolerance

## Recommended Setup
- Timeframe: 5-15-minute charts
- Recommended markets: Major currency pairs, stock indices, commodities
- Suggested initial settings can be customized based on specific trading goals

## Version
**Current Version:** 0.1
**Strategy Type:** Multi-Session Opening Range Breakout Trading System
**Developed:** 2025 by CarlosGV