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ORB STRATEGY OR OPEN RANGE BREAKOUT STRATEGY

The Opening Range Breakout (ORB) Strategy is a time-based intraday trading method where traders define a specific opening time window—usually the first 5, 15, or 30 minutes after market open to mark the high and low of that range.

A trade is triggered when price breaks out of this range:
📈 Buy when price breaks and closes above the opening range high
📉 Sell when price breaks and closes below the opening range low

This strategy works best on highly volatile instruments and is ideal for capturing early directional momentum. It’s commonly used by intraday traders to catch big moves that often occur after the market establishes its initial trend.

THIS INDICATOR PLOTS THE RANGE AUTOMATICALLY.

Feragatname

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