Opening range breakout with 2 profit targets. Opening Range Breakout with 2 Profit Targets.

Opening range breakout with 2 profit targets instead of closing your entire position at one profit target, you lock in profits on half your position (TP1) while letting the other half run for larger moves (TP2). Opening Range Breakout with 2 Profit Targets. Opening Range - Support/Resistance Luxy BIG beautiful Dynamic ORB This is an advanced Opening Range Breakout (ORB) indicator that tracks price breakouts from the first 5, 15, 30, and 60 minutes of the trading session. 5% range (RR 1:2). Research Goal: Performance of exit strategies. Risk-to-reward ratio is set for balanced performance. You can trade one contract or twenty The Opening Range Breakout V3 EA Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. It is recommended to set profit targets anywhere from 1. , first 5, 15, or 30 minutes) and trade a decisive break or a validated retest of that range. Configure the strategy with your own entries and exits, stop loss, trailing stop, break-even logic, and multiple profit targets. Rooted in principles laid down in the 1960s, the strategy remains relevant today for both stock and forex markets. Wait for the price to move above or below this range. Set date range to "Entire History" to see full effect of the strategy. Discover the difference between "by wick" vs "by close" customizations and get data-backed targets for your trades. Identifying Key Support and Resistance Levels 4. There is also a strategy with risk and target lines included. The indicator can analyze the market trend in the current session and give "Buy / Sell", "Take Profit" and "Stop Loss" signals. For more information about the analyzing process of the indicator, you can read "How Does It Work ?" section of the description. e. Jan 29, 2023 · Opening range breakouts are popular among day traders. Built as a free Aug 17, 2025 · The Opening Range Breakout (ORB) strategy is one of the most popular and widely used intraday trading techniques in the stock market, forex, and futures trading. Traders rely on this method to capture strong price movements that often occur soon after the market opens. 18, Max Drawdown: $18,624. Works on the most popular timeframes: 1M, 3M, 5M, 15M, 30M, 45M NOTE: At position open - there will be calculated Take-Profit and Stop-Loss targets, however each target is considered hit, when candle bar closes breaking that target, so Take-Profit and Stop-Loss when hit will slightly differ then levels at position open! Jul 10, 2014 · Opening Range Breakout with 2 Profit Targets. If you risk 25 cents, your first PT is 50 cents Learn 3 opening range breakout methods and simple trading strategies to trading the breakout and further price action. When the strategy enters long, the stoploss will be 10 ticks below the entry and the profit target 20 ticks above. Trading strategy based on the Opening Range Breakout (ORB). Opening Range Calculation: At market open (9:30 AM EST), the strategy monitors opening range. Apr 21, 2023 · Step 5: Set Stop-Loss and Take-Profit Levels Once the trade is entered, traders should set the stop-loss and take-profit levels to manage risk and maximize profits. Why it works: Overnight orders accumulate May 29, 2018 · More over, it automatically sets 2 profit targets above and below the range: 1 based on half of the range size and 1 equals to the total size of the range. Sep 17, 2024 · Opening Range with Breakouts & Targets is based on the long-standing Opening Range Breakout strategy popularized by traders such as Toby Crabel and Mark Fisher. Jul 22, 2025 · Learn the Opening Range Breakout trading strategy, its execution tips, and how to improve accuracy with technical indicators and risk management. The strategy identifies the high and low prices of the opening session and takes trades based on price crossing these levels, with built-in risk management and trade limits for intraday trading. Jul 30, 2025 · Note: Default trading date range looks mediocre. Sep 17, 2024 · TradingView India. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500. 4. This indicator will draw the breakout probability on your trading view and you can ORB Strategy Live on NQ The chart in the video shows NQ trading with the Opening Range Breakout (ORB) strategy live. Jun 23, 2025 · Read this article to master the Opening Range Breakout strategy, enhancing your trading skills with adaptable methods for volatile markets. It's based on observing predictable market behaviors, particularly during the opening minutes of trading. Jan 2, 2025 · On this first example entry setup which is run on MES on the 1 Minute Timeframe, the opening range is set to span from 09:30 to 09:35 EST. The Opening Range Breakout is a trading strategy that takes advantage of the increased volatility at the open of a trading session. 1. The ORB strategy is based on the concept that the opening range of a Apr 19, 2025 · Master setting precise profit targets using the ORB by performance subreport. Jan 2, 2025 · The second step of the strategy is to wait for a breakout of the price from the opening range. It was developed in the 1980s by Toby Crabel and explained in his book under the catchy title: Day Trading with Short Term Price Patterns and Opening Range Breakout. this gives you flexibility Feb 24, 2025 · Based on historical price data, it helps calculate the opening range, stop-loss levels, and potential profit targets. save time and trade the first 15 minutes with data-backed stats. An adaptive intraday strategy powered by ML. NET machine learning, based on the Opening Range Breakout concept. It then monitors for breakouts above or below this range and plots dynamic take-profit levels based on your chosen multipliers. Boost your trading results Dec 12, 2024 · IU Opening Range Breakout Strategy This Pine Script strategy is designed to capitalize on the breakout of the opening range, which is a popular trading approach. This article dives deep into the ORB strategy and its application in these markets It will then render upper and 2 lower Price Target Levels based on 50% and 100% profit targets of the Opening Range. Discover trade filters, triggers, targets and stops. ***Known PineScript Issue…While the Opening Range is being Formed the lines only adjust for that individual bar. Jun 16, 2023 · The opening range breakout strategy is best understood by a few rules in the following example: 1. openingrangebreakout — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! — Indicators and Strategies — India Learn the ORB strategy to trade stocks & forex with precision. Risk Management Aug 11, 2024 · Here’s how a trader might approach this: Breakout Above 105-: The trader places a buy order at 105. For example, if the range is 50 pips, set your take-profit level 50 pips beyond the breakout point. Apart from displaying the opening range high and low on a chart, the script also plots customized potential price targets (different from any other on TradingView!) for breakouts and breakdowns in price action. 2. This strategy was introduced in the 1990s by American trader Toby Sep 7, 2024 · ORB Range Alerter with Shading, VWAP Check, MACD Check, and Extended Fibonacci Levels for TP – Fully Customizable This indicator is designed to give you a comprehensive analysis of the Opening Range Breakout (ORB) combined with advanced conditions based on VWAP and MACD indicators, along with Extended Fibonacci Levels for both long and short TP positions. find high probability setups and learn how to apply edgeful's tools to your futures trading. 5 to 3, depending on individual trading preferences. 5x Opening Range target. 3. This method focuses on price action during the initial phase of market trading and uses the price range established at the market open to inform potential trade entries. The first 15 to 30 minutes of the morning each day are the best trading opportunities to consider each day for your You’ll learn how the ORB Algo indicator defines the opening range, confirms real breakouts, filters out fakeouts, and signals you about entries and exits with dynamic stop-loss and take-profit The breakout occurs 6 minutes after the end of the opening range period, and the S&P 500 goes on to hit not only the first and second targets, but exceeds well past that. And a Faire Value Gap is required for entering a trade after price retrace to the opening range. Test: Target Exit & Time Exit. An opening range breakout is a fairly simple strategy that involves taking a position when a price breaks above or below the previous candle high or low. Opening Range Breakout (ORB) Strategy The Opening Range Breakout (ORB) is a classic momentum trading strategy. 50. This simple, rules-based approach has long been a go-to Luxy BIG beautiful Dynamic ORB This is an advanced Opening Range Breakout (ORB) indicator that tracks price breakouts from the first 5, 15, 30, and 60 minutes of the trading session. Advanced Fibonacci levels plot on the charts to give you predetermined targets to take your gains. It analyzes the first five-minute candle after market open to identify momentum Oct 26, 2022 · As a professional day trader of more than 15 years, the opening range breakout trade is one of the easiest and consistent ones to implement. High R^2 Overview The Opening-Range Breakout strategy is a mechanical, session‑based day‑trading system designed to capture the initial Trade structured intraday breakouts with L. We supply all the settings for the strategy in our manuals and videos so you can get started right away. Discover how to identify breakouts, set targets, and manage risk with our comprehensive guide. 2 days ago · the orb algo with 2 take profit targets is an enhanced version of the opening range breakout strategy that uses 2 contracts with separate exit points. The approach aims to capitalize on early market momentum Aug 5, 2025 · A smarter and easy to use Opening Range Breakout indicator, allowing you to trade the strategy like a pro. Apr 5, 2025 · Target Profit: Traders often set a target profit level based on the distance between the opening range and the breakout point. Feb 6, 2023 · This Opening Range Breakout indicator stands apart from others for several reasons. How Traders Use the Open Range: Breakout Trades: If the price breaks above the open range high, it may indicate bullish momentum. The opening range breakout strategy is a time-tested trading approach. From the RTH session range, it also displays infinitely generating Price Targets based on a % of the opening range size. Add the size of the range to the high and place a buy order at that price. Aug 17, 2025 · How It Works 1. May 10, 2024 · Opening Range Breakout Strategy The Opening Range Breakout (ORB) is a classic trading strategy designed to capitalise on volatility during the first few minutes following the market's opening bell. This indicator is predicated on the idea that the first range set during the market opening can establish the tone for the rest of the … Continued When you’re trading the opening range breakout, you’ll find it’s a strategy that can offer substantial profit potential, but it’s also has many pitfalls that can quickly drain your trading account. This is where the price action and high volume can move throughout the day and breakout. Jun 27, 2025 · Learn how to trade the opening range and discover how to backtest and automate 0DTE opening range breakout options trading strategies. Percent of opening range to use - (NUMBER INPUT) - Enter the percentage away from the pending order you want your stop placed based on the opening range. Jun 23, 2025 · Is the Initial Balance Strategy More Profitable than Opening Range Breakout (ORB)? Both IB and ORB strategies focus on early session price ranges but differ slightly in time frame and application. Dec 19, 2018 · Recently came across this cool indicator called Opening Range Breakout by Mobius. Draw support and resistance lines. Sep 10, 2025 · Another way to set your take profit is by using the Fibonacci retracement tool. The -1. 36. Calculate the opening range. 5, 0, -0. Oct 7, 2025 · the ORB indicator automatically plots opening range breakout levels on TradingView. 178 profit factor, steady profits and limited drawdown. After the retest, the strategy will wait for the price action to show a strong breakout in the direction of the initial retest. then back to 350 $ Are you tired of using outdated indicators that leave you guessing where to set your profit targets? Look no further than the AK CAP Opening Range Breakout Indicator. Opening-Range Breakout Note: Default trading date range looks mediocre. High R^2 Overview The Opening-Range Breakout strategy is a mechanical, session‑based day‑trading system designed to capture the initial Apr 11, 2019 · NQ (continuous contract) 15-minute chart – April 4, 2019 The first trade, setup at [1] and trigger at [2] would have been pretty straightforward; its profit target at the support level of 7562. The opening range is customizable in the settings, where you can choose from 5 minute, 15 minute, or 30 minute Opening Ranges. Nov 2, 2024 · execute the ORB trading strategy using live market data. Utilize Opening Range with Breakouts & Targets strategy to identify trend days and manage trading risk effectively. The second trade was slightly trickier. For this example, we can set our stop-loss at the upper boundary, 17,209, and target at 16,970 to 16,940, which is nearly a 1% profit target based on the 0. This simple yet powerful strategy leverages market patterns across the Asia, London, and New York sessions to identify high-probability trades with clear entry and exit points. Breakout Entry: Monitors the breakouts with moment. W Opening Range Breakout, a professional Sierra Chart study inspired by Larry Williams’ Opening Range method. Identify strong breakouts, use the best indicators, and manage risk like a pro! In this video I have taught the opening range breakout strategy which is highly suitable on all time frames. Why it works: Overnight orders accumulate 1 day ago · 3. We’ll explore strategies for using the opening range to improve trade timing, identify opportunities, and refine your approach. This calculator streamlines the decision-making process, making it easier for traders to set up their ORB trades and manage risk effectively. Introduction The Opening Range Breakout (ORB) is a session-based method that captures early-session volatility and directional bias. What's New in Option Alpha Opening Range Breakout, profit target exit option, combine backtests into a single strategy and more Opening Range Breakout In this release we added several new features to support a popular trading strategy called "Opening Range Breakout". Designed for futures traders, it provides real-time breakout signals, predefined targets and stop loss levels, and historical performance tracking. It provides complete trade management including entry signals, stop-loss placement, take-profit targets, and position sizing calculations. 2 days ago · the orb algo with 2 take profit targets is an enhanced version of the opening range breakout strategy that uses 2 contracts with separate exit points. 91% profitable trades, 1. The Setup: You identify the high and low prices of an asset within the first 15 or 30 minutes of the trading day. Feb 4, 2025 · Learn how to trade the 15-minute opening range breakout in futures trading. OR High – maximum price of the range; OR Low – minimum price of the range; OR Mid – middle of the range; TPL + 100% – level of total target profit; TPL + 50% – level of half of the target profit. Options for target, stoploss, and optional label for share position size. 🔶 USAGE https://www. The strategy will wait for the price to retest the range as the first required condition before deciding to open a trade. Features: Automatic daily reset — fresh levels are calculated every trading day Jun 28, 2023 · After identifying the opening range and breakout levels, you execute a long trade when the price breaks above the high of the opening range in the lower time frame like 1m or 5m. Dec 22, 2023 · 1. Many stock tickers tend to follow the Opening Range, and sees continuation after a break of that range. These customized targets can be toggled on and off in the input section of the indicator's settings Jan 9, 2025 · In this article, we'll delve into one of the most renowned and popular entry setups in trading: the Opening Range Breakout (ORB). Learn the easiest way to trade the Opening Range Breakout (ORB) strategy and hit your targets consistently! 🚀 Perfect for beginners and experienced traders looking to master intraday trading Looking to crush the Opening Range Breakout (ORB) strategy in futures day trading? 🚀 In this video, I walk you through my custom NinjaTrader indicator — the Learn 3 methods for trading the most volatile time in the day - the opening range. Backtesting and Optimizing Your Strategy 8. tradingview Oct 10, 2024 · Take-profit: A common approach is to set a profit target that is equal to the size of the opening range. Jul 2, 2025 · **What this indicator does:** The 15-Min ORB (Opening Range Breakout) Indicator helps traders spot breakout trades by automatically detecting the high and low of the first 15 minutes after a session opens. Jan 10, 2024 · ORB stands for "Opening Range Breakout" which is a common trading strategy. Opening Range Breakout is one of the original Floor Trader Strategies. Community practice ranges from very short ORBs (first 1–5 minutes) to longer (15–30 minutes) depending on Jun 16, 2025 · Opening range breakout trading strategies (ORB) are popular strategies, perhaps because of Tony Crabel’s classical trading book published in 1990: Day trading With Short Term Price Patterns And Opening Range Breakout. Opening Range with Breakouts & Targets is based on the long-standing Opening Range Breakout strategy popularized by traders such as Toby Crabel and Mark Fisher. 31 years after it was published, we still see an abundance of opening range breakout strategies on the internet. The Greatest Opening Range Breakout Indicator Ever Created LuxAlgo 651K subscribers Subscribe Jul 1, 2024 · The opening range breakout (ORB) strategy aims to profit from price action at the initial stages of the core market hours. ORB strategies are quick to learn and trading breakouts is a proven way to make profits during the opening range session of each market. At its core, it's about waiting for the price to make a decisive move beyond this initial range, which can signal a strong directional bias for the rest of the day. Above the opening range high and low, you have nine levels of Fibonacci Levels for the day. Enter your trade. Sep 25, 2024 · Learn how to trade the Opening Range Breakout (ORB) strategy like a pro. Master the Opening Range Breakout, key rules, risk management & best timeframes. The setup at [3] and trigger at [4] is clear, but here you would have had two options for a price target. Aug 13, 2025 · For those unfamiliar with it, the Open Range Strategy is a trading approach where you define a specific time period at the beginning of a trading session—such as the first 15 minutes, 30 minutes, or 1 hour—and mark the highest and lowest prices within that range. this gives you flexibility Aug 17, 2025 · How It Works 1. By identifying the high and low of the opening range, traders can prepare to enter trades when the price breaks out of this Open breakout range strategy part 3. (See attached picture) Sep 22, 2024 · Author Message: Opening Range with Breakouts & Targets is based on the long-standing Opening Range Breakout strategy popularized by traders such as Toby Crabel and Mark Fisher. This target can be adjusted based on the market’s volatility or the trader’s risk tolerance. For example, if the high is $102 and the low is $98 in the first 15 minutes of the trading day, the opening range is $4. 75. Unlock the power of the Opening Range Breakout (ORB) trading strategy in just 10 minutes! In this video, we break down the ORB strategy step-by-step, making it simple and actionable for traders of Jul 10, 2014 · Opening Range Breakout with 2 Profit Targets. High R^2 Overview The Opening-Range Breakout strategy is a mechanical, session‑based day‑trading system designed to capture the initial Sep 9, 2025 · Want to learn about the Opening Range Breakout (ORB) trading strategy? This article discusses how it works, its core elements, and its role in trading. By determining the upper and lower boundaries of an asset’s price range, users can trade on trends as its price breaks out. 20, assuming a 2:1 reward-to-risk ratio. The first 15 to 30 minutes of the market open are often the most volatile. The second most common is the Opening Range Breakdown, this is essentially the opposite of the breakout, you are watching for the stock to break the bottom ORB line and then you would enter a short or put position and as you can see the stock continues to dive lower. Risk & Profit Targets: Stop loss and take profit are calculated automatically based on the range size. Aug 9, 2025 · This indicator is designed for Opening Range Breakout (ORB) traders who want automatic calculation of breakout levels and multiple price targets. Traders define a compact “opening range” (e. security_lower_tf ()" function. The Opening Range Breakout V3 EA Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. g. Aug 2, 2025 · Introduction The Opening Range Breakout (ORB) is a popular trading strategy used by traders in various financial markets, including stocks, futures, and forex. Risk Management Feb 5, 2024 · The Open Range Breakout (ORB) strategy is a trading approach that focuses on price movements and breakouts from a defined range after the market opens. Profit targets (PT) should be at least 2:1 reward/risk. The opening range breakout strategy involves entering a long or short position as soon as the price breaks the Jul 22, 2025 · Learn the Opening Range Breakout trading strategy, its execution tips, and how to improve accuracy with technical indicators and risk management. Setting Up Entry and Exit Points 6. After publishing the book, Crabel apparently regretted giving away his secrets and tried to buy all available . This indicator measures and displays the price range created from the first period within a new trading session, along with price breakouts from that range and targets associated with the range width. The opening range breakout (ORB) is a key strategy to help jump on a potential trend day. Optimize decision-making with customizable range analysis and directional signals for strategic market entries. Dec 23, 2023 · The algorithm initiates by calculating the Opening/Pre-Market Price Range, waiting for a breakout to generate signals, and establishing TP (Take Profit and SL (Stop Loss) … Dec 19, 2018 · Recently came across this cool indicator called Opening Range Breakout by Mobius. The Thinkorswim opening range breakout (ORB) study plots price levels on charts. The AK Capital Opening Range Breakout Indicator allows traders to set their profit targets based on their risk levels. Tips for Trading Opening Range Breakouts Successfully 9 Mar 2, 2024 · The Opening Range Breakout (ORB) indicator is a popular technical analysis tool used by traders to identify the strength of a trend within the first minutes of the trading day. Jun 12, 2025 · What Is the Opening Range and How Is It Defined? Every trading day starts with an explosion of volatility — and for professional day traders, the opening 30 minutes are often the most profitable window of the session. Jul 10, 2014 · Opening Range Breakout with 2 Profit Targets. Key Features: 1. This is more than just an indicator. Apr 19, 2024 · The opening range is formed between the highest and lowest price, immediately at market opening, up to a maximum of one hour after the opening. if you set the percent of opening range to 100 it will place a stop at the total size of the opening range (the opposite end of the range), if you set it to 50 it will place the stop half We would like to show you a description here but the site won’t allow us. Go to your Fib settings and add these custom levels as a reference: 1, 0. **How it works:** You set the start time for your session Jan 23, 2025 · The open range is crucial because it provides a reference point for key support and resistance levels, helping traders identify potential breakout or reversal opportunities. This powerful tool is backed by a US patent and has already helped countless traders pass funded challenges like FTMO. This tutorial will explain how the opening range breakout strategy works, tips for day trading with it, plus the benefits and risks of the ORB Opening Range Breakout with 2 Profit Targets. Dec 12, 2024 · IU Opening Range Breakout Strategy This Pine Script strategy is designed to capitalize on the breakout of the opening range, which is a popular trading approach. 5, -1, -1. Updated Indicator now works on all Symbols with Many Different Session Options. This period often offers valuable insights into the day's potential market direction. It is optimised for NSE intraday trading, capturing the first 15-minute range from 09:15 to 09:30 and plotting key breakout targets for both long and short trades. 10 (a little above the breakout level) and sets a stop-loss at 104. Total P&L: $154,141. Opening Range Breakout Indicator input parameters The indicator has the following parameters: Alerts – setting up various types of alerts. Opening range breakout Welcome to our trading strategy, built on the Opening Range Breakout (ORB) using 15-minute timeframes. The profit target might be set at 107. This simple, rules-based approach has long been a go-to Opening Range Breakout with 2 Profit Targets. 🔶 USAGE Jul 30, 2025 · Note: Default trading date range looks mediocre. Analyzing Price Action and Candlestick Patterns 5. I am retrieving the 30 second data using the new "request. Learn how the Opening Range Breakout Strategy works, when to enter or exit trades, and how to spot signals using price gaps and early market movements. What It Does: Detects long and short breakout levels based on today’s Regular Trading Hours 1 day ago · ═══════════════════════════════════ 15m ORB BREAK AND RETEST - MIDPOINT ═══════════════════════════════════ Free professional 15-minute Opening Range Breakout indicator from QuantCrawler - your AI-powered futures trading analysis platform. High R^2 Overview The Opening-Range Breakout strategy is a mechanical, session‑based day‑trading system designed to Jun 23, 2017 · For example, if you set the stop-loss at 10 ticks and the profit target at 20 ticks, when the strategy enters a short position, the stop would be placed 10 ticks above the entry and the profit target would be 20 ticks below the entry. 50 (just below the high of the opening range). The IB typically covers the first hour, while ORB often refers to the first 5, 15, or 30 minutes. Key Features: Opening Range Breakout Aug 23, 2022 · 30 Second Futures Session Open Range This indicator displays 30 second opening ranges from Globex, Europe, and RTH sessions. 🔶 USAGE Apr 11, 2019 · NQ (continuous contract) 15-minute chart – April 4, 2019 The first trade, setup at [1] and trigger at [2] would have been pretty straightforward; its profit target at the support level of 7562. Just reset Indicator after Opening Range Completes. 5 Fib level represents the 1. Based on historical price data, it helps calculate the opening range, stop-loss levels, and potential profit targets. We use it daily on our prop traders and Jul 30, 2025 · Note: Default trading date range looks mediocre. Learn how to spot them, set targets, and catch momentum moves early. Understanding the Importance of Volume and Liquidity 3. 5. You'll learn to control the fear and how to focus on the price action. The opening range breakout strategy involves entering a long or short position as soon as the price breaks the Jul 10, 2014 · Opening Range Breakout with 2 Profit Targets. Introduction to Opening Range Breakouts 2. May 31, 2024 · The Opening Range Breakout ORB Strategy The opening range breakout strategy (ORB) has been around for a long time. Managing Risk with Stop Losses and Profit Targets 7. Identify strong breakouts, use the best indicators, and manage risk like a pro! Oct 19, 2022 · Offer 249 down from 350 for the next 3 copies. The open range breakout strategy is a classic day trading setup that hones in on the high and low of the first few minutes of a trading session to find potential entry points. The ORB strategy is based on the concept that the opening range of a Oct 9, 2025 · To trade the opening range breakout, take the following steps: Identify the high and low prices on your chart within your chosen time frame and the high/low of the previous trading day. lqxmq ergr guo cyxxyx yrrxu gelefftt lzecq lvs shitfw irstyw fsz rtt cbchs lqf jlbwfij